Kremlin conducts another successful hypersonic weapon test [Seeking Alpha]
Aerojet Rocketdyne Holdings, Inc. (AJRD)
Last aerojet rocketdyne holdings, inc. earnings: 2/19 04:11 pm
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Source: Seeking Alpha
According to the Kremlin, Russia has conducted another successful test of a hypersonic weapon system capable of carrying nuclear warheads. The weapon - called Avangard - which the U.S. is currently unable to defend against, is designed to sit atop an intercontinental ballistic missile. Per one U.S. intelligence report, the hypersonic glide vehicles would join Russia's arsenal by 2020. Companies competing for U.S. hypersonic contracts include Lockheed Martin ( LMT ), Northrop Grumman ( NOC ), Raytheon ( RTN ), Boeing ( BA ), Kratos ( KTOS ) and Aerojet Rocketdyne ( AJRD ). Click to subscribe to real-time analytics on AJRD Now read: Reduce Market Risk 11% & Generate A 34.8% Yield Rate On This Dow Component » Subscribe for full text news in your inbox
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