New Aerojet Rocketdyne Facility Consolidates Solid Rocket Motor Manufacturing to Increase Efficiency and Capacity
Aerojet Rocketdyne Holdings, Inc. (AJRD)
Last aerojet rocketdyne holdings, inc. earnings: 2/19 04:11 pm
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Source: GlobeNewswire
CAMDEN, Ark., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne’s Camden, Arkansas, site has opened a new facility to integrate solid rocket motor manufacturing activities, improving operational efficiency, increasing production capacity, reducing costs, and providing for even safer operations. “We are building upon our proud legacy of providing reliable propulsion by investing and expanding to support future military readiness,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “This $13.5 million facility is a testament to our commitment to providing innovative, affordable propulsion to support both today’s defense programs and those of tomorrow.” The new 51,000 square foot building consolidates multiple manufacturing activities under one roof and adds advanced equipment, including modern tool-up bays, dedicated propellant casting and oven areas, and upgraded X-ray systems, all emphasizing a safe production process. The facility results in a reduction in the need to
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