Office of Naval Research Awards Aerojet Rocketdyne Contract to Develop Advanced Torpedo Propulsion System
Aerojet Rocketdyne Holdings, Inc. (AJRD)
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Source: GlobeNewswire
SACRAMENTO, Calif., June 12, 2018 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has been awarded a $2.6 million Phase I contract by the Office of Naval Research to develop a prototype torpedo propulsion system under the agency’s Torpedo Advanced Propulsion System (TAPS) program. The primary goal of the program is to improve the engine efficiency of the U.S. Navy’s MK48 Heavyweight Torpedo. “Aerojet Rocketdyne began developing torpedo propulsion systems in the early 1950s,” said Aerojet Rocketdyne CEO and President Eileen Drake. “We will carry this legacy forward as we develop the technologies needed to enhance the capability of the MK48, which is used by the U.S. Navy on all classes of submarines as their most capable anti-submarine and anti-surface weapon.” Phase I of the TAPS program, which could last up to 24 months with options, will explore increasing the efficiency of the Otto-fueled engine that currently powers the MK48. If awarded, Phase II of the program would include integrated
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