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Stock impact report

Aerojet Rocketdyne’s Innovative Solid Rocket Motor Technology Advances DARPA’s OpFires Hypersonics Program

Aerojet Rocketdyne Holdings, Inc. (AJRD) 
Last aerojet rocketdyne holdings, inc. earnings: 2/19 04:11 pm Check Earnings Report
Company Research Source: GlobeNewswire
HUNTSVILLE, Ala., June 21, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has successfully tested a full-scale advanced solid rocket motor as part of an ongoing test series in support of Phase 2 of the Operational Fires (OpFires) program, a U.S. Defense Advanced Research Projects Agency (DARPA) effort to develop a ground-launched tactical hypersonic weapon. “This successful test demonstrates Aerojet Rocketdyne’s advanced technological capabilities to ensure our warfighters maintain the advantage,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. During the static test last month at Redstone Arsenal in Huntsville, the company demonstrated the variable-range technology that will enable OpFires to provide the military with intermediate-range missile capability. The solid rocket motor performed as expected through the duration of the static test, which was performed at sea level. The static test follows earlier tests of booster test articles and a series of subscale propulsio Show less Read more
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