Aerojet Rocketdyne Selected to Power Nation’s Next Generation Strategic Deterrent
Aerojet Rocketdyne Holdings, Inc. (AJRD)
Last aerojet rocketdyne holdings, inc. earnings: 2/19 04:11 pm
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Source: GlobeNewswire
HUNTSVILLE, Ala., Sept. 08, 2020 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne will develop a large solid rocket motor and the post-boost propulsion system for the Ground Based Strategic Deterrent (GBSD) program as a key member of Northrop Grumman’s nationwide GBSD team. Northrop Grumman was selected by the Air Force as the prime contractor for GBSD’s Engineering and Manufacturing Development phase. Aerojet Rocketdyne will leverage its decades of experience and broad range of capabilities to provide propulsion for the nation’s modernized nuclear deterrent. “Aerojet Rocketdyne has a proud legacy of powering our nation’s strategic deterrent, and we look forward to building upon that legacy as part of Northrop Grumman’s nationwide GBSD team,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “Our investments in state-of-the-art facilities and innovative technologies enable us to deliver advanced propulsion systems with improved performance at lower costs.” The c
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