Aerojet Rocketdyne

Aerojet Rocketdyne
Company typeSubsidiary
NYSE: GY
IndustryAerospace, Defense
Predecessors
Founded2013; 11 years ago (2013)
Headquarters,
U.S.
Key people
Ross Niebergall (President)
RevenueIncrease US$2.24 billion (2022)
Decrease US$145 million (2022)
Decrease US$74 million (2022)
Total assetsDecrease US$2.37 billion (2022)
Total equityIncrease US$541 million (2022)
Number of employees
5,283 (2022)
ParentL3Harris
Footnotes / references
[1][2]

Aerojet Rocketdyne is a subsidiary of American defense company L3Harris that manufactures rocket, hypersonic, and electric propulsive systems for space, defense, civil and commercial applications.[3][4][2] Aerojet traces its origins to the General Tire and Rubber Company (later renamed GenCorp, Inc. as it diversified) established in 1915, while Rocketdyne was created as a division of North American Aviation in 1955.[5][6] Aerojet Rocketdyne was formed in 2013 when Aerojet and Pratt & Whitney Rocketdyne were merged, following the latter's acquisition by GenCorp, Inc. from Pratt & Whitney.[7][8] Aerojet Rocketdyne was acquired by L3Harris in July 2023 for $4.7 billion.

  1. ^ "Aerojet Rocketdyne Holdings 2022 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. 15 February 2023.
  2. ^ a b Weisgerber, Marcus (28 July 2023). "On Day 1 of ownership, L3Harris pledges to invest in Aerojet Rocketdyne". Defense One. Retrieved 1 August 2023.
  3. ^ "About Us | Aerojet Rocketdyne Holdings, Inc". Archived from the original on 2023-04-14. Retrieved 2022-01-29.
  4. ^ "Hypersonics | Aerojet Rocketdyne". www.rocket.com.
  5. ^ Aerojet Rocketdyne Holdings, Inc. (21 April 2015). "GenCorp Announces Effective Date for Name and Stock Ticker Symbol Change". GlobeNewswire News Room (Press release).
  6. ^ "Rocketdyne | American company | Britannica".
  7. ^ "Two engine rivals merge into Aerojet Rocketdyne". Spaceflight Now. 18 June 2013. Retrieved 22 June 2013.
  8. ^ Roop, Lee (June 17, 2013). "Here's how Aerojet Rocketdyne might bring 5,000 new aerospace engineering jobs to Huntsville". www.al.com. Alabama Media Group. Retrieved 2016-10-03.