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AJRD / Aerojet Rocketdyne: Stock Buy Thesis Plays Out, $4.7 Billion Acquisition

Aerojet Rocketdyne: Stock Buy Thesis Plays Out, $4.7 Billion Acquisition
Aerojet Rocketdyne likely to be acquired at a >40% premium compared to our first buy recommendation. Aerojet Rocketdyne is a strategic supplier that could provide diversification for the right suitor like L3Harris. Read More
Posted: Dec 18 2022, 00:23
Author Name: Seeking Alpha
Views: 110842

AJRD News  

The Aerojet Rocketdyne Lesson: Eyes On Facts And Opportunity

By Seeking Alpha
July 31, 2023

The Aerojet Rocketdyne Lesson: Eyes On Facts And Opportunity

The acquisition of Aerojet Rocketdyne by L3Harris Technologies has been finalized. Opposition to the merger by Sen. Elizabeth Warren was driven by ant more_horizontal

Farewell, Rocket.com: L3Harris completes acquisition of Aerojet Rocketdyne

By GeekWire
July 28, 2023

Farewell, Rocket.com: L3Harris completes acquisition of Aerojet Rocketdyne

Florida-based L3Harris today announced that it has completed its acquisition of Aerojet Rocketdyne, two days after the Federal Trade Commission gave i more_horizontal

STEEL PARTNERS HOLDINGS L.P. Reduces Stake in Aerojet Rocketdyne Holdings Inc

By GuruFocus
July 27, 2023

STEEL PARTNERS HOLDINGS L.P. Reduces Stake in Aerojet Rocketdyne Holdings Inc

STEEL PARTNERS HOLDINGS L.P. (Trades, Portfolio), a prominent investment firm, recently made a significant transaction in its portfolio. more_horizontal

Aerojet Rocketdyne (AJRD) to Help Lockheed in LRMF Creation

By Zacks Investment Research
June 22, 2023

Aerojet Rocketdyne (AJRD) to Help Lockheed in LRMF Creation

Aerojet Rocketdyne's (AJRD) advanced propulsion solution to assist Lockheed in developing Long Range Maneuverable Fires missiles. more_horizontal

Aerojet Rocketdyne (AJRD) Q1 Earnings Lag, Sales Rise Y/Y

By Zacks Investment Research
May 10, 2023

Aerojet Rocketdyne (AJRD) Q1 Earnings Lag, Sales Rise Y/Y

Aerojet Rocketdyne (AJRD) Q1 sales of $566.3 million rise 10.8% from the year-ago quarter's $511.1 million. The top line misses the Zacks Consensus Es more_horizontal

Aerojet Rocketdyne Holdings (AJRD) Q1 Earnings Miss Estimates

By Zacks Investment Research
May 4, 2023

Aerojet Rocketdyne Holdings (AJRD) Q1 Earnings Miss Estimates

Aerojet Rocketdyne Holdings (AJRD) came out with quarterly earnings of $0.43 per share, missing the Zacks Consensus Estimate of $0.44 per share. This more_horizontal

Aerojet Rocketdyne wins $67M contract for Orion thrusters built in Seattle area

By GeekWire
April 19, 2023

Aerojet Rocketdyne wins $67M contract for Orion thrusters built in Seattle area

Aerojet Rocketdyne says it's received a $67 million contract award from Lockheed Martin to provide propulsion systems for the Orion spacecraft that'll more_horizontal

AJRD Inks $215.6M Contract to Boost Manufacturing Capacity

By Zacks Investment Research
April 17, 2023

AJRD Inks $215.6M Contract to Boost Manufacturing Capacity

AJRD signs a $215.6 million cooperative agreement with the Department of Defense to augment rocket propulsion manufacturing capacity. more_horizontal


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