Aerojet Rocketdyne Holdings

Aerojet Rocketdyne Holdings, Inc. engages in providing solutions in the field of aerospace and defense, as well as in the field of real estate. It operates through the following business segments: Aerospace & Defense, and Real Estate. The Aerospace & Defense segment operates through the Aerojet Rocketdyne, Inc. in developing and manufacturing of aerospace and defense products and systems for the United States government, the National Aeronautics and Space Administration, major aerospace and defense prime contractors as well as portions of the commercial sector. The Real Estate segment operates through Easton Development Company, LLC in re-zoning, entitlement, sale, and leasing of excess real estate assets. The company was founded by William O'Neil on September 29, 1915 and is headquartered in El Segundo, CA.

Earnings data Q1 2024

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Aerojet Rocketdyne Holdings, Inc. engages in provision of solutions in the field of aerospace and defense, as well as in the field of real estate. It operates through the following business segments: Aerospace and Defense, and Real Estate. The Aerospace and Defense segment operates through Aerojet Rocketdyne, Inc. in developing and manufacturing aerospace and defense products and systems for the United States government, the National Aeronautics and Space Administration, major aerospace and defense prime contractors as well as portions of the commercial sector. The Real Estate segment includes Easton Development Company, LLC in re-zoning, entitlement, sale, and leasing of excess real estate assets. The company was founded on September 29, 1915 and is headquartered in El Segundo, CA.

Aerojet Rocketdyne Holdings Inc. ( AJRD , Financial) holds the rare distinction of being among the small number of mid-sized players in the aerospace and defense sector that has managed to thrive despite the constant pressure of much larger competitors. Key to Aerojet's success, as I have discussed previously, has been its firm commitment to a relatively niche focus area: rockets and jet propulsion systems.

Is Aerojet Rocketdyne Still on the Market?

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EL SEGUNDO, Calif., Nov. 23, 2022 (GLOBE NEWSWIRE) -- Two organizations have nationally recognized propulsion and power provider Aerojet Rocketdyne as a leading employer of veterans.

Aerojet Rocketdyne Recognized as a Top Employer for Veterans

Aerojet Rocketdyne (AJRD) intends to open a new facility in Huntsville, thus expanding in the region with its state-of-the-art facility.

Aerojet Rocketdyne (AJRD) Announces Expansion in Huntsville

HUNTSVILLE, Ala., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne announced today the expansion of its Huntsville presence with additional job opportunities and a new facility to increase manufacturing and office space. The 379,000 sq. ft. manufacturing facility near Huntsville International Airport is expected to be operational in 2023. This growth will allow Aerojet Rocketdyne to increase manufacturing capacity for the nation's defense production needs.

Aerojet Rocketdyne to Expand Huntsville Presence with Addition of 379,000 sq. ft. State-of-the-Art Facility

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TITUSVILLE, Fla., Nov. 16, 2022 (GLOBE NEWSWIRE) -- KENNEDY SPACE CENTER -- Aerojet Rocketdyne played a central role in enabling humanity's next giant leap with the successful launch of NASA's super-heavy lift Space Launch System (SLS) exploration rocket today. The company provided critical elements to the Artemis I mission with propulsion on both the SLS rocket and the uncrewed Orion spacecraft.

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Does Aerojet Rocketdyne Holdings (AJRD) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Aerojet Rocketdyne Holdings (AJRD) is a Great Choice

Here is how Aerojet Rocketdyne Holdings (AJRD) and AerSale Corporation (ASLE) have performed compared to their sector so far this year.

Are Aerospace Stocks Lagging Aerojet Rocketdyne Holdings (AJRD) This Year?

Aerojet Rocketdyne's (AJRD) Q3 sales of $549.8 million inch up 0.8% from the year-ago quarter. The top line misses the Zacks Consensus Estimate by 1.6%.

Aerojet Rocketdyne (AJRD) Q3 Earnings Top Estimates, Fall Y/Y

Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD ) Q3 2022 Earnings Conference Call November 1, 2022 8:30 AM ET Company Participants Kelly Anderson - Vice President of Investor Relations Eileen Drake - Chief Executive Officer and President Dan Boehle - Chief Financial Officer Conference Call Participants Scott Forbes - Jefferies Seth Seifman - JPMorgan Michael Ciarmoli - Truist Securities Operator Greetings and welcome to the Aerojet Rocketdyne Third Quarter 2022 Earnings Conference Call. At this time all participants are in a listen-only mode.

Aerojet Rocketdyne Holdings, Inc. (AJRD) Q3 2022 - Earnings Call Transcript

Aerojet Rocketdyne (AJRD) delivered earnings and revenue surprises of 2.27% and 1.55%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Aerojet Rocketdyne Holdings (AJRD) Q3 Earnings Beat Estimates

EL SEGUNDO, Calif., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the “Company”) today reported results for the three and nine months ended September 30, 2022.

Aerojet Rocketdyne Holdings, Inc. Reports 2022 Third Quarter Results

Over the past 10 years, Aerojet Rocketdyne stock has risen an average of 19.6% per year, while the S&P500 rose an average of 12.7% per year over the same period. The Lockheed Martin deal was accompanied by a 20% equity premium, making $56 per share appear to be a suitable acquisition price for future takeover candidates.

Aerojet Rocketdyne: A Takeover Opportunity

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HUNTSVILLE, Ala., Oct. 24, 2022 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne will power the Navy's new Compact Rapid Attack Weapon (CRAW) as part of the Raytheon Missiles & Defense team building the next generation torpedo. Aerojet Rocketdyne will provide the afterbody, propulsion system and tail for the new torpedo.

Aerojet Rocketdyne Selected to Power Navy's CRAW Torpedo

EL SEGUNDO, Calif., Oct. 18, 2022 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) (the “Company”) today announced that it will report its third quarter 2022 earnings results on Tuesday, November 1, 2022. The Company will also host a conference call and webcast that morning at 8:30 a.m. EDT / 5:30 a.m. PDT. Eileen P. Drake, Chief Executive Officer and President, and Dan Boehle, Chief Financial Officer, will host the call to discuss third quarter 2022 financial results and answer questions.

Aerojet Rocketdyne Holdings, Inc. Announces Release Date for Third Quarter 2022 Earnings Results and Webcast

Aerojet Rocketdyne (AJRD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Aerojet Rocketdyne Holdings (AJRD) to Report a Decline in Earnings: What to Look Out for

HUNTSVILLE, Ala., Oct. 06, 2022 (GLOBE NEWSWIRE) -- With the recent successful test of a next generation large solid rocket motor called eSR-19, Aerojet Rocketdyne has validated advanced motor technology while demonstrating the production maturity of new and upgraded facilities in Huntsville, Alabama, and Camden, Arkansas.

Aerojet Rocketdyne Tests Next Generation Large Solid Rocket Motor, Demonstrates Production Maturity of Modern Facilities

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