February 27, 2015 4:47 PM ET

Aerospace and Defense

Company Overview of Aerojet Rocketdyne, Inc.

Company Overview

Aerojet Rocketdyne, Inc. operates as an aerospace and defense company that provides propulsion and energetics to space, missile defense, strategic, tactical missile, and armaments areas in the United States and international markets. The company engages in the design, development, and production of specialty metal components for munitions, commercial products, and sporting goods. It also develops new products and businesses for entry into new/adjacent markets, which include systems integration in niche markets, and specialty weapons, as well as mobile power, renewable energy, and distributed smart power; captures and manages research and technology, such as traditional and non-traditional pr...

2001 Aerojet Road

Rancho Cordova, CA 95742-6418

United States

Founded in 1942

Phone:

916-355-4000

Fax:

916-351-8667

Key Executives for Aerojet Rocketdyne, Inc.

President, Chief Executive Officer of Gencorp., President of Gencorp. and Director of Gencorp
Age: 63
Chief Financial Officer
Age: 59
Chief Information Officer and Vice President
Age: 50
Vice President of Business Development
Director of Business Development for Missile Defense
Compensation as of Fiscal Year 2014.

Aerojet Rocketdyne, Inc. Key Developments

Aerojet Rocketdyne Collaborate with Arkansas Electric Cooperative Corporation for Solar Field in Arkansas

Aerojet Rocketdyne and Arkansas Electric Cooperative Corporation have signed agreements with Silicon Ranch Corporation, a renewable energy provider, to build solar field in Arkansas. The 12-megawatt project will be constructed in Highland Industrial Park, located in the city of East Camden, and will occupy approximately 100 acres. It will serve to provide predictable energy costs as well as contribute to ongoing clean energy development and economic growth in the region. Under its agreement, Aerojet Rocketdyne will purchase solar power for the 1,200-acre site it leases in East Camden. Silicon Ranch Corporation is expected to complete the project in late 2015. Once completed, the plant will provide clean supplemental daytime power to Aerojet Rocketdyne and will be capable of generating enough electricity to power the equivalent of 2,400 single-family homes. Excess solar energy will be released to AECC and integrated into the cooperative's diverse generation portfolio.

Aerojet Rocketdyne, Inc. Announces Executive Changes

GenCorp Inc. announced that Warren M. Boley, Jr., the President of the Aerojet Rocketdyne, Inc., has left company effective February 13, 2015. Scott J. Seymour, the Chief Executive Officer and President of the GenCorp Inc., will assume the responsibilities of the President of Aerojet Rocketdyne.

Aerojet Rocketdyne to Provide Electric Propulsion for Orbital Sciences Corporation's GEOStar-3 Satellites

Aerojet Rocketdyne received a contract from Orbital Sciences Corporation to deliver XR-5 electric propulsion subsystems over the next three years for the next generation GEOStar-3 commercial geostationary orbit communications satellite platform. Orbital's GEOStar satellites are used to provide a variety of communications services including direct-to-home TV broadcasting, broadband connectivity, cable program distribution, business data network capacity, regional mobile communications and similar services. Each Aerojet Rocketdyne XR-5 subsystem for a GEOStar-3 spacecraft consists of 5-kilowatt class Hall thrusters with integral flow regulation valves, Power Processing Units with built-in Thruster Selection Units and all associated electrical harnessing. The XR-5 Hall system is the power Hall thruster system ever flown, and each XR-5 Hall thruster incorporates Aerojet Rocketdyne's patented zero-erosion design, which enables the extremely long-life capability required to raise the satellite from where it is placed into orbit by the launch vehicle to its final destination in geostationary orbit.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 27, 2014
Aerojet Rocketdyne, Inc., Concentrating Solar Power Business
 

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