Author Topic: Aerojet Rocketdyne buys missile-target maker and may provide satellite launches  (Read 895 times)

Offline catdlr

  • Member
  • Senior Member
  • *****
  • Posts: 12415
  • Enthusiast since the Redstones
  • Marina del Rey, California, USA
  • Liked: 10136
  • Likes Given: 8473
Quote
a deal that could have implications for the satellite launch business, rocket engine manufacturer Aerojet Rocketdyne has acquired leading missile-target developer Coleman Aerospace for $15 million in cash.

The deal, which is expected to close Friday, will allow Aerojet Rocketdyne — a unit of El Segundo-based Aerojet Rocketdyne Holdings Inc. — to expand into the missile-targets business, as well as offer commercial launch options for the potentially lucrative small-satellite launch market, said Tyler Evans, company vice president of defense advanced programs.

Source: http://www.latimes.com/business/la-fi-aerojet-rocketdyne-20170222-story.html
It's Tony De La Rosa, ...I don't create this stuff, I just report it.

Tags:
 

Advertisement NovaTech
Advertisement Northrop Grumman
Advertisement
Advertisement Margaritaville Beach Resort South Padre Island
Advertisement Brady Kenniston
Advertisement NextSpaceflight
Advertisement Nathan Barker Photography
0