Aerojet Rocketdyne Targets $25 Million Per Pair For AR-1 Engines

Aerojet Rocketdyne is targeting a cost of $20-25 million for each pair of new AR-1 engines as the company continues to lobby the government to fund an all-new, U.S.-sourced rocket propulsion system, says Scott Seymour, president and CEO of the company’s parent, GenCorp. Including legacy systems and...

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