L3Harris Plays The Long Game With Aerojet Rocketdyne

Aerojet Rocketdyne engine assembly

Aerojet Rocketdyne produces RS-25 engines, pictured being installed at NASA Michoud Assembly Facility onto the core stage of the Space Launch System, which is planned to launch NASA’s first crewed Artemis mission to the Moon.

Credit: NASA/piemags/Alamy Stock Photo
Roughly a year after L3Harris closed on its $4.7 billion acquisition of Aerojet Rocketdyne, a rift has widened between company management focused on the solid rocket motor-maker’s long-term growth potential and investors keen for a payoff. Any major acquisition is a gamble, but the L3Harris purchase...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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