L3 Sells Coleman Aerospace To Aerojet Rocketdyne

L3 Technologies is selling its Coleman Aerospace business unit to Aerojet Rocketdyne Holdings for $15 million in cash. Coleman, which will be renamed Aerojet Rocketdyne Coleman Aerospace, should generate $40 million in 2017 revenue, Aerojet said. According to Aerojet, the deal builds on and expands...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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