Author Topic: L3Harris completes acquisition of Aerojet Rocketdyne  (Read 372 times)

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Online Elderberry

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L3Harris completes acquisition of Aerojet Rocketdyne
« on: July 30, 2023, 11:20:11 pm »
SatellitePro ME 7/31/2023

Ross Niebergall will serve as President of the Aerojet Rocketdyne segment at L3Harris.

L3Harris Technologies has completed its acquisition of Aerojet Rocketdyne, forming a fourth business segment at the company.

L3Harris signed a definitive agreement to purchase Aerojet Rocketdyne in December 2022, emphasising its ability to strengthen the defence industrial base, enhance competition and accelerate innovation for a critical merchant supplier of propulsion systems.

Speaking about the acquisition, Christopher E. Kubasik, Chair and CEO, L3Harris, said: “I’m thrilled to welcome more than 5,000 employees to the L3Harris team today. With national security at the forefront, we’re combining our resources and expertise with Aerojet Rocketdyne’s propulsion and energetics capabilities to ensure that the Department of Defense and civil space customers can address critical mission needs globally.”

More: https://satelliteprome.com/news/l3harris-completes-acquisition-of-aerojet-rocketdyne/