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AJRD
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EXCLUSIVE-US defense contractor L3Harris to cut 5% of workforce to save costs, email shows
US defense contractor L3Harris to cut 5% of workforce to save costs, email shows. The cuts represent about 2,500 of the roughly 50,000 employees the company had last year. Cuts are evenly distributed but aim to eliminate redundancies across all functions, source says.
Reuters · 11h ago
US Navy awards rocket motor contract to Ursa Major in supply push
US Navy awards rocket motor contract to Ursa Major in supply push. U.S. Navy seeks to address surging demand for rocket engines and expand the industrial base for manufacturing them. Ursa major will develop and test solid fuel rocket engines for the Navy's standard missile program. X-Bow Systems also awarded a contract.
Reuters · 04/08 04:01
L3Harris to suspend M&A program for 'foreseeable future'
L3Harris to suspend its merger and acquisition activity for the 'foreseeable future' U.S. Defense contractor forecast full-year revenue above analysts' estimates. The company said it expects revenue at around $21 billion for 2024. L3Harris divested its commercial aviation business for $800 million earlier this month.
Reuters · 12/12/2023 20:01
L3Harris Technologies beats results estimates on robust weapons demand
Reuters · 10/26/2023 20:45
BUZZ-JPM cuts L3Harris PT on Aerojet Rocketdyne acquisition uncertainty
Reuters · 10/11/2023 11:31
Eyeing China in the Pacific, US studies explosives to make missiles fly further
Reuters · 08/02/2023 10:00
The Aerojet Rocketdyne Lesson: Eyes On Facts And Opportunity
Seeking Alpha · 07/31/2023 23:35
MSG Sports to replace Aerojet Rocketdyne in S&P SmallCap 600
Seeking Alpha · 07/28/2023 12:17
BUZZ-Madison Square Garden Sports rises on S&P SmallCap inclusion
Reuters · 07/28/2023 10:14
Aerojet Rocketdyne Hldgs Inc: Statement of changes in beneficial ownership of securities
Press release · 07/27/2023 23:01
Aerojet Rocketdyne Hldgs Inc: [Amend]General statement of acquisition of beneficial ownership
Press release · 07/27/2023 22:04
*News On Aerojet Rocketdyne Holdings Inc. (AJRD) Now Under LHX
Dow Jones · 07/27/2023 21:08
L3Harris Has Become A Strong Buy After Stellar Q2 Earnings
Seeking Alpha · 07/27/2023 17:52
L3Harris Wins Aerojet Without Consent Deal -- Market Talk
Dow Jones · 07/27/2023 12:59
Deals of the day-Mergers and acquisitions
Reuters · 07/27/2023 09:46
UPDATE 1-Evercore hires veteran investment banker Bergstein from Morgan Stanley -sources
Reuters · 07/27/2023 01:17
Evercore hires veteran investment banker Bergstein from Morgan Stanley -sources
Reuters · 07/26/2023 23:35
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About AJRD
Aerojet Rocketdyne Holdings, Inc. is primarily engaged in providing solutions to its customers in the aerospace and defense, and real estate markets. The Company’s segments include Aerospace and Defense, and Real Estate. The Aerospace and Defense segment includes the operations of its subsidiary, Aerojet Rocketdyne, Inc., a technology-based designer, developer and manufacturer of aerospace and defense products and systems for the United States government, including the Department of Defense (DoD), the National Aeronautics and Space Administration (NASA), and aerospace and defense prime contractors. The Real Estate segment includes the activities of its subsidiary, Easton Development Company, LLC, related to the re-zoning, entitlement, sale, and leasing of its excess real estate assets. The Company develops and manufactures liquid and solid rocket propulsion, air-breathing hypersonic engines, and electric power and propulsion for space, defense, civil and commercial applications.