Aerojet Rocketdyne Holdings, Inc. (AJRD)

Aerospace and defense company specializing in propulsion systems and rocket engines for space and defense applications.

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Aerojet Rocketdyne Holdings, Inc. is a prominent player in the aerospace and defense sectors within the United States. The company operates through two key segments: Aerospace and Defense, and Real Estate.

Within the Aerospace and Defense segment, Aerojet Rocketdyne specializes in the design, development, and manufacturing of advanced aerospace and defense products. These include liquid and solid rocket propulsion systems, air-breathing hypersonic engines, and electric power and propulsion systems tailored for space exploration, defense applications, civil projects, and commercial ventures. The segment also delivers armament systems crucial for national security.

In addition to its core aerospace and defense operations, Aerojet Rocketdyne manages a Real Estate segment focused on optimizing the value of its surplus real estate assets. This segment is involved in activities such as re-zoning, entitlement, sale, and leasing of properties to enhance shareholder value.

Founded in 1915 and headquartered in El Segundo, California, Aerojet Rocketdyne Holdings, Inc. was previously known as GenCorp Inc. before rebranding in April 2015. With a rich heritage spanning over a century, the company continues to innovate and contribute significantly to the advancement of aerospace technology and defense capabilities, serving prestigious clients such as the Department of Defense, NASA, and major aerospace and defense contractors.

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