AJRD Stock Recent News

Aerojet Rocketdyne (AJRD) delivered earnings and revenue surprises of -48.33% and 5.30%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

NASA's Artemis I success sets the stage for tens of billions of dollars' worth of space contracts to be awarded over the next two decades.

Strategic discipline and tightly-focused engineering expertise have helped keep Aerojet Rocketdyne Holdings Inc. ( AJRD , Financial) aloft over the turbulent course of 2022. The rocket maker has built a solid niche for itself, one it has sustained despite the presence of the far larger companies that dominate the aerospace and defense industry.

Aerojet Rocketdyne likely to be acquired at a >40% premium compared to our first buy recommendation. Aerojet Rocketdyne is a strategic supplier that could provide diversification for the right suitor like L3Harris.

The aerospace and defense industry is characterized by frequent and often large mergers and acquisitions. One name that has recently made headlines in this regard is Aerojet Rocketdyne (ARJD), an aerospace and defense company known for rocket engines such as the RS-25, the RL10 used in the Centaur rocket stage of Atlas V and the RS-68, which is the largest hydrogen rocket engine ever flown.

Aerojet Rocketdyne stock has gained 30% since the last time I covered it, outperforming the broader market. The company is of major importance for national security and space programs.

Should Aerojet Rocketdyne sell itself -- or buy someone else instead?

Aerojet Rocketdyne Holdings Inc. ( AJRD , Financial) holds the rare distinction of being among the small number of mid-sized players in the aerospace and defense sector that has managed to thrive despite the constant pressure of much larger competitors. Key to Aerojet's success, as I have discussed previously, has been its firm commitment to a relatively niche focus area: rockets and jet propulsion systems.

Aerojet Rocketdyne (AJRD) intends to open a new facility in Huntsville, thus expanding in the region with its state-of-the-art facility.

Aerojet Rocketdyne (NYSE: AJRD) says that it has played a central role in enabling humanity's next giant leap with the successful launch of NASA's super-heavy lift Space Launch System exploration rocket. The company says that it provided critical elements to the Artemis I mission with propulsion on both the SLS rocket and uncrewed Orion spacecraft.