Skip to main content

Aerojet Rocketdyne Selected to Power Lockheed Martin’s Next Generation Interceptor Program

HUNTSVILLE, Ala., March 23, 2021 (GLOBE NEWSWIRE) — Aerojet Rocketdyne has been selected by Lockheed Martin to provide propulsion as a key member of their team supporting the Next Generation Interceptor (NGI) program. Lockheed Martin has been awarded a contract by the Missile Defense Agency (MDA) for the Technology Development phase of the NGI program, a key element of the MDA’s missile defense system, designed to intercept and destroy incoming intercontinental ballistic missiles.

“Aerojet Rocketdyne’s proven propulsion has been successful on Ground-based Midcourse Defense system flight tests. We’re now applying decades of missile defense experience combined with multiple advanced propulsion technologies to support the Next Generation Interceptor program,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “We’re proud to partner with Lockheed Martin to enable our nation’s defense with innovative, affordable propulsion.”

Aerojet Rocketdyne provides industry-leading kill vehicle and kinetic warhead propulsion to all of the MDA programs currently in production, including the Ground-based Midcourse Defense system. Aerojet Rocketdyne provides a broad range of products to support our nation’s missile defense systems, including liquid & solid Divert & Attitude Control Systems, solid rocket boost motors and targets. The company delivers high performance, affordable propulsion due to its significant investments in technology, manufacturing affordability, facility modernization and a highly skilled workforce.

The views expressed are those of Aerojet Rocketdyne and do not constitute an endorsement by the Missile Defense Agency.

About Aerojet Rocketdyne: Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), is a world-recognized aerospace and defense leader that provides propulsion systems and energetics to the space, missile defense and strategic systems, and tactical systems areas, in support of domestic and international customers. For more information, visit www.Rocket.com and www.AerojetRocketdyne.com. Follow Aerojet Rocketdyne and CEO Eileen Drake on Twitter at @AerojetRdyne and @DrakeEileen.

Media Contact:
Eileen Lainez, Aerojet Rocketdyne, 571-239-7839
Eileen.Lainez@rocket.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.