Skip to main content

Aerojet Rocketdyne Selected by Lockheed Martin to Power Additional THAAD Interceptors

Written by Customer Service on . Posted in Public Companies.

THAAD infographic

Aerojet Rocketdyne’s reliable propulsion powers THAAD
Aerojet Rocketdyne’s reliable propulsion powers THAAD

HUNTSVILLE, Ala., March 27, 2023 (GLOBE NEWSWIRE) — Aerojet Rocketdyne has been awarded a new contract by Lockheed Martin to produce additional solid rocket motors and Divert and Attitude Control Systems (DACS) for the Terminal High Altitude Area Defense (THAAD) weapon system for the Missile Defense Agency. The contract includes interceptor propulsion for U.S. government lots 13/14 as well as Foreign Military Sales. THAAD is one of the nation’s primary defenses against short, medium and intermediate-range missiles.

“For more than two decades, Aerojet Rocketdyne has powered THAAD, a missile defense system that protects our nation, our military service members and our allies,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “Precision in everything we do is paramount, and we continue our longstanding focus on producing the highest quality products for our customers in support of our nation’s critical defense needs.”

A land-based element of the Missile Defense Agency’s Missile Defense system, built by Lockheed Martin, the THAAD weapon system shields deployed U.S. and allied forces and critical infrastructure from missile attacks. The combat-proven system has a 100% success rate in intercept tests—16 intercepts in 16 tests—since production began.

The THAAD solid rocket boost motor is manufactured at Aerojet Rocketdyne’s Advanced Manufacturing Facility in Huntsville, Alabama and at the company’s Solid Rocket Motor Center of Excellence in Camden, Arkansas. The DACS, a highly-responsive thruster system that keeps THAAD’s kinetic kill vehicle on target during the latter stages of an intercept, is manufactured in the company’s Los Angeles, California facility.

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 Contacts:
Jessica Carlton, Aerojet Rocketdyne, 256-690-9626
jessica.carlton@rocket.com
Eileen Lainez, Aerojet Rocketdyne, 571-239-7839
eileen.lainez@rocket.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/788a439b-77b2-4b14-acb9-0f5307653fd8

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.