AEROJET ROCKETDYNE HLDGS INC
Aerojet Rocketdyne Holdings Inc. is a leading aerospace and defense company that specializes in the design, development, and manufacture of propulsion systems and related technologies. The company is based in El Segundo, California and was founded in 2013.
Aerojet Rocketdyne's primary business segments include defense and space. The defense segment provides propulsion systems for a variety of military applications, including missile defense, tactical missiles, and hypersonics. The space segment provides propulsion systems for satellites, spacecraft, and space launch vehicles.
One of the key strengths of Aerojet Rocketdyne is their expertise in propulsion systems. The company has a long history of developing innovative propulsion technologies, including liquid-fueled rocket engines, solid rocket motors, and electric propulsion systems. This expertise has allowed Aerojet Rocketdyne to become a trusted supplier to both the government and commercial aerospace industries.
In addition to their expertise in propulsion systems, Aerojet Rocketdyne has also demonstrated a commitment to innovation. The company invests heavily in research and development, with a focus on developing new technologies and solutions that can help their customers stay ahead of the curve. This approach has allowed Aerojet Rocketdyne to stay at the forefront of the rapidly-evolving aerospace and defense industry.
Financially, Aerojet Rocketdyne has a strong track record of growth and profitability. The company reported revenue of $2.2 billion in 2020, an increase of 12% over the previous year. Net income for the same period was $196 million, an increase of 8% over the previous year.
Aerojet Rocketdyne Holdings Inc. is a leading provider of propulsion systems and related technologies to the aerospace and defense industries. The company's expertise in propulsion systems, commitment to innovation, and strong financial performance make them a trusted partner for government and commercial customers seeking to achieve their aerospace and defense objectives. With their extensive experience and investment in R&D, Aerojet Rocketdyne is well-positioned to continue to grow and succeed in the years ahead.