Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Aerojet Rocketdyne Holdings Inc    AJRD

AEROJET ROCKETDYNE HOLDINGS INC (AJRD)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Aerojet Rocketdyne : Successfully Tests Complex 3-D Printed Injector in World's Most Reliable Upper Stage Rocket Engine

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/07/2016 | 05:26pm CET

SACRAMENTO, Calif., March 07, 2016 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), marked another major milestone in its ongoing effort to incorporate additive manufacturing technology into its products by completing a series of successful hot-fire tests of its RL10 upper-stage rocket engine. The RL10 development engine, dubbed XR708, included a core main injector built using additive manufacturing technology, often referred to as 3-D printing. The work was done in conjunction with the U.S. Air Force and NASA's Glenn Research Center as part of the RL10 Additive Manufacturing Study (RAMS) program, which aims to demonstrate the capability of additively manufactured complex parts and qualify them for use in large rocket engines.

'Updating our products to take advantage of the advancements we've made in additive manufacturing technology is a key part of our strategy to deliver more affordable products to our customers while at the same time maintain the reliability they've come to expect,' said Aerojet Rocketdyne CEO and President Eileen Drake. 'This successful series of tests validates the rigorous approach we've been taking and confirms we are on the right path. Incorporating this technology will enable us to reduce significantly production lead times and make our products more cost competitive.'

The core main injector was fabricated using an additive manufacturing technology known as selective laser melting (SLM). SLM is essentially a micro-welding technique that uses a high-powered laser beam to fuse powdered metal to form detailed components that can perform under the extreme pressures and operating conditions of rocket engines.

'While we have had success developing additive manufacturing technology for a broad range of products-from discrete engine components to hot-fire testing engines and propulsion systems made entirely with additive manufacturing-this is among the most complex components we have tested in a large rocket engine to date,' added Dr. Jay Littles, director of Advanced Launch Programs at Aerojet Rocketdyne. 'However, we've just scratched the surface of what this technology will do to revolutionize our industry. Our design engineers are just starting to take advantage of the expanded possibilities enabled by this new manufacturing technology. They are now free to design products that were once thought impossible to build due to the constraints of traditional manufacturing.'

Aerojet Rocketdyne is an innovative company delivering solutions that create value for its customers in the aerospace and defense markets. The company is a world-recognized aerospace and defense leader that provides propulsion and energetics to the space, missile defense and strategic systems, tactical systems and armaments areas, in support of domestic and international markets. Additional information about Aerojet Rocketdyne can be obtained by visiting our websites at www.Rocket.com and www.AerojetRocketdyne.com.

Glenn Mahone, Aerojet Rocketdyne, 202-302-9941

Glenn.Mahone@Rocket.com

Source: Aerojet Rocketdyne, Inc.

News Provided by Acquire Media

Aerojet Rocketdyne Holdings Inc. issued this content on 07 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 March 2016 16:25:09 UTC

Original Document: http://ir.aerojetrocketdyne.com/releasedetail.cfm?ReleaseID=959136

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AEROJET ROCKETDYNE HOLDING
12/11Aerojet Rocketdyne Awarded DARPA Contract to Design Advanced OpFires Propulsi..
GL
12/07AEROJET ROCKETDYNE HOLDINGS, INC. : Change in Directors or Principal Officers, F..
AQ
12/06Aerojet Rocketdyne Gears Up for Next ULA Delta IV Heavy Mission
GL
12/05AEROJET ROCKETDYNE : And its philanthropic foundation increase support for calif..
AQ
12/04AEROJET ROCKETDYNE : CEO Appointed to AIA Executive Committee
AQ
12/03Aerojet Rocketdyne CEO Appointed to AIA Executive Committee
GL
11/30Aerojet Rocketdyne and Its Philanthropic Foundation Increase Support for Cali..
GL
11/27AEROJET ROCKETDYNE : Propulsion Delivers Mars InSight to Planets Surface
AQ
11/27AEROJET ROCKETDYNE : Propulsion Delivers Mars InSight to Planet's Surface
AQ
11/26Aerojet Rocketdyne Propulsion Delivers Mars InSight to Planet's Surface
GL
More news
Financials ($)
Sales 2018 1 970 M
EBIT 2018 275 M
Net income 2018 128 M
Finance 2018 31,3 M
Yield 2018 -
P/E ratio 2018 19,19
P/E ratio 2019 23,97
EV / Sales 2018 1,38x
EV / Sales 2019 1,27x
Capitalization 2 750 M
Chart AEROJET ROCKETDYNE HOLDINGS INC
Duration : Period :
Aerojet Rocketdyne Holdings Inc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AEROJET ROCKETDYNE HOLDING
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 4
Average target price 38,3 $
Spread / Average Target 9,1%
EPS Revisions
Managers
NameTitle
Eileen P. Drake President, Chief Executive Officer & Director
Warren G. Lichtenstein Executive Chairman
Mark A. Tucker Chief Operating Officer
Paul R. Lundstrom Chief Financial Officer & Vice President
James R. Henderson Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AEROJET ROCKETDYNE HOLDINGS INC12.56%2 750
UNITED TECHNOLOGIES CORPORATION-6.87%102 570
LOCKHEED MARTIN CORPORATION-10.39%81 829
GENERAL DYNAMICS-16.95%50 040
RAYTHEON-9.58%48 335
NORTHROP GRUMMAN CORPORATION-14.40%45 612