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Aerojet Rocketdyne Holdings Inc (AJRD.N)

AJRD.N on New York Stock Exchange

31.27USD
19 Jan 2018
Change (% chg)

$0.15 (+0.48%)
Prev Close
$31.12
Open
$31.05
Day's High
$31.60
Day's Low
$30.81
Volume
176,776
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207,739
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$36.25
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$17.71

Latest Key Developments (Source: Significant Developments)

Aerojet Rocketdyne Holdings reports third quarter results
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Aerojet Rocketdyne Holdings Inc :Aerojet Rocketdyne Holdings, Inc. reports third quarter 2017 results.Q3 earnings per share $0.17.Q3 sales $484.1 million versus I/B/E/S view $488.4 million.Q3 earnings per share view $0.19 -- Thomson Reuters I/B/E/S.Aerojet Rocketdyne Holdings Inc - ‍total funded backlog as of September 30, 2017 was $2.1 billion compared with $2.3 billion as of December 31, 2016​.Aerojet Rocketdyne Holdings Inc - ‍total contract backlog as of September 30, 2017 was $4.3 billion compared with $4.5 billion as of December 31, 2016​.  Full Article

DARPA awards contract to Aerojet Rocketdyne
Monday, 9 Oct 2017 

Oct 9 (Reuters) - Aerojet Rocketdyne Holdings Inc ::DARPA awards Aerojet Rocketdyne contract to develop Hypersonic Advanced Full Range Engine.‍Entered into agreement with DARPA to develop, ground test innovative propulsion system under agency's Advanced Full Range Engine Program​.  Full Article

Aerojet Rocketdyne Holdings qtrly earnings per share $0.09
Tuesday, 9 Aug 2016 

Aerojet Rocketdyne Holdings Inc : Aerojet rocketdyne holdings inc says net sales for q2 of fiscal 2016 totaled $408.4 million compared to $457.8 million for q2 of fiscal 2015 . Aerojet rocketdyne holdings inc says as of june 30, 2016, company had $2.3 billion of funded backlog compared to $2.4 billion as of november 30, 2015 . Aerojet rocketdyne holdings, inc. Reports second quarter 2016 results .Aerojet rocketdyne holdings inc qtrly earnings per share $0.09.  Full Article

Aerojet Rocketdyne realigns space and defense organizations
Monday, 27 Jun 2016 

Aerojet Rocketdyne Holdings Inc : Establishes defense headquarters in Huntsville, Alabama . Says Consolidating Company's Six Business Units Into Two - Space And Defense . Company's competitive improvement program on target to save estimated $145 million annually, beginning in fiscal year 2019 . Appointed Warren Lichtenstein as executive chairman of company . Today's consolidation will result in annual cost savings of another approximately $8 million . Senior vice presidents of space and defense will be named at a later date .In interim, space organization will report to Drake, and defense organization will report to coo Mark Tucker.  Full Article

Aerojet Rocketdyne Holdings enters into fourth amended credit agreement
Monday, 20 Jun 2016 

Aerojet Rocketdyne Holdings Inc: Aerojet Rocketdyne Holdings Inc says entered into a fourth amended and restated credit agreement . Aerojet Rocketdyne Holdings Inc says term loan facility will amortize at a rate of 5.0 pct of original principal amount per annum for first two years . Amendment extends credit facility maturity date to June 17, 2021 . Credit facility replaces existing revolving credit facility with revolving credit facility in amount of up to $350.0 million - SEC filing .Will use borrowings under facility to refinance existing indebtedness, redeem 7.125 pct second-priority senior secured notes due 2021.  Full Article

Aerojet Rocketdyne Holdings refinances debt
Monday, 20 Jun 2016 

Aerojet Rocketdyne Holdings Inc : Aerojet rocketdyne holdings, inc. Refinances debt, providing greater financial flexibility . Says company expects annualized reduction of interest expense to be approximately $20 million .Says bank of america merrill lynch and SunTrust Robinson humphrey, inc. Acted as joint lead arrangers.  Full Article

Raytheon, Aerojet Rocketdyne sign sourcing agreement
Tuesday, 7 Jun 2016 

Raytheon Co , Aerojet Rocketdyne : Raytheon, Aerojet Rocketdyne sign new strategic sourcing agreement . Aerojet Rocketdyne will act as principal and long-term supplier of its legacy portfolio of propulsion systems and energetics products for key weapons programs .Raytheon says as part of agreement, two companies will jointly pursue affordability initiatives through 2019.  Full Article

Aerojet Rocketdyne reports Q1 earnings per share $0.08
Tuesday, 10 May 2016 

Aerojet Rocketdyne Holdings Inc : As of March 31, 2016, company had $2.3 billion of funded backlog compared to $2.4 billion as of november 30, 2015 . During Q2 of fiscal 2015, company initiated a competitive improvement program . Under CIP, company expects an estimated 500 headcount reduction in its total employee population. . Estimates that it will incur restructuring and related costs over four-year cip of approximately $110 million . Aerojet Rocketdyne Holdings, Inc. Reports first quarter 2016 results . Q1 earnings per share $0.08 . Q1 sales $356.9 million versus I/B/E/S view $339.4 million .Q1 earnings per share view $0.03 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-‍Aerojet Rocketdyne Rs-25 Test Advances Exploration Efforts​

* ‍AEROJET ROCKETDYNE RS-25 TEST ADVANCES EXPLORATION EFFORTS​ Source text for Eikon: Further company coverage: