L3Harris Technologies, a technology and defense contractor, has been informed that the U.S. Federal Trade Commission (FTC) will not block its $4.7 billion deal to acquire Aerojet Rocketdyne, an aerospace and defense contractor that has a facility in Camden, Reuters…
Aerojet Rocketdyne
- BusinessIndustriesMagazine
Rocket Fuel: Booming Business for Defense Contractors Refocusing Attention on Camden
by Mark Carterby Mark CarterLockheed Martin’s Camden Operations facility encompasses almost 2 million square feet of manufacturing and support-function floor space on more than 2,000 acres of land. (Photos provided) Defense contractors typically don’t work to attract media attention, but the spotlight found…
- IndustriesMagazineTransportation
Skies of Opportunity: Talking Arkansas Aviation with Former State Rep. Joe Jett
by Mark Carterby Mark CarterJoe Jett is director of business strategies and corporate development for Rose Group Advisors in Little Rock, but the former five-term state representative spends most of his time at the family farm in Success or in the skies above it.…
- BusinessEconomicsIndustriesMagazineTravel
The Importance of Arkansas’ Aerospace-and-Defense Sector
by Rudy Ortizby Rudy OrtizWhile Arkansas is blessed with several key industry sectors, such as corporate and shared services; distribution and logistics; firearms and ammunition; food and beverage; metals; technology; timber and forest products; and transportation equipment, it is aerospace and defense with the…
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Lockheed Martin Acquires Aerojet Rocketdyne in $5 Billion All-Cash Deal
by Tyler Haleby Tyler HaleAerojet Rocketdyne Holdings Inc. is being acquired by Lockheed Martin in a $5 billion deal. Lockheed Martin is purchasing Aerojet Rockdyne in an all-cash transaction, paying $56 per share of Aerojet Rocketdyne stock. This represents a 33 percent premium of…
- AMP NewsBusinessManufacturing
Aerojet Rocketdyne Opens New Rocket Motor Manufacturing Facility
by Tyler Haleby Tyler HaleAerojet Rocketdyne has opened its large solid rocket motor manufacturing facility in Camden. The new facility was first announced in August 2018, and the company broke ground on the 17,000 facility in April 2019. Aerojet Rocketdyne, which operates on 1,200…
by Katie Laning Niebaum The advanced energy economy is an increasingly important economic engine in Arkansas. Innovations in technology, finance and supply chain are driving down costs and encouraging the deployment of advanced energy solutions. The state continues to experience…
- AMP NewsPolitics
Governor’s Address: A Big Month for Economic Development in Arkansas
by AMP Staffby AMP StaffNow that I’ve been in office for more than four years, you may have noticed that one of my favorite topics is “economic development.” As we close out April of this year, I’d like to note that this has been…
Aerojet Rocketdyne continues to expand its 1,200-acre operating location in South Arkansas with an 17,000 square foot facility. On Thursday April 25, Aerojet Rocketdyne’s leadership team and state and local officials broke ground on the new facility in Camden, which…
- AMP NewsBusinessStartup AR
Aerojet Rocketdyne expands Solid Rocket Motor Center
by AMP Staffby AMP StaffAerojet Rocketdyne, a leader in the development and manufacture of aerospace and defense products, announced today plans to expand its Southern Arkansas facility near Camden, where the company manufactures solid rocket motors and warheads critical to national defense. Aerojet Rocketdyne’s…