Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions 
Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow 
U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties 
FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip 
Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy 
FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement 
Novo Nordisk Stock Surges After FDA Approves Wegovy Pill for Weight Loss 
John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training 
Seatrium Reaches $475 Million Settlement With Maersk Over Offshore Wind Vessel Project 
Roche CEO Warns US Drug Price Deals Could Raise Costs of New Medicines in Switzerland 
AstraZeneca’s LATIFY Phase III Trial of Ceralasertib Misses Primary Endpoint in Lung Cancer Study 
JPMorgan’s Top Large-Cap Pharma Stocks to Watch in 2026 
Saks Global Weighs Chapter 11 Bankruptcy Amid Debt Pressures and Luxury Retail Slowdown 
7-Eleven CEO Joe DePinto to Retire After Two Decades at the Helm 
Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays 
Boeing Seeks FAA Emissions Waiver to Continue 777F Freighter Sales Amid Strong Cargo Demand 
ByteDance Plans Massive AI Investment in 2026 to Close Gap With U.S. Tech Giants 
SACRAMENTO, Calif., March 31, 2016 -- Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), recently delivered the 300th booster motor and Divert and Attitude Control System (DACS) for the Missile Defense Agency’s Terminal High Altitude Area Defense (THAAD) system.
THAAD is a highly effective, land-based element of the Ballistic Missile Defense System that provides the critical capability needed to protect America’s military, allied forces, critical infrastructure and citizens from short- and medium-range ballistic missile attacks.
“Aerojet Rocketdyne has worked with our prime customer Lockheed Martin to establish the capacity to produce the rate necessary to meet the growing demand for the THAAD missile,” said Eileen Drake, CEO and president for Aerojet Rocketdyne. “Our joint focus has been on improving producibility to meet affordability goals. The men and women of Aerojet Rocketdyne have shown extraordinary commitment and ingenuity in producing the 300 units. It is a great milestone.”
THAAD consists of five major components: launchers, interceptors, radar, THAAD fire control and communication units, and THAAD-specific support equipment. Through prime contractor Lockheed Martin, Aerojet Rocketdyne supplies both the booster motor technology that powers the THAAD interceptor as well as the DACS – a high-precision, quick-reaction propulsion system that positions the interceptor to successfully defeat an incoming ballistic missile.
Since the start of production for the THAAD weapon, there have been 16 flight tests with 100 percent success. Two of the intercept tests occurred in 2015.
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.
Contact: Glenn Mahone, Aerojet Rocketdyne, 202-302-9941 [email protected] Lynn Machon, Aerojet Rocketdyne, 916-355-3587 [email protected]
