Description
Aerojet Rocketdyne is an American manufacturer of rocket, hypersonic, and electric propulsive systems for space, defense, civil and commercial applications. Headquartered in Sacramento, California, the company is owned by Aerojet Rocketdyne Holdings.
Aerojet Rocketdyne was formed in 2013 when Aerojet (then owned by GenCorp) and Pratt & Whitney Rocketdyne were merged, following the latter's acquisition by GenCorp from Pratt & Whitney. On April 27, 2015, the name of the holding company, GenCorp, was changed from GenCorp, Inc. to Aerojet Rocketdyne Holdings, Inc.
Lockheed Martin announced plans to take over Aerojet Rocketdyne on December 20, 2020 as part of a $4.4 billion acquisition; however this was abandoned by Lockheed on February 13, 2022 after opposition from Raytheon led the FTC to move to block the acquisition.