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L3Harris completed the acquisition of Aerojet Rocketdyne for $4.7bn.

Synopsis

L3Harris, an agile global aerospace and defense technology innovator, completed the acquisition of Aerojet Rocketdyne, an American manufacturer of rocket, hypersonic, and electric propulsive systems for space, defense, civil and commercial applications, for $4.7bn. “I’m thrilled to welcome more than 5k employees to the L3Harris team today. With national security at the forefront, we’re combining our resources and expertise with Aerojet Rocketdyne’s propulsion and energetics capabilities to ensure that the Department of Defense and civil space customers can address critical mission needs globally,” Christopher E. Kubasik, L3Harris Chair and CEO.

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