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Business/Financial

Anduril Investing $75 Million To Boost Solid Rocket Motor Production

By Cal Biesecker

Monday, June 10th, 2024

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Anduril Investing $75 Million To Boost Solid Rocket Motor Production

Photo: Anduril Industries

Anduril Industries on Monday said it is investing more than $75 million in its Mississippi-based solid rocket motor (SRM) facility to dramatically expand production to meet increasing demand for the engines that power tactical missiles. The investment will allow Anduril to increase propellant mixing and rocket motor production from 600 to more than 6,000 “tactical-scale” motors annually. L3Harris Technologies' [LHX] Aerojet Rocketdyne, one of two legacy domestic SRM producers along with Northrop Grumman [NOC], produced about 115,000 rocket motors in…

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