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Opportunities For Aerojet Rocketdyne Booming As Operating Performance Improves, Kubasik Says

Cal Biesecker By
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Opportunities For Aerojet Rocketdyne Booming As Operating Performance Improves, Kubasik Says
Aerojet Rocketdyne delivers a broad range of capabilities to support hypersonics, including solid rocket motor boosters, scramjets, warheads and missile defense technologies. (Credit: Aerojet Rocketdyne Artist Concept)

In the six months since L3Harris Technologies [LHX] acquired Aerojet Rocketdyne, business opportunities for the rocket maker are exploding and it is making progress on improving operating performance to meet contracted requirements, Chris Kubasik, chairman and CEO of L3Harris, said last Friday. L3Harris already has achieved the targeted $50 million in cost savings synergies it expected to gain after acquiring Aerojet Rocketdyne and expects to drive an additional $20 million to $30 million in savings, Kubasik said. “The team is…

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