Aerojet Rocketdyne is the premier, private sector manufacturer of rocket propulsion systems in the world. They have been building rocket propulsion systems for more than 60 years and have participated in virtually every major U.S. space and missile program since the beginning of the Cold War. What virtually all of the company’s products have in common, even when they are sold to civil or commercial customers, is that they are critical to national security.
This volume of Space Letter International provides an update on Aerojet Rocketdyne’s financial performance through the second quarter of 2020 and an overview of the company’s customers, competition, products, and programs including National Security Space launches.
Volume 2 will be of interest to chief investment officers, hedge funds, private equity firms, bankers, consultants, and companies involved in defense and military space technologies, commercial space-related markets, rocket propulsion systems, government space agencies, and NGOs.
For more details on one of Aerojet Rocketdyne’s major end-use markets, antiballistic missile (ABM) systems, see Space Letter International Volume 3.
Most Americans do not realize our Homeland could be attacked by Chinese and Russian Intercontinental Ballistic Missiles, equipped with nuclear weapons, through a first-strike attack, that could eventually kill 90 percent of the U.S. population. ABM systems using Aerojet Rocketdyne propulsion systems are the only defense the U.S. has against these existential types of attacks.
Products Mentioned:
- Rocket Engines
- Rocket Motors
- Ballistic Missiles
- Ballistic Missile Defense Systems
- Standard Missile
- Aegis Ballistic Missile Defense System
- Terminal High Altitude Area Defense
- PAC-3
- Ground-Based Strategic Deterrent
- Hypersonic Weapons
- National Security Space Launch Program
Table of Contents
1. INTRODUCTION
- Methodology and Sources
- Statistical Notes
2. EXECUTIVE SUMMARY
3. AEROJET ROCKETDYNE HOLDINGS INC.
- Company Overview
- Segments
- Aerospace and Defense
- Stock Snapshot
- Investment Takeaways
- Q2 2020 Financial Overview
- First Half 2020 vs. First Half of 2019
- Backlog
- COVID-19
- Income Statement
- Balance Sheet
- Cash Flows
- Capitalization
- Stock Performance
- Stock Price Outlook
- Customers
- Largest Customers
- Competition
- Products
- Programs
- Largest Programs
- Rocket Engines
- National Security Space Launches
List of Tables
1.) Aerojet Rocketdyne Stock Snapshot: August, 2020
2.) Aerojet Rocketdyne Financial Overview ($ Million, EPS in $):
Three and Six Months Ended June 30, 2020 and 2019
3.) Aerojet Rocketdyne Income Statement ($ Million, EPS in $):
First Quarter 2020 vs. 1 Quarter 2019
4.) Aerojet Rocketdyne Backlog ($ Billion): 2019-2020
5.) Aerojet Rocketdyne Income Statement ($ Million): 2018-2021
6.) Aerojet Rocketdyne Balance Sheet ($ Million): 2019-2020
7.) Aerojet Rocketdyne Cash Flows ($ Million): 2019-2020
8.) Aerojet Rocketdyne Capitalization ($ Million): August, 2020
9.) Aerojet Rocketdyne Capitalization ($ Million): 2015-2020
10.) Aerojet Rocketdyne Stock Performance: 2019-2020
11.) Aerojet Rocketdyne Earnings Per Share ($): 2018-2022
12.) Aerojet Rocketdyne Revenues by Government Organization (%): 2019
13.) Aerojet Rocketdyne Sales by Largest Customers (%): 2017-2019
14.) Primary Participants in the Rocket Propulsion Market: 2020
15.) Aerojet Rocketdyne Revenue by Program ($ Million) and Growth Rate (%): 2017-2021
16.) Aerojet Rocketdyne Revenue by Largest Programs ($ Million) and Growth Rate (%): 2017-2021
17.) Aerojet Rocketdyne Engines in Production: 2020
List of Figures
1.) Aerojet Rocketdyne Stock Chart: 2015-2020
2.) Vulcan Centaur and Aerojet Rocketdyne RL10 Engines Schematic
Companies Mentioned
- Aerojet Rocketdyne
- Airbus Defence and Space
- Avio
- Blue Origin LLC
- Electron Technologies, Inc.
- General Dynamics OTS
- Lockheed Martin
- Moog Inc
- Nammo Talley
- Northrop Grumman Innovation Systems
- Raytheon
- Safran
- United Launch Alliance
