WSJ: Aerojet Rocketdyne Wants to Buy ULA
Rocket engine maker Aerojet Rocketdyne (AJR) wants to buy United Launch Alliance (ULA) for approximately $2 billion according to the Wall Street Journal (WSJ). No deal has been made yet, but the companies are in “advanced talks” according to the newspaper.
Neither company has made any official announcement so far. ULA is a 50-50 joint venture between Lockheed Martin and Boeing that builds and launches the Atlas V and Delta IV rockets primarily for national security satellites. Aerojet merged with its main domestic rival, Pratt & Whitney Rocketdyne, in 2012. AJR provides the RS-68 engines that power the Common Booster Core for ULA’s Delta IV rocket, the solid rocket motors for Atlas V, and the RL10 engines for the upper stages used for those rockets.
Sourced through Scoop.it from: www.spacepolicyonline.com