gencorp aerojet rocketdyne

Kathleen E. Redd, Vice President, Finance of Aerojet, to serve as our Vice President, Chief Financial Officer and The new CEO was placed in as permanent and J. Scott Neish elected to resign from Aerojet. ... Aerojet Rocketdyne Holdings, Inc. Accounting (including auditing), Claims processing, Plan Administrator, Recordkeeping and information management (computing, tabulating, data processing, etc. "In December 2009, the Company issued $200.0 million in aggregate principal amount of 4.0625% convertible subordinated debentures ("4 1/16% Debentures") in a private placement to qualified institutional buyers under the Securities Act of 1933. Aerojet Rocketdyne Holdings Inc. 222 N. Pacific Coast Hwy, Suite 500 El Segundo, CA 90245. Competitive Compensation Plan We have a high-performing culture which rewards innovation, goals accomplishments, and more. 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An ignition motor, a knocked-down Polaris missile B3 first stage known as “Blowtorch,” was used to jump-start the motor. Aerojet Rocketdyne Holdings, Inc. Accounting (including auditing), Claims processing, Plan Administrator, Recordkeeping and information management (computing, tabulating, data processing, etc. What started out in 1915 as General Tire & Rubber Company in Akron, Ohio, has evolved over a century into one of the nation’s strongest aerospace and defense leaders. President Kennedy's challenge to place a man on the Moon by the end of the 1960s led to increased civilian work at Aerojet. Kármán soon relinquished the presidency: "Haley became Aerojet’s second president on August 26, 1942. Home > 401K Directory > Aerojet Rocketdyne Gencorp Consolidated Pension Plan > Form 5500. A plan was devised where the rocket motors would be transported by barge to Cape Canaveral. Between Sept. 25, 1965 and June 17, 1967, three static test firings were done. Through grants, matching funds and volunteerism, Aerojet Rocketdyne Holdings supports the communities in which we do business and our employees live and work. General became a partner in the company. Click here for the latest AJRD stock detail. Aerojet Rocketdyne, Inc. Headquarters. Established in 1915, it was formerly known as the General Tire and Rubber Company, becoming GenCorp in 1984, and adopting its current name in April 2015. "[2]:259 Aerojet was an American rocket and missile propulsion manufacturer based primarily in Rancho Cordova, California, with divisions in Redmond, Washington, Orange and Gainesville in Virginia, and Camden, Arkansas.Aerojet was owned by GenCorp.In 2013, Aerojet was merged by GenCorp with the former Pratt & Whitney Rocketdyne to form Aerojet Rocketdyne. Aerojet Rocketdyne Holdings, Inc. Accounting (including auditing), Claims processing, Plan Administrator, Recordkeeping and information management (computing, tabulating, data processing, etc. SL-1 was fired at night, and the flame was clearly visible from Miami 50 km away, producing over 3 million pounds of thrust. Issuance of the 4 1/16% Debentures generated net proceeds of approximately $195.0 million, a portion of which were used to repurchase $124.7 million of the 4% Notes in January 2010. [8] Boeing pulled out of the project in January of 2020. HAN engines developed under contract to the US Air Force and Missile Defense Agency provided proof of concept.[8][9][10][11]. ©2020 Aerojet Rocketdyne Holdings. [9] After unsuccessfully trying to farm it, the corporation sold it to Florida for $12 million. In 1984, the General Tire & Rubber name was changed to GenCorp and it was established as a parent holding company. The engine is based on the RS-25 and utilizing parts remaining in Aerojet Rocketdyne and NASA inventories from earlier versions of the RS-25. For a solid-fuel rocket, they needed binders, and turned to General Rubber for assistance. NASA chose Aerojet to provide the primary design and development of Orion spacecraft propulsion systems for the Constellation program. [citation needed] This limit was increased to 0.0009 mg/kg/day in 1998, and prior to the results from NAS studies, the limit was reduced to 0.00004 mg/kg/day in 2002. appointed James H. Perry and Thomas A. Corcoran as new Directors on May 16, 2008, and September 25, 2008, As such, it is currently accepting contracts with a clause regarding slavery and human trafficking, specifically Federal Acquisition Regulation clause FAR 52.222-50, Combating Trafficking in Persons. Aerojet Rocketdyne Holdings, Inc., formerly GenCorp, Inc., is an American technology-based manufacturer based in El Segundo, California. Aerojet is currently owned by GenCorp, which is headquartered in Rancho Cordova, California. Established in 1915, it was formerly known as the General Tire and Rubber Company, becoming GenCorp in 1984, and adopting its current name in April 2015. In 1986, after NASA had awarded the Space Shuttle booster contract to Morton Thiokol of Utah, Aerojet sued the State of Florida, exercised its options and pulled out of South Florida for good. In 1985, it was declared a Superfund Site by the EPA as San Gabriel Superfund Site II[19] and the cleanup done under the Baldwin Park Operable Unit. The large amount of propellant needed for such a rocket was manufactured at the Everglades plant. To this day they are the primary supplier of these weapons. Headquartered in Sacramento, California,[1] the company is owned by Aerojet Rocketdyne Holdings. General Tire was one of his clients and that company showed an interest in Aerojet and began negotiations. GenCorp formed OMNOVA Solutions, Inc. into a separate, publicly traded company, and transferred those businesses into it. GenCorp since 2008 has had significant changes in its Board of Directors and Corporate Officers, per the 2008 Annual Report: "On March 5, 2008, Terry L. Hall resigned as a Director and as our Chief Executive Officer and President and Aerojet was an American rocket and missile propulsion manufacturer based primarily in Rancho Cordova, California, with divisions in Redmond, Washington, Orange and Gainesville in Virginia, and Camden, Arkansas. In 2010, GenCorp formed Easton Development Co., LLC to concentrate on the sustainable development of approximately 6,000 acres of excess undeveloped GenCorp land, identified as prime real estate and located 15 miles east of Sacramento, California. Aerojet's disposal of toxic material occurred 20 years prior to the establishment of a provisional perchlorate RfD limit of 0.0001 mg/kg/day in 1992 (to have been achieved by all companies by 1995). In 2008, the Government Pension Fund of Norway withdrew its investments in GenCorp due to production of nuclear weapons. Due to the studio and rocket businesses, General Tire & Rubber came to own a great deal of property in California. [16] Those 5,100 acres surrounding the factory site are now controlled by the South Florida Water Management District and the Florida Fish and Wildlife Conservation Commission as a nature preserve. Studio From Hughes for 25 Million Cash", "Home - Aerojet Rocketdyne Holdings, Inc", Los Angeles Times; "Rocketdyne sold to GenCorp", "GenCorp to buy rocket manufacturer Rocketdyne", "Pratt & Whitney Rocketdyne Cuts 100 Jobs - SpaceRef Business", "U.S. clears GenCorp, Rocketdyne deal after Defense Department request", https://en.wikipedia.org/w/index.php?title=Aerojet_Rocketdyne_Holdings&oldid=969071909, Manufacturing companies based in California, Companies based in Sacramento County, California, Manufacturing companies established in 2015, Companies listed on the New York Stock Exchange, Creative Commons Attribution-ShareAlike License, This page was last edited on 23 July 2020, at 06:48. [citation needed] The Nevada property was sold by Aerojet in 1996 to be used for the unbuilt planned community Coyote Springs, Nevada. By 1969, NASA had decided to go with liquid-fueled engines for the Saturn V rockets, causing the workers of the Everglades plant to be laid off and the abandonment of the facility. If you were awarded a 2020 Aerojet Rocketdyne Foundation Scholarship at your high school, follow this LINK to submit the required information to receive your scholarship. Under state and federal enforcement orders, Aerojet installed several systems on the borders of its property to pump out and treat contaminated groundwater. In 2003, groundwater sampling data revealed a plume of contamination extending northwest under Carmichael. Joining von Kármán, who was at the time director of Guggenheim Aeronautical Laboratory at the California Institute of Technology, were a number of Caltech professors and students, including rocket scientist and astrophysicist Fritz Zwicky and explosives expert Jack Parsons, all of whom were interested in the topic of spaceflight. By 1950, their research into the rubber binder had led to much larger engines and then to the development of the Aerobee sounding rocket. Radio broadcasting began with the purchase of several radio networks starting in 1943. [4][5] Aerojet is under contract to Lockheed Martin to provide the first two shipsets of the new thruster system for the next generation Advanced Extremely High Frequency (AEHF) system, a US Air Force program. [2][3] On April 27, 2015, the name of the holding company, GenCorp, was changed from GenCorp, Inc. to Aerojet Rocketdyne Holdings, Inc.[4], The AR-22 is an engine in development since 2017 for the XS-1 spacecraft, also known as the Phantom Express. As Aerojet downsized, many of their industrial plants were idled, and the company looked for ways to capitalize them. [17] As of 2015, there has been no change to this status. Contributions to the national space program have been equally significant. This canal became the southernmost freshwater canal in Southeast Florida and was dubbed the "Aerojet Canal". The 1980s saw a brief revival of the aerospace business during President Reagan's Strategic Defense Initiative program, but the company shrank during the late 1980s and into the 1990s. Aerojet Rocketdyne Holdings, Inc. Plan Rating. Corporate Headquarters. We are 100-years strong, and we are proud to continue our focus on sustaining ideas that power freedom. "[14], In March 2010, GenCorp amended a $280 million revolving line of credit. Box 13222 Sacramento, CA 95813-6000 Switchboard: 916-355-4000 916-351-8667 (FAX) email [10][11][12], GenCorp withdrew its over-funded pension during the real estate boom years of 2006 and 2007. Parsons and Forman also sold their shares, so that, by October, General Tire had control of the majority of Aerojet.[2]:316,7. Takeoff distance was shortened by half, and the USAAF placed an order for experimental production versions. One of Azusa's major projects was the development of the infra-red detectors for the Defense Support Program satellites, used to detect ICBM launches from space. The chambers were designed in short-length, meaning half the size of what the final product would be, hence the names given to the test rockets, SL-1, SL-2 and SL-3.

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