L3Harris Technologies acquires Aerojet Rocketdyne

L3Harris Technologies has completed its acquisition of Aerojet Rocketdyne, forming a fourth business segment at the company. 

The company signed a definitive agreement to purchase Aerojet Rocketdyne in December 2022, emphasizing its ability to strengthen the defense industrial base, enhance competition and accelerate innovation for a critical merchant supplier of propulsion systems.

The company also announced Ross Niebergall will serve as President of the Aerojet Rocketdyne segment at L3Harris. 

The acquisition diversifies the L3Harris portfolio, adding considerable long-cycle backlog and broad expertise that enables opportunities in missile defense systems, hypersonics and advanced rocket engines, among other areas. 

Aerojet Rocketdyne will be known as Aerojet Rocketdyne, an L3Harris Technologies company. 

About L3Harris Technologies

L3Harris Technologies is the Trusted Disruptor for the global aerospace and defense industry. With customers’ mission-critical needs always in mind, our more than 50,000 employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains.