CSIMarket
 
Aerojet Rocketdyne Holdings Inc   (AJRD)
Other Ticker:  
 
    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods
 
Price: $57.9900 $0.81 1.417%
Day's High: $58.01 Week Perf: 3.46 %
Day's Low: $ 57.98 30 Day Perf: 5.36 %
Volume (M): 4,127 52 Wk High: $ 58.01
Volume (M$): $ 239,342 52 Wk Avg: $55.62
Open: $57.98 52 Wk Low: $53.75



 Market Capitalization (Millions $) 4,680
 Shares Outstanding (Millions) 81
 Employees 4,965
 Revenues (TTM) (Millions $) 2,293
 Net Income (TTM) (Millions $) 74
 Cash Flow (TTM) (Millions $) -338
 Capital Exp. (TTM) (Millions $) 40

Aerojet Rocketdyne Holdings Inc

We are an innovative technology-based manufacturer of aerospace and defense products and systems, with a real estate segment that includes activities related to the entitlement, sale, and leasing of our excess real estate assets. Our operations are organized into two segments:

Aerospace and Defense — includes the operations of our wholly-owned subsidiary Aerojet Rocketdyne, Inc. (“Aerojet Rocketdyne”), a leading technology-based designer, developer and manufacturer of aerospace and defense products and systems for the U.S. government, including the Department of Defense (“DoD”), the National Aeronautics and Space Administration (“NASA”), major aerospace and defense prime contractors as well as portions of the commercial sector.
Real Estate — includes the activities of our wholly-owned subsidiary Easton Development Company, LLC (“Easton”) related to the re-zoning, entitlement, sale, and leasing of our excess real estate assets. We are currently in the process of seeking zoning changes and other governmental approvals on our excess real estate assets to optimize its value.

Our primary aerospace and defense customers include the DoD and its agencies, NASA, and the prime contractors that supply products to these customers. We rely on U.S. government spending on propulsion systems for defense, space and armament systems, precision tactical weapon systems and munitions applications, and our backlog depends, in large part, on continued funding by the U.S. government for the programs in which we are involved. These funding levels are not generally correlated with any specific economic cycle, but rather follow the cycle of general public policy and political support for this type of funding. Moreover, although our contracts often contemplate that our services will be performed over a period of several years, the U.S. Congress must appropriate funds for a given program and the U.S. President must sign government budget legislation each government fiscal year (“GFY”) and may significantly increase, decrease or eliminate, funding for a program. A decrease in DoD and/or NASA expenditures, the elimination or curtailment of a material program in which we are or hope to be involved, or changes in payment patterns of our customers as a result of changes in U.S. government outlays, could have a material adverse effect on our operating results, financial condition, and/or cash flows.
Even with overall budget levels set for GFY 2017, Congress was not able to pass a full year appropriation for either the DoD or NASA prior to the start of GFY 2017 on October 1, 2016. As a result, Congress passed a short-term Continuing Resolution (“CR”) to fund the U.S. government until December 9, 2016. After the November U.S. presidential election, at the request of the Trump Administration, Congress passed another CR through April 28, 2017 to allow the new Administration to shape federal spending. Although details of the plans to address perceived shortfalls in DoD readiness and modernization remain unsettled, the Trump Administration has signaled strong support for nuclear modernization and missile defense.


The SLS appears to remain a top Congressional priority as the CR included a provision to allow NASA the funding flexibility for SLS and deep exploration to remain on track. The SLS program also has enjoyed wide, bipartisan support in both chambers of Congress. We maintain a strong relationship with NASA and our propulsion systems have been powering NASA launch vehicles and spacecraft since the inception of the U.S. space program. Our booster, upper stage and Orion vehicle propulsion systems are currently baselined on the new SLS vehicle and both upper stage and booster engines are in development for future SLS variants. Due to the retirement of the space shuttle fleet, U.S. astronauts have been dependent on Russian Soyuz flights for access to and from the ISS for the better part of this decade. NASA has been working to re-establish U.S. manned space capability as soon as possible through development of a new “space taxi” to ferry astronauts and cargo to the ISS. In 2014, Boeing’s CST-100 Starliner capsule, powered by Aerojet Rocketdyne propulsion, was selected by NASA to transport astronauts to and from the ISS. As Boeing’s teammate, Aerojet Rocketdyne will be providing the propulsion system for this new capsule, thereby supplementing its work for NASA on the SLS designed for manned deep space exploration. In both instances, we have significant propulsion content and we look forward to supporting these generational programs for NASA.
Major Customers



   Company Address: 222 N. Pacific Coast Highway El Segundo 90245 CA
   Company Phone Number: 252-8100   Stock Exchange / Ticker: NYSE AJRD
   


Customers Net Income fell by AJRD's Customers Net Profit Margin fell to

-2.54 %

11.17 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
NOC        0.77% 
FEIM   -6.04%    
GD        1.07% 
MOGA        1.07% 
MRCY   -7.05%    
• View Complete Report
   



National Presto Industries Inc

National Presto Industries Inc Struggles in Fourth Quarter Earnings Report

National Presto Industries Inc (NPK) has recently reported its fiscal fourth quarter of 2023 earnings, and it seems that the company is facing some significant challenges. The company reached break-even of $0.00 per share, which is a sharp decline from the $0.99 per share in the previous quarter. Revenue also saw a massive decrease of -13.707% to $98.42 million from the same quarter a year ago. While the bottom-line did increase by 505.57% to $13.159 million, this was not enough to offset the overall decline in revenue.
One concerning aspect of NPK's financials is the increase in inventories and supplies to $167.0 million. This suggests that the company may be struggling to sell its products, leading to a build-up of unsold inventory. Additionally, the value of accounts receivable is still below the previous year level, indicating that the company may be facing difficulties in collecting payment from customers.

Lilium N V

Analyzing Lilium N.V.'s Fiscal Performance and Strategic Partnerships in Q4 2023

/>Lilium N.V., a pioneering aerospace and defense company, recently released its financial results for the fiscal period ending December 31, 2023. The company reported zero earnings per share, marking a significant improvement from its loss of $0.90 per share in the previous year. Additionally, Lilium reported no revenue, remaining unchanged from the same reporting period a year ago. However, the company announced a groundbreaking partnership with Atlantic Aviation, aiming to revolutionize regional air mobility in the United States. Let's delve deeper into these developments and contextualize them within Lilium's recent stock performance.
Financial Results:
For the fiscal period ending December 31, 2023, Lilium N.V. achieved zero earnings per share, a considerable improvement from the $0.90 loss per share reported in the previous year. Moreover, the company sustained no revenue, mirroring the same reporting period a year ago. It is worth noting that Lilium also reported a net deficit of $0.000 million instead of the $-253.064 million deficit reported in the corresponding period in 2022. This decrease in deficit reflects positive efforts made by Lilium to manage its financial performance.

Vertical Aerospace Ltd

Headline: Vertical Aerospace Secures $50 Million Investment to Revolutionize Aviation Industry



Vertical Aerospace, a leading global aerospace and technology company, has recently disclosed its financial results for the October to December 31, 2023 fiscal period. Despite reporting a net loss of $-245.224 million and limited revenue of $0.132 million, there are signs of optimism for the company as its CEO, Stephen Fitzpatrick, makes a significant investment commitment of up to $50 million. This bullish move indicates Vertical Aerospace's determination to revolutionize the aviation industry and push forward with its zero emission aviation goals.
CEO's Investment Agreement:
Vertical Aerospace's founder, majority shareholder, and Chief Executive Officer, Stephen Fitzpatrick, has demonstrated unwavering faith in the company's potential. He has committed to funding Vertical Aerospace up to $50 million through an equity investment. This investment agreement, solidifying his commitment to sustainable air travel solutions, marks a significant milestone for the company. With this funding injection, Vertical Aerospace can expedite the development of groundbreaking technologies and fuel its growth trajectory.

Nextnav Inc

Nextnav Inc. Surprises Investors with Impressive 50.062% Revenue Jump in Latest Financial Report

The stock market is always full of surprises, and the recent earnings season for Nextnav Inc has been no exception. With a reported deficit per share of $-0.14, compared to $0.00 from the previous year, and an improvement in earnings per share from $-0.21 to $-0.14, investors are keeping a close eye on the company's financial performance.
One interesting fact to note is the strong revenue growth of 50.062% to $1.21 million, up from $0.80 million in the same reporting season a year prior. This shows that despite the deficit, Nextnav Inc is still managing to increase its top line.

Leonardo Drs Inc

Leonardo DRS Inc Soars to New Heights with Impressive Revenue Growth in Q4 2023

Leonardo DRS Inc, a prominent defense technology company, has reported a significant improvement in revenue and income in the financial quarter ending December 31, 2023. The company announced a double-digit increase in revenue, which rose to $926.00 million, marking a year-on-year increase of 12.927% and a quarter-on-quarter surge of 31.721%. Additionally, income saw a substantial rise of 22.45% to $0.19 per share, with a sequential improvement of 3.96%.
These positive financial results have positioned Leonardo DRS Inc ahead of its peers in the Aerospace and Defense industry, with a top-line growth rate surpassing the average of other entities in the sector. The company's earnings for the fiscal year ending December 31, 2023, also saw a notable increase of 13.85% to $74.000 million compared to the previous year.






 

Aerojet Rocketdyne Holdings Inc's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com