“In terms of their vision for Aerojet, it’s not clear what the difference is between the two sides,” said Seth Seifman, an aerospace and defense analyst at J.P. Morgan. But “perhaps there’s some kind of opportunity … to influence shareholders one way or another.”
Aerojet Rocketdyne is a major supplier of propulsion systems in the US. It's reporting high free cash flow & healthy balance sheet. See more on AJRD stock here.
The US Capitol building in Washington, DC. Russia's invasion of Ukraine will spur the US to spend more on defence than previously thought, according to the chairman of the US House Armed Services Committee. Although Representative Adam Smith.
Following a meeting with Romania's Supreme Council of National Defence, President Klaus Iohannis told a press conference on 1 March that it is necessary to increase the country's defence budget from 2% to 2.5% of GDP in light of Russia's att.