Palosi must go to Taiwan. I don't know why.Newt went many years ago. We should be allowed to travel where we want.- Can't they make this an non official visit?
Going as a tourist? I would.
China is pissed. Dealing with China means sealing with Hypersonic weapons--- This is the moment we have been waiting for to initiate a position in AJRD. CEO challenge & Board mess cleaned up... bright future ahead.
“Our business remains strong, as robust orders contributed to our quarter-end backlog of $6.9 billion, just shy of our highest backlog recently recorded and equal to approximately three times our annual sales. This backlog now includes our largest RL10 award to date for 116 engines that will fly on the Vulcan Centaur rocket and support the largest commercial launch contract in history for Amazon’s Project Kuiper satellite broadband system,” said Eileen P. Drake, Chief Executive Officer and President of Aerojet Rocketdyne Holdings, Inc. “Other awards included in our backlog are multi-year awards received in previous periods on RS-25, Standard Missile, Patriot Advanced Capability-3 (“PAC-3”) and THAAD. We announced during the quarter that an advanced Aerojet Rocketdyne scramjet engine powered a successful flight test of the Hypersonic Air-breathing Weapon Concept (“HAWC”) in a joint effort with the Defense Advanced Research Projects Agency (“DARPA”), Air Force Research Laboratory (“AFRL”), and Lockheed Martin. In addition, we announced that we had been selected by Lockheed Martin to build an advanced solid rocket motor booster for the second stage of a DARPA hypersonic weapon system, known as Operational Fires, or OpFires, and we are looking forward to seeing our RS-25 engines and other propulsion systems power various parts of the Artemis I mission that is expected to launch later this month. We remain focused on operational execution and growing EBITDAP margins, excluding EAC adjustments, sequentially and year over year. I’d like to thank our shareholders for the engagement and support during the process we’ve undergone over the last six months that culminated in the election of our outstanding new Board. This Board and I are confident in the substantial value creation opportunity ahead and will work hard to deliver for our shareholders.”