• TheStreet.com19 days ago

    Target of the Week: Orbital and Its Loss of Altitude

    Coming off a day when the company's shares dropped 20% after announcing accounting irregularities, don't be surprised to see an activist asking questions of management

  • American City Business Journals11 months ago

    Rocket explosion settlement wipes out Aerojet's earnings so far this year — and then some

    A company filing on Tuesday shows it lost $23.6 million through the first nine months of its fiscal year, including $50 million spent on a settlement in September over the Antares accident in a spectacular launch failure and explosion last October. The quarterly earnings statement also had some good news for Aerojet: Last year at the same point it had lost $63.1 million. In the third quarter alone, Aerojet Rocketdyne recorded a loss of $38.1 million, compared to a loss of $9.9 million last year.

  • Los Angeles Times11 months ago

    Engine firm to pay Orbital $50 million after NASA launch pad explosion

    Nearly a year after Orbital Sciences' rocket carrying supplies to the International Space Station exploded at liftoff, an aerospace company that had refurbished the ship's aging Soviet-era engines has ...