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Aerojet Rocketdyne Coleman Aerospace wins $140M boost to existing defense contract

Malak Saleh
Aerojet Rocketdyne Coleman Aerospace wins $140M boost to existing defense contract

Aerojet Rocketdyne Coleman Aerospace Inc., an Orlando-based subsidiary of El Segundo, California-based Aerojet Rocketdyne Holdings Inc. (NYSE: AJRD), won a $140 million-plus modification to an existing deal with the U.S. Missile Defense Agency, according to the U.S. Department of Defense. Aerojet Rocketdyne Coleman Aerospace is a defense industry systems engineering developer that provides a variety of suborbital launch vehicles, payloads, and launch services and specializes in missile formation. As part of the modified deal, Aerojet Rocketdyne Coleman Aerospace will provide six additional medium-range ballistic missile targets.