Northrop Grumman Innovation Systems
In the wake of Northrop-Orbital merger, Aerojet’s solid rocket engine business teetering on the brink
There are now technically two companies that still manufacture large solid rockets for military ICBMs. The industry is poised to become a monopoly, however, as Aerojet’s large solid rocket motor business is on not-so-solid ground.
The U.S. Federal Trade Commission has cleared Northrop Grumman's $7.8 billion purchase of defense and space contractor Orbital ATK.