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Aerojet Rocketdyne Holdings, Inc.

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With an experience of supplying some of the world’s most technologically advanced propulsion systems for over 70 years, Aerojet Rocketdyne serves a broad range of customers. Moreover, Aerojet Rocketdyne continues to expand its strong legacy propulsion franchises on the Standard Missile, Patriot Advanced Capability-3 (PAC-3), Terminal High Altitude Area Defense (THAAD) and Guided Multiple Launch Rocket System (GMLRS) missile propulsion systems. Currently, the company is engaged in critical research and development of the propulsion system that will power the Boeing XSP advance reusable launcher. Aerojet Rocketdyne’s shares outperformed its industry in past six months. However, a material rise in long-term interest rates is a key risk for capital intensive stocks like Aerojet Rocketdyne. Of late, the company is facing increased competition from entrepreneurs such as SpaceX and Blue Origin.

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