Saks Global to End Saks on Amazon Partnership Amid Bankruptcy Restructuring 
Microsoft AI Spending Surge Sparks Investor Jitters Despite Solid Azure Growth 
American Airlines Plans Return to Venezuela Flights After U.S. Lifts Ban 
Federal Judge Signals Possible Dismissal of xAI Lawsuit Against OpenAI 
Toyota Retains Global Auto Sales Crown in 2025 With Record 11.3 Million Vehicles Sold 
Trump Threatens Aircraft Tariffs as U.S.-Canada Jet Certification Dispute Escalates 
Climate Adaptation at Home: How Irrigreen Makes Conservation Effortless 
Panama Supreme Court Voids CK Hutchison Port Concessions, Raising Geopolitical and Trade Concerns 
Sandisk Stock Soars After Blowout Earnings and AI-Driven Outlook 
Elon Musk’s SpaceX Explores Merger Options With Tesla or xAI, Reports Say 
Samsung Electronics Posts Record Q4 2025 Profit as AI Chip Demand Soars 
Apple Forecasts Strong Revenue Growth as iPhone Demand Surges in China and India 
Meta Stock Surges After Q4 2025 Earnings Beat and Strong Q1 2026 Revenue Outlook Despite Higher Capex 
Nvidia’s $100 Billion OpenAI Investment Faces Internal Doubts, Report Says 
Boeing Secures New Labor Contract With Former Spirit AeroSystems Employees 
Panama Supreme Court Voids Hong Kong Firm’s Panama Canal Port Contracts Over Constitutional Violations 
Bob Iger Plans Early Exit as Disney Board Prepares CEO Succession Vote 
LOS ANGELES, May 24, 2017 -- Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), was selected to provide the main propulsion for the Boeing and the U.S. Defense Advanced Research Projects Agency (DARPA) reusable Experimental Spaceplane (XS-1). Aerojet Rocketdyne is a member of the Boeing team that recently announced an agreement to collaborate with DARPA to design, build and test a technology demonstrator for the agency’s XS-1 program.
The reusable experimental spaceplane is designed to deliver small satellites into orbit with high launch responsiveness. The main propulsion is based on the legacy space shuttle main engines (SSME).
“As one of the world’s most reliable rocket engines, the SSME is a smart choice to power the XS-1 launch vehicle,” said Aerojet Rocketdyne CEO and President Eileen Drake. “This engine has a demonstrated track record of solid performance and proven reusability.”
For the XS-1 program, Aerojet Rocketdyne is providing two engines with legacy shuttle flight experience to demonstrate reusability, a wide operating range and rapid turnarounds. These engines will be designated as AR-22 engines and will be assembled from parts that remained in both Aerojet Rocketdyne and NASA inventories from early versions of the SSME engines. Assembly and ground testing will take place at NASA’s Stennis Space Center in Mississippi.
“As threats to our nation’s space systems increase, it is imperative that we have the ability to rapidly deploy replacement assets,” added Drake. “This demonstration program is vitally important to maintaining assured access to space, which remains a top priority for our nation.”
Aerojet Rocketdyne is an innovative company delivering solutions that create value for its customers in the aerospace and defense markets. The company is a world-recognized aerospace and defense leader that provides propulsion and energetics to the space, missile defense and strategic systems, tactical systems and armaments areas, in support of domestic and international markets. Additional information about Aerojet Rocketdyne can be obtained by visiting our websites at www.Rocket.com and www.AerojetRocketdyne.com.
Contact: Glenn Mahone, Aerojet Rocketdyne, 202-302-9941 [email protected] Mary Engola, Aerojet Rocketdyne, 571-289-1371 [email protected]
