InvestorsHub Logo
Followers 24
Posts 1624
Boards Moderated 0
Alias Born 09/24/2006

Re: None

Monday, 05/16/2016 9:22:49 PM

Monday, May 16, 2016 9:22:49 PM

Post# of 81999
May help some understand the long timeframes with evaluations as that certification for the 3D printed rockets that Aerojet will use PrintRite3D for: Delvery is not until 2019. Should Blue Origin decide to order PrintRite3D then it would speak volumes to me. Good Luck

Blue Origin — owned by Amazon.com founder Jeff Bezos — and Aerojet Rocketdyne are both developing engines that could compete to replace the RD-180 on United Launch Alliance’s Atlas V rocket. ULA, a joint venture between Lockheed Martin and Boeing, has been the sole provider of space launch services for the Air Force’s EELV program.

In March, Aerojet Rocketdyne was awarded a $115 million contract for development of its AR1 engine. Options for additional work could increase the total U.S. government investment to as much as $536 million.

The company is on track for certification and delivery in 2019, said Eileen Drake, president and CEO of Aerojet Rocketdyne. The AR1 will be less expensive than the RD-180, she told National Defense.

“Our ability to use past proven technologies along with additive manufacturing and a lot of the low-cost solutions that we’ve come up with has enabled us to … [offer] the lowest risk and the lowest cost to the taxpayer,” she said.



http://www.nationaldefensemagazine.org/archive/2016/May/Pages/BattleOverSpaceLaunchHeatingUp.aspx
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SASI News