
Aerojet Rocketdyne Holdings, Inc. to Acquire Coleman Aerospace; Expanding into Target Missile Vehicle Business
Coleman, founded in 1980, is an innovative systems engineering and integration provider. Both a prime contractor and subcontractor, Coleman provides a variety of suborbital launch vehicles, payloads, and launch services. Coleman develops and integrates air- and ground-launched ballistic missile targets and mission planning for the
The acquisition builds upon and expands Aerojet Rocketdyne's capabilities in mission analysis and systems engineering, and increases its product portfolio to include vehicle integration for small-, medium- and intermediate-range ballistic missile targets and other small launch vehicles. The Coleman business is expected to generate approximately
"The addition of Coleman's vehicle
integration expertise supports our growth strategy for offering an expanded range of products and services to the defense and space markets," said
Coleman will operate at its existing location in
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Contact information: Investors:Source:Paul Lundstrom , Chief Financial Officer, 310-252-8142 Investor Relations:Pete Knudsen , Director, Investor Relations, 916-355-2252 Media:Glenn Mahone , Vice President, Communications, 202-302-9941
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