Aerojet Rocketdyne to be Propulsion Provider for the Next Generation Interceptor

MELBOURNE, Fla.--(BUSINESS WIRE)--Aerojet Rocketdyne, an L3Harris Technologies (NYSE: LHX) company, will be the propulsion provider for the Missile Defense Agency's (MDA) Next Generation Interceptor (NGI) as part of the Lockheed Martin team. On April 15, MDA announced it selected Lockheed Martin for NGI, the nation's first line of defense against long-range ballistic missile threats from rogue nations.

NGI is part of MDA's Ground-based Midcourse Defense system and will provide a new, advanced interceptor to protect the homeland.

“Our propulsion technology has powered the nation's missile defense for decades,” said Christopher E. Kubasik, Chair and CEO, L3Harris. “As the industry-leading propulsion provider to all MDA interceptor programs currently in production, our team has the expertise needed to provide this specialty propulsion to defend the homeland from evolving threats.”

According to MDA, once fielded, NGI will be capable of defeating expected threat advances into the 2030s and beyond.

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L3Harris Technologies is the Trusted Disruptor in the defense industry. With customers’ mission-critical needs always in mind, our ~50,000 employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security.

Forward-Looking Statements

This press release contains forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. L3Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

The views expressed are those of L3Harris and do not constitute an endorsement by the Missile Defense Agency (MDA).