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Air Force

Teledyne Brown Engineering Finalizes Strategic Alliance With Aerojet General

By Cal Biesecker

Tuesday, June 21st, 2011

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Teledyne Brown Engineering Inc. [TDY] yesterday said it finalized its strategic alliance agreement with Aerojet-General Corp. [GY] to cooperate in the development and production of propulsion systems for launch and in-space applications. The agreement, signed before the opening of the Paris Air Show, establishes a formal plan for Teledyne Brown and Aerojet that has been anticipated since a formal announcement was made on June 2. The alliance is a departure from the historical single-source method of rocket design and…

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