Aerojet Rocketdyne establishes defense headquarters in Huntsville, Mayor Battle releases statement
HUNTSVILLE, Ala. – Aerojet Rocketdyne announced a company reorganization today. The company, based out of Sacramento, California, is consolidating the company’s six business units down to two: Space and Defense. The Defense Business Unit will be headquartered in Huntsville.
“Today’s reorganization is another crucial step in our strategic journey to enhance the efficiency of Aerojet Rocketdyne and improve the company’s competitive posture,” said Aerojet Rocketdyne’s CEO and President Eileen Drake. “This move within our aerospace and defense reporting segment better aligns our business units with our operating capabilities and customers, increases accountability at the management level, and further streamlines our business operations by reducing spans and layers in the organization, while achieving significant cost savings for our customers and the country.”
The newly-formed Space Business Unit will continue to be supported by different Aerojet Rocketdyne sites throughout the country, based upon program needs and core competencies.
Mayor Tommy Battle released the following statement on the announcement:
“Aerojet Rocketdyne has been a strong business partner in Huntsville for the past eight years, and today’s announcement celebrates the company’s expansion as a result of our dynamic aerospace and defense community. We look forward to continued growth as a result of this news, and we are proud of Huntsville’s global position as the place to be for innovation and strategy in rockets and defense.”
Senator Richard Shelby posted his response on Twitter: