In December 2022, L3Harris Technologies agreed to buy the company for $4.7 billion in cash. The acquisition was completed in July 2023. L3Harris named former CTO Ross Niebergall as president of the new Aerojet Rocketdyne business segment, which would now be headquartered in Palm Bay, Florida.

Aerojet Rocketdyne, an L3Harris Technologies Company A world-class developer and manufacturer of advanced propulsion and energetics systems.

Aerojet is a leader in the development and manufacture of aerospace propulsion systems, precision tactical weapon systems, and armament systems, including warhead and munitions applications.

As of May 2, 2024, the average annual pay for an Aerojet Rocketdyne in the United States is $115,546 a year. Just in case you need a simple salary calculator, that works out to be approximately $55.55 an hour. This is the equivalent of $2,222/week or $9,628/month.