Aerojet Rocketdyne on Monday announced to expand its presence in Huntsville – a move expected to create up to 800 jobs.
The company is expanding with a new state-of-the-art manufacturing facility for the company’s AR1 rocket engine and the relocation of engineering, program management and other jobs.
“We are two years into the first phase of our competitive improvement program (CIP) affordability drive and the consolidation progress, and overhead cost reductions achieved to date have exceeded our expectations,” Aerojet Rocketdyne CEO and President Eileen Drake said in a release. “We intend to build on this success by expanding our CIP-related consolidation efforts so we can deliver the value our customers demand and position our company for further growth.”
