Business

July 9, 2012

Aerojet planning European space propulsion subsidiary

Aerojet, a GenCorp company, announced July 9 that it has entered the final planning of the formation of a European subsidiary to serve the needs of the European space industry.

The new company, European Space Propulsion, will use indigenous manufacturing and engineering talent to produce proven in-space thrusters and propulsion systems.

European Space Propulsion is planned to be based in Northern Ireland and work will be done in partnership with Thales Air Defense Limited in Belfast. Thales will provide world-class manufacturing, assembly and test capability. European Space Propulsion personnel plan to work with local government and academia to enable state-of-the-art research and development activities in advanced space propulsion. Engineering support services will be provided by Aerojet’s Redmond, Wash. operations.

The announcement marks the signing of a Memorandum of Understanding between Aerojet and Thales UK, enabling detailed planning to be completed for production, research and development and test facilities. With the continued support of authorities in Northern Ireland and the United Kindgom, as well as license approvals from the U.S. Department of State, construction activities are expected to begin in early fall. Initial operational capability is planned by year end.

“By forming a European subsidiary, we can best serve the needs of a growing worldwide space industry with state-of-the-art propulsion solutions,” said Aerojet Vice President of Business Development, Rick Yezzi. “We look forward to becoming a full participant in the European space community.”

Victor Chavez, CEO of Thales UK, added, “We are extremely pleased to provide our high precision, lean aerospace manufacturing capabilities for this exciting new venture. By working together, Aerojet and Thales UK plan to bring a leading space company to Northern Ireland.”




All of this week's top headlines to your email every Friday.


 
 

 

Headlines January 23, 2015

News: Yemen chaos threatens U.S. counterterror efforts, including drone programĀ - The White House’s strategy for fighting al-Qaeda in Yemen – repeatedly presented as a model by President Obama – was left in tatters Thursday by the resignation of the man who personally approved U.S. drone strikes in the country and the collapse of its central...
 
 

News Briefs January 23, 2015

NATO detects key Russian military equipment in east Ukraine NATO’s top commander in Europe says the alliance has detected the presence of key Russian military equipment in eastern Ukraine that, in the past, has accompanied large inflows of Russian troops. Gen. Philip Breedlove told a news conference Jan. 22 in Brussels that Russian electronic warfare...
 
 
Boeing photograph

Boeing Maritime Surveillance Aircraft ready for demonstration flights

Boeing photograph The Boeing Maritime Surveillance Aircraft program is ready for customer demonstration flights, having completed the baseline ground and flight testing of the aircraft mission systems. The Boeing Maritime Surve...
 

 
Air Force photograph by Jacqueline Cowan

F135 test demonstrates success of AEDC workshare initiative

Air Force photograph by Jacqueline Cowan Aerospace Testing Alliance Test Engineer Darren Carroll, pictured in front, assists as Pratt & Whitney Test Engineer Ronnie Thomas does a borescope inspection of the fan on the F135 ...
 
 
U.S. Air Force photo by Master Sgt. Kevin J. Gruenwald

40 years of Red Flag at Nellis

U.S. Air Force photo by Master Sgt. Kevin J. Gruenwald A flight of F-15 Eagles and F-16 Fighting Falcons Aggressors fly in formation over the Nevada Test and Training Ranges June 5, 2008. The proposal for Red Flag came in early...
 
 
Lockheed Martin photograph

Navy gears up to order production of 29 aircraft diagnostic systems

Lockheed Martin photograph Petty Officers Third Class Ira Schwartz assigned to Fleet Readiness Center Southeast at Naval Air Station Jacksonville, Fla., left, and Devin Riley from Fleet Readiness Center Mid-Atlantic at Naval Ai...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>