Scroll down to read this post.


Please consider supporting my work here at Behind The Black by giving either a one-time contribution or a regular subscription, in any one of the following ways:


1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.


2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.

3. A Paypal Donation:

4. A Paypal subscription:

5. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652

Lockheed Martin buys Aerojet Rocketdyne for $4.4 billion

Capitalism in space: Lockheed Martin officials announced yesterday that it will buy the rocket engine company Aerojet Rocketdyne for $4.4 billion.

James Taiclet, Lockheed Martin’s president and CEO, said the acquisition gives the company a larger footprint in space and hypersonic technology. He said Aerojet Rocketdyne’s propulsion systems already are key components of Lockheed Martin’s supply chain across several business areas. “The proposed acquisition adds substantial expertise in propulsion to Lockheed Martin’s portfolio,” the company said in a news release.

Aerejet Rocketdyne has been in trouble because it has had problems finding customers for its engines. This acquisition will give Lockheed Martin more technical capabilities should it decide to enter the launch industry with its own rocket.

Conscious Choice cover

Now available in hardback and paperback as well as ebook!


From the press release: In this ground-breaking new history of early America, historian Robert Zimmerman not only exposes the lie behind The New York Times 1619 Project that falsely claims slavery is central to the history of the United States, he also provides profound lessons about the nature of human societies, lessons important for Americans today as well as for all future settlers on Mars and elsewhere in space.

Conscious Choice: The origins of slavery in America and why it matters today and for our future in outer space, is a riveting page-turning story that documents how slavery slowly became pervasive in the southern British colonies of North America, colonies founded by a people and culture that not only did not allow slavery but in every way were hostile to the practice.  
Conscious Choice does more however. In telling the tragic history of the Virginia colony and the rise of slavery there, Zimmerman lays out the proper path for creating healthy societies in places like the Moon and Mars.


“Zimmerman’s ground-breaking history provides every future generation the basic framework for establishing new societies on other worlds. We would be wise to heed what he says.” —Robert Zubrin, founder of founder of the Mars Society.


All editions available at Amazon, Barnes & Noble, and all book vendors. The ebook can be purchased direct from my ebook publisher, ebookit, in which case you don't support the big tech companies and I get a bigger cut much sooner. Note that the price for the ebook, $3.99, goes up to $5.99 on September 1, 2022.


Autographed printed copies are also available at discount directly from me (hardback $24.95; paperback $14.95). Just email me at zimmerman @ nasw dot org.


  • LocalFluff

    The lowest price for a Falcon 9 launch is said to be about $44 million. They obviously add some for adaptations or extra services, but probably not more than 10s of percent.

    The price paid for Aerojet Rocketdyne is then the gross revenues of 100 Falcon 9 launches. And the profit of that some fraction, so they were valued like several hundreds of F9 launches. Wouldn’t it have been better to offer SpaceX those $4.4 bn in return for 100 future launches with their rockets?

    Corporate valuations seem to be driven by FED hyper inflating asset prices, and government contracts (or opportunities thereof). Neither will put a man on the Moon again.

  • wayne

    absolutely– we are in a massive financial-asset bubble courtesy of the Federal Reserve. If you look at their balance-sheet (what they want to show us) it’s filled with worthless-paper.

    –>pivoting to the birth of Aerojet…..

    The American Rocketeer
    -cued to the relevant part-

  • Todd Brown

    Exactly, millions of people and businesses destroyed or unemployed yet, here we have this year…Year of Covid and lockdowns the stock market flying high.
    Unbelievable !!
    Our Republic is in Great danger…it’s all built now on false promises and politicians selling us All out both Blue and Red.
    Be strong my friends.
    Thank you Robert for your updates on space, astronomy to allow us some escapism yet, also being practical about the harsh reality We All face.
    Happy Hanukkah and Merry Christmas to All.

  • Dick Eagleson

    The consolidation of legacy contractors continues.

    This combination at least makes a certain amount of sense. Both Aerojet and Roscketdyne were either first created as, and/or spent the majority of their lives as, subsidiaries of larger corporations. Both have also been shopped around and/or spun off at various times. Merging into a single stand-alone entity doesn’t, in the end, seem to have worked any better than had each attempting to stay alive on its own. Now the combined entity is part of a larger company once again. That seems to suit the long-running corporate cultures of both Aerojet and Rocketdyne better than did precarious independence.

    From LockMart’s perspective, it already had a half-interest in ULA, AJR’s only remaining significant customer. With this purchase, LockMart now benefits from more of the total supply chain of ULA.

    One wonders, in fact, if this move might be a prelude to acquiring the remaining 50% of ULA from Boeing. That would give LockMart the makings of a far more vertically integrated rocket subsidiary than was its previous rocket works that was combined with Boeing’s to create ULA almost a decade and a half ago. Given Boeing’s recent hailstorm of woes and need for cash, Boeing might just be receptive to such an offer.

    Success for a LockMart-ULA-AJR combo would hardly be guaranteed, of course, but it would have a better chance of staying alive than does ULA in its current form or than AJR had as a fading stand-alone. There is the little problem of having to compete with both SpaceX and Blue Origin. We can only wait to see how that works out.

    Minor complications include AJR’s recent deal with Firefly to use the heretofore customer-less AR-1 engine in its planned 2nd-generation Beta vehicle a few years hence. There’s no obvious reason why this deal could not proceed, but nothing is certain in the world of mergers and acquisitions.

    2021 may prove to be at least as interesting a year in terms of rocket business as in terms of rocket engineering.

  • LocalFluff

    Actually, the FED might go to the Moon after all. Piling up all the money they print to a Babel’s stare case. They were lunatics from inception anyway.

    SpinLaunch, the obvious fraud, is said to have raised $80,000,000! To shake a projectile into orbit, well, with the help of a secondary stage rocket on the way. If anything had been able to remain cohesive after the violent collision with the thick atmosphere at the muzzle of the “gun”. Total design brain failure. At least it makes SLS look good in comparison! Maybe they financed it as a PR project?
    “- Yes, we are bad and fail. But look, SpinLaunch is worse!”

  • wayne

    Aerojet Rocketdyne
    Scott Manley
    December 22, 2020

Readers: the rules for commenting!


No registration is required. I welcome all opinions, even those that strongly criticize my commentary.


However, name-calling and obscenities will not be tolerated. First time offenders who are new to the site will be warned. Second time offenders or first time offenders who have been here awhile will be suspended for a week. After that, I will ban you. Period.


Note also that first time commenters as well as any comment with more than one link will be placed in moderation for my approval. Be patient, I will get to it.

Leave a Reply

Your email address will not be published.