Firm Purchases Aerospace Company for Over $5 Billion

NASA relies on many different companies to help build its space exploration missions, but one company with ties to Western Washington often plays a key role.

Aerospace firm Aerojet Rocketdyne has a research and development office in Redmond. People working there have often played a key role in some of NASA’s biggest missions. Over the weekend, it was announced that the company is being sold to another firm named L3Harris for nearly $5 billion.

Aerojet Rocketdyne is based in California and will sell for $4.7 billion. The sale comes after years of involvement by company employees in Redmond with NASA missions.

Read the source article at news.yahoo.com