Aerojet Rocketdyne has officially opened its Center of Excellence for Undersea Propulsion to support the U.S. Navy’s next generation torpedoes. The first of its kind in the nation for industry, the facility will be used to produce the innovative undersea propulsion known as Stored Chemical Energy Propulsion System (SCEPS) and the entire torpedo afterbody.
Keybanc Maintains Overweight on First Solar, Raises Price Target to $227
Keybanc analyst Sophie Karp maintains First Solar (NASDAQ:FSLR) with a Overweight and raises the price target from $201 to $227.