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.
Credit Suisse Maintains Outperform on Solo Brands, Lowers Price Target to $11
Credit Suisse analyst Kaumil Gajrawala maintains Solo Brands (NYSE:DTC) with a Outperform and lowers the price target from $14 to $11.