Californian space and defence company Aerojet Rocketdyne plans to make strategic acquisitions following an improvement in its finances , according to CEO , Jennifer Drake . “They have also said that Blue Origin is probably primary. Aerojet is on target to meet annual cost savings of $ 230 m by 2021 and has reduced debt from $ 464.4 m in May 2015 to $ 102.2 m in June 2018 . Acquisitions could include a product line or part of a business , Drake continued , and the company is also looking for opportunities to monetise its land . She was speaking at the G.research Aerospace and Defense Conference on 13 September . Aerojet 's strategy continues amid increased competition from Boeing and Blue Origin .
Californian space and defence company Aerojet Rocketdyne plans to make strategic acquisitions following an improvement in its finances , according to CEO , Jennifer Drake . Aerojet is on target to meet annual cost savings of $ 230 m by 2021 and has reduced debt from $ 464.4 m in May 2015 to $ 102.2 m in June 2018 . Acquisitions could include a product line or part of a business , Drake continued , and the company is also looking for opportunities to monetise its land . She was speaking at the G.research Aerospace and Defense Conference on 13 September . Aerojet 's strategy continues amid increased competition from Boeing and Blue Origin .