No, Rocketdyne is not currently owned by Boeing. While Boeing did acquire portions of the Rocketdyne business in the past, they subsequently sold it.
A Historical Overview of Rocketdyne's Ownership
The relationship between Boeing and Rocketdyne involves a key period of ownership before a subsequent sale:
- 1996 Acquisition: In 1996, Boeing purchased Rockwell's aerospace and defense unit. This acquisition included a large portion of the Santa Susana property, which housed significant Rocketdyne operations. During this period, Rocketdyne was effectively part of Boeing's portfolio.
- 2005 Sale: Boeing sold Rocketdyne to Pratt & Whitney in 2005. Despite divesting the Rocketdyne business unit, Boeing retained ownership of the prior Rocketdyne property situated at the Santa Susana Field Laboratory.
This timeline clearly indicates that Rocketdyne transitioned out of Boeing's ownership.
Key Ownership Changes Related to Boeing
| Year | Event | Boeing's Relationship with Rocketdyne |
|---|---|---|
| 1996 | Boeing acquired Rockwell's aerospace and defense unit, including Rocketdyne operations. | Boeing becomes the owner of Rocketdyne. |
| 2005 | Boeing sold the Rocketdyne business unit to Pratt & Whitney. | Boeing ceases ownership of Rocketdyne. |
Therefore, while there was a historical period when Rocketdyne was under Boeing's umbrella, this is no longer the case.
