Rocketdyne
The Rocketdyne Division was founded by North American Aviation (NAA) in 1955, and was later part of Rockwell International (1967-1996) and Boeing (1996-2005). In 2005, the Rocketdyne Division was sold to United Technologies Corporation, becoming Pratt & Whitney Rocketdyne as part of Pratt & Whitney. In 2013, Pratt & Whitney Rocketdyne was sold to GenCorp, which merged it with Aerojet to form Aerojet Rocketdyne.
Rocketdyne
In 1959, the group began using ammonium perchlorate oxidizer combined with carboxyl-terminated polybutadiene (CTPB) binder to produce solid propellants marketed under the trade name "Flexadyne." For the next nineteen years, Rocketdyne used the formulation in the production of solid rocket motors for three major missile systems: the AIM-7 Sparrow III, AGM-45 Shrike, and the AIM-54 Phoenix. Rocketdyne transferred operation of the McGregor plant to Hercules Inc. in 1978. A portion of the former Bluebonnet Ordnance Plant is now used by SpaceX as their Rocket Development and Test Facility.