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Aerojet Receives Large Prime Contractor of the Year Award From NASA's Glenn Research Center



Aerojet Receives Large Prime Contractor of the Year Award From NASA's Glenn
Research Center

SACRAMENTO, Calif., Oct. 24, 2012 (GLOBE NEWSWIRE) -- Aerojet, a GenCorp
(NYSE:GY) company, announced today that it has received the Large Prime
Contractor of the Year award from NASA's Glenn Research Center (Glenn) in
Cleveland, Ohio.

Aerojet was selected for its commitment to small business advancement during a
five-year effort to create liquid methane propulsion engines for Glenn. As
part of this work, Aerojet was creative in meeting NASA's small business
requirements by fostering partnerships and tailoring engine development work
scope. The company employed interns through a program that helps fulfill NASA
and Department of Defense (DoD) small business Historically Black Colleges and
Universities requirements.

In addition, Aerojet received a special achievement award for completion of a
year-long testing campaign at Glenn's Altitude Combustion Stand (ACS). The ACS
facility is designed to test engines in a reduced atmosphere environment that
simulates the vacuum environment of space. The special achievement award was
for the successful completion of pulsed operations and ignition margin test
series for the 100lbf oxygen/methane reaction control engine (RCE) thruster in
Glenn's ACS.

Glenn conducted a variety of tests over a year period to determine the
ignition margin, overall engine performance levels, including vacuum specific
impulse, or the amount of thrust produced by a given amount of propellant
flowing through the engine. Testing also examined how well the engine could
operate in a pulse mode such as those for changing directions in space or
docking with another vehicle. During this test series, the engine met or
exceeded all performance requirements.

The special achievement award marks the completion of testing of the 100lbf
oxygen/methane at the ACS facility. "The entire Aerojet team is very proud of
our pioneering oxygen/methane RCE development and NASA's testing that provided
verification of our results," says Aerojet Program Manager, Eric Veith.

Aerojet is a world-recognized aerospace and defense leader providing
propulsion and energetics to the space, missile defense, strategic, tactical
missile and armaments areas in support of domestic and international markets.
GenCorp is a leading technology-based manufacturer of aerospace and defense
products and systems with a real estate segment that includes activities
related to the entitlement, sale, and leasing of the company's excess real
estate assets. Additional information about Aerojet and GenCorp can be
obtained by visiting the companies' websites at www.Aerojet.com and at
www.GenCorp.com.

The Aerojet logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=12048

CONTACT: Glenn Mahone, Aerojet, 202.302.9941
         Glenn.Mahone@Aerojet.com
         Kristin Conner, Aerojet, 916.355.2143
         Kristin.Conner@Aerojet.com

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