GenCorp Foundation Annual Donations Used to Inspire a New Generation of Scientists

GenCorp Foundation Annual Donations Used to Inspire a New Generation of
Scientists

SACRAMENTO, Calif., Dec. 20, 2012 (GLOBE NEWSWIRE) -- The GenCorp Foundation,
serving as the philanthropic arm of Aerojet, announced today that it
distributed $604,345 in grants, scholarships and matching gifts in 12
communities across the United States this year.

GenCorp Foundation logo

"We focus on STEM education with the goal of encouraging young people to look
at future careers in engineering and technology," said Chris Conley, president
of the GenCorp Foundation. "Our nation's future is dependent upon growing a
technology-based workforce. Aerojet and other aerospace companies still need
'rocket scientists' as well as chemists, engineers and information technology
professionals."

The GenCorp Foundation supports communities where the company has a business
presence, including Huntsville, Ala.; Camden, Ark.; Sacramento, Vernon and
Woodland Hills, Calif.; Socorro, N.M.; Jonesborough, Tenn.; Clearfield, Utah;
Gainesville and Orange, Va.; Redmond, Wash.; and Washington, D.C.

In 2012, 88 percent of GenCorp's funding was directed to education, including
grants to Aviation High School and the Museum of Flight in Seattle; Northern
Virginia Community College and Virginia Tech; Southern Arkansas University and
the Arkansas School for Mathematics, Science and the Arts; The Discovery
Museum and KVIE Public Television in Sacramento.

The GenCorp Foundation is the philanthropic arm of GenCorp, the parent company
of Sacramento-based Aerojet. The GenCorp Foundation focuses its giving on
education, especially in the area of science, technology, engineering and
mathematics. Since 2000, the foundation has contributed more than $9 million
throughout those communities. Visit the GenCorp Foundation's Decade in Review
Report.

The GenCorp Foundation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=16394

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. Aerojet, a GenCorp company, 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. Aerojet has been a major employer in
Sacramento since the 1950s.

The GenCorp logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=12049

CONTACT: Juanita Garcia
         executive director
         GenCorp Foundation 916.355.3600

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