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Aerojet Hosts NASA and Lockheed Martin Orion Program Leadership to Discuss Next-Generation Spacecraft Progress

Aerojet Hosts NASA and Lockheed Martin Orion Program Leadership to Discuss
Next-Generation Spacecraft Progress

SACRAMENTO, Calif., March 1, 2013 (GLOBE NEWSWIRE) -- Aerojet, a GenCorp
(NYSE:GY) company, announced today that it hosted NASA and Lockheed Martin
(LMCO) program leadership at its Redmond facility on Feb. 27 to recognize
Aerojet contributions to the Orion program and to discuss progress on
America's next-generation spacecraft.

More than 100 employees gathered in Redmond to hear NASA Orion Crew and
Service Module Manager, Charlie Lundquist, and LMCO's Orion Deputy Program
Manager, Larry Price, provide a program overview and recognize Aerojet for its
eight-year commitment and support of the Orion program.

Aerojet Redmond led the design, analysis and fabrication efforts for the Crew
Module Reaction Control System (CM RCS) pod assemblies. The pod assemblies
utilize Aerojet monopropellant engines to provide primary and redundant
control during Orion's high-speed re-entry into the Earth's atmosphere. The
first set of pod assemblies arrived at Kennedy Space Center earlier this month
and six more shipments are scheduled over the next six weeks.

"It's history in the making to help deliver the next deep-space ride for
astronauts," said Aerojet Vice President of Space & Launch Systems, Julie Van
Kleeck. "We've been a part of the Orion team since the program's inception and
we're working toward several more program milestones later this year. We're
looking forward to sharing our progress and cheering on Orion's first
exploration flight test in 2014."

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 http://www.Aerojet.com and
http://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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