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John Schumacher Joins GenCorp to Lead Business Relations

John Schumacher Joins GenCorp to Lead Business Relations

SACRAMENTO, Calif., April 29, 2013 (GLOBE NEWSWIRE) -- GenCorp Inc. (NYSE:GY),
headquartered in Sacramento, California announced today that John Schumacher
will join the GenCorp team as vice president for Business Relations. He will
be responsible for developing aerospace and defense focused government
relations and implementing business growth plans globally for GenCorp. "John
is a proven innovator in the global aerospace marketplace," said GenCorp CEO
Scott Seymour. "He is an important addition to GenCorp as we move forward and
expand our world-class offerings to government and private sector customers."

In this role, Schumacher will also support Aerojet-General Corporation, a
GenCorp subsidiary, working closely with Aerojet President Warren Boley and
Aerojet's Washington Operations. "John is a great addition to the team," said
Boley. "He brings tremendous industry experience that will directly contribute
to our customers' and Aerojet's success."

Schumacher comes to GenCorp from EADS North America where he was responsible
for providing Astrium's global space capabilities to the North American
market. He led the creation of Astrium Americas, a subsidiary of EADS North
America, and served as its first president, providing U.S. government and
private sector customers with a unique, commercial approach to Astrium's
advanced telecommunications, geo-information, space transportation and
satellite capabilities – from complete space systems to state-of-the-art
satellite services.

Prior to joining EADS North America, Mr. Schumacher was the vice president of
Washington Operations for Aerojet. He was responsible for leading and
expanding Aerojet's activities with the Department of Defense, NASA and other
U.S. government, private sector and military customers.

Schumacher has spent nearly 25 years in government service. He was chief of
staff at NASA during a fundamental redirection of America's space program and
the agency's return to human spaceflight in 2003. He previously served as
NASA's associate administrator for External Relations, where he led the
agency's efforts to expand cooperative programs in science, technology and
human spaceflight with industry and government partners across the globe.

Mr. Schumacher graduated with distinction from the U.S. Naval Academy and
served as a Surface Warfare officer in both active and reserve assignments,
commanding four Naval Reserve units. He received a Juris Doctor degree from
Columbia University and a Master's degree from Georgetown University. His
awards include the Senior Executive Service Presidential Rank (Distinguished
and Meritorious), NASA's highest award, the Distinguished Service Medal and
the Department of Defense Legion of Merit.

About GenCorp

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 is a world-recognized aerospace and defense leader
providing propulsion and energetics to its space, missile defense, strategic,
tactical missile and armaments customers throughout domestic and international
markets. Additional information about GenCorp and Aerojet can be obtained by
visiting the companies' websites at http://www.GenCorp.com and at
http://www.Aerojet.com.

CONTACT: Investors: Kathy Redd,
         chief financial officer
         916.355.2361
        
         Media: Glenn Mahone,
         vice president, communications
         202.302.9941

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