Aerojet Rocketdyne and Fakel Announce Expansion of Teaming Agreement for Low-Power Hall Thrusters

Aerojet Rocketdyne and Fakel Announce Expansion of Teaming Agreement for
Low-Power Hall Thrusters

SACRAMENTO, Calif., June 18, 2013 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne, a
GenCorp (NYSE:GY) company, and Experimental Design Bureau (EDB) Fakel of
Kaliningrad, Russia, announced today at the Paris Air Show the signing of an
extension to the teaming agreement between the two companies.

The agreement provides Aerojet Rocketdyne with the right to market and sell
Fakel's low-power Hall thrusters (<1.5kW) in the United States market.

"This teaming agreement combines Fakel's flight-proven, low-power Hall
thrusters with Aerojet Rocketdyne's flight proven, high-power Hall systems to
enable Aerojet Rocketdyne-provided Hall solar electric propulsion system
solutions in the United States market," said Roger Myers, Aerojet Rocketdyne
executive director, Systems and Technology Development. "This will enable us
to cover the full power spectrum needs of our customers."

Fakel is the world's leading supplier of low-power Hall thrusters with more
than 408 thrusters flown to date. Aerojet Rocketdyne is the world's leading
supplier of in-space propulsion systems with more than 16,000 flight engines
(chemical and electric) flown to date.

This teaming agreement enables supply of Fakel's industry-leading, low-power
Hall thruster products and explores the addition of thruster orientation
mechanisms into the U.S. market. Fakel also is a supplier of monopropellant
thrusters that produce a thrust range of 0.1 to 10 N. More than 3,100 such
monopropellant thrusters produced by Fakel have been installed on Russian
spacecraft.

Additional information about EDB Fakel can be obtained by visiting the
company's website at http://www.fakel-russia.com.

About Aerojet Rocketdyne

Aerojet Rocketdyne is a world-recognized aerospace and defense leader
providing propulsion and energetics to the space, missile defense, strategic,
tactical missile and armaments sectors for both domestic and international
markets. Find out more about the new Aerojet Rocketdyne at
http://www.Rocket.com.

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

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