☰ Menu

Aerojet Awarded Propulsion Contract for Submarine-Launched Missile

Oct 16,2007
<< Back

Aerojet Awarded Propulsion Contract for Submarine-Launched Missile

Aerojet Awarded Propulsion Contract for Submarine-Launched MissileSACRAMENTO, Calif., Oct. 16 /PRNewswire-FirstCall/ -- Aerojet, a GenCorp Inc. (NYSE: GY) company, announced today a contract award from U.S. Navy Strategic Systems Programs to provide an affordable boost motor demonstrator for the Submarine Launched Intermediate Range Ballistic Missile (SLIRBM) concept. The contract is valued at $4.96 million.

During the 12-month program, Aerojet will design, develop and test a boost motor demonstrator which will provide advanced, low-cost propulsion for the SLIRBM mission.

"Aerojet is looking forward to contributing to the SLIRBM concept and for the opportunity to meet the Navy's affordability goals while delivering exceptional propulsion performance," said Dick Bregard, Aerojet Vice President, Defense Programs. "This contract award continues our 40-plus year heritage supporting the U.S. Navy Strategic Systems Programs office."

Aerojet is a world-recognized aerospace and defense leader principally serving the missile and space propulsion, and armaments markets. GenCorp is a leading technology-based manufacturer of aerospace and defense products and systems with a real estate business segment that includes activities related to the entitlement, sale and leasing of the Company's real estate assets. Additional information about Aerojet and GenCorp can be obtained by visiting the Companies' web sites at http://www.Aerojet.com and http://www.GenCorp.com

Forward-Looking Statements

This press release contains forward-looking statements based on current management expectations. Numerous factors, including those related to market conditions and those detailed from time to time in GenCorp's filings with the Securities and Exchange Commission, may cause results to differ materially from those anticipated in the forward-looking statements. Many of the factors that will determine GenCorp's future results are beyond the ability of GenCorp to control or predict. These statements are subject to risks and uncertainties and, therefore, actual results may differ materially. Readers should not place undue reliance on forward-looking statements, which reflect management's views only as of the date hereof. GenCorp undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Aerojet
10/16/2006
CONTACT: Robert Huff of Aerojet, +1-916-355-2143, or robert.huff@aerojet.com; or Linda Cutler of GenCorp, +1-916-351-8650, or linda.cutler@gencorp.com
Web site: http://www.aerojet.com
http://www.GenCorp.com
(GY)

Copyright

© 2021 Aerojet Rocketdyne Holdings. All rights reserved.  |  Privacy Statement  |  Site Map  |  Contact Us  |  Ethics, Compliance & Safety Helpline Submittal Form or call 855-346-5043

In Northern Ireland from an outside line, 1) call 0-800-89-0011 (or 0-500-89-0011 for UK, C&W), and 2) at the English prompt, dial 855-346-5043.

 

CA Transparency in Supply Chains Act Notification: The Aerojet Rocketdyne, Inc. is a manufacturer of products for the U.S. Government. As such, it is currently accepting contracts with a clause regarding slavery and human trafficking, specifically Federal Acquisition Regulation clause FAR 52.222-50, Combating Trafficking in Persons. Aerojet Rocketdyne issued an appropriate internal directive prohibiting conduct proscribed by this clause, and notified its employees of these requirements and possible consequences of noncompliance. Furthermore, Aerojet Rocketdyne requires its suppliers accept the same clause in purchase orders ultimately having federal customers, and requires their lower tier suppliers do the same. Government contractors warrant or certify their contract clause compliance, and the U.S. Government and Aerojet Rocketdyne may conduct reasonable audits of its suppliers for compliance. Aerojet Rocketdyne buyers are being trained that an exception to this clause is not to be allowed, absent a legal review.