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Board of Directors Releases Investigation Summary

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    May 16,2022
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    PDF Version

    Board of Directors Releases Investigation Summary

    EL SEGUNDO, Calif., May 16, 2022 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) (the “Company”) today released a memorandum prepared by the Non-Management Committee of the Board of Directors of the Company (the “Committee”) summarizing factual findings and results of the investigation undertaken by the Committee.

    The text of the memorandum is set forth in this link:

    http://ml.globenewswire.com/Resource/Download/6372b724-eef1-4c8c-997f-774300148d6d

    About Aerojet Rocketdyne Holdings, Inc.
    Aerojet Rocketdyne Holdings, Inc., headquartered in El Segundo, California, is an innovative 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. More information can be obtained by visiting the Company’s websites at www.rocket.com or www.aerojetrocketdyne.com.

    Contact information:
    Investors: Kelly Anderson, investor relations 310-252-8155
    Media: Steve Warren, vice president, communications 703-650-0278


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    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.