Photo Release -- Aerojet Recognizes Local Engineer for Technical Innovation

SACRAMENTO, Calif., Dec. 5, 2012 (GLOBE NEWSWIRE) -- Aerojet, a GenCorp (NYSE:GY) company, announced today that Technical Principal Dr. Gary Luke was presented with the R.B. Young Technical Innovation Award at an award ceremony held Monday night, Dec. 3, in Luke's honor.

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=16121

Luke received the award for his development of a Transient Energy Management & Performance (TEMP) Code, a multidimensional physics-based "branching" computer code used to analyze complex 3D systems. "TEMP significantly and cost-effectively enhances Aerojet's modeling capabilities and is applicable to a wide array of current and future products," said Aerojet President Warren Boley. "We're extremely proud to have innovative leaders such as Gary on our team."

The R.B. Young Technical Innovation Award was established in 1983 and is the highest technical achievement award given at Aerojet. The award is named after former Aerojet Vice President and General Manager Bob Young. Acknowledged by renowned rocket scientist Wernher von Braun as "one of the great pioneers in rocket engine development," Young helped build Aerojet from a small engineering company into one of the nation's leading aerospace and defense contractors. Throughout his 36 years at Aerojet, until his death in 1979, he helped explore virtually every kind of rocket propulsion known (liquid, solid, nuclear and even more exotic forms of fuel). As a result, Young helped expand America's space and defense capabilities.

"Gary exemplifies the creative spirit and dedication of all Aerojet employees," said Aerojet Vice President of Engineering Marvin Young. "His innovation significantly advances the state-of-the-art of physics-based rocket propulsion modeling."

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 www.Aerojet.com and at 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
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here