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Latest GenCorp Stories

2012-07-23 02:20:54

SACRAMENTO, Calif., July 23, 2012 /PRNewswire/ -- Aerojet-General Corporation, a GenCorp Inc. (NYSE: GY) company, announced today that Warren M. Boley, Jr., will be joining Aerojet as its President, effective August 20, 2012. Boley succeeds Scott J. Seymour, Aerojet President since January 2010, who will continue in his role as GenCorp President and Chief Executive Officer. As Boley transitions into his new role, Seymour will work with him to assure a smooth transition across the portfolio...

2012-07-23 02:20:42

SACRAMENTO, Calif., July 23, 2012 /PRNewswire/ -- GenCorp Inc. (NYSE: GY), headquartered in Sacramento, California, announced today that it has signed a definitive agreement to acquire Pratt & Whitney Rocketdyne (PWR) from United Technologies Corporation (NYSE: UTX) for $550 million. "We see great strategic value in this transaction for the country, our customers, partner supply base and our shareholders," GenCorp Chief Executive Officer Scott Seymour said. "The combined enterprise will...

2012-07-23 02:20:41

HARTFORD, Conn., July 23, 2012 /PRNewswire/ -- United Technologies Corp. (NYSE: UTX) today announced it has reached agreement to sell its Rocketdyne unit, currently part of Pratt & Whitney, to GenCorp Inc. for $550 million. The transaction is expected to close in the first half of 2013.As previously announced, proceeds from the sale will be used to repay a portion of the short-term debt incurred to finance the proposed acquisition of Goodrich Corporation. The transaction is...

2012-04-17 02:20:40

SACRAMENTO, Calif., April 17, 2012 /PRNewswire/ -- Aerojet, a GenCorp (NYSE: GY) company, announced today that it has delivered the 50th Solid Rocket Booster (SRB) to United Launch Alliance (ULA) in support of the Atlas V launch vehicle. (Photo: http://photos.prnewswire.com/prnh/20120417/SF88691) (Logo: http://photos.prnewswire.com/prnh/20120112/SF34677LOGO) The 50th-delivered SRB, along with two additional boosters, is scheduled to help launch a future mission in 2013. Aerojet won the...

2012-02-24 19:38:00

SACRAMENTO, Calif., Feb. 24, 2012 /PRNewswire/ -- Aerojet, a GenCorp (NYSE: GY) company, provided its solid rocket boosters to the United Launch Alliance (ULA) Atlas V launch vehicle for the inaugural launch of the U.S. Navy's five-satellite Mobile User Object System (MUOS). Built by Lockheed Martin (NYSE: LMT), MUOS is a next-generation narrowband tactical satellite communications system that will significantly improve ground communications for U.S. forces on the move. (Logo:...

2012-01-19 19:50:00

SACRAMENTO, Calif., Jan. 19, 2012 /PRNewswire/ -- Aerojet, a GenCorp (NYSE: GY) company, announced that its propulsion components assisted with today's launch and payload insertion of the U.S. Air Force's fourth Wideband Global SATCOM (WGS) spacecraft. (Logo: http://photos.prnewswire.com/prnh/20120112/SF34677LOGO) Aerojet's 12 reaction control thrusters provided roll, pitch and yaw control during ascent of United Launch Alliance's (ULA) Delta IV upper stage. The WGS satellite...

2012-01-12 07:00:00

SACRAMENTO, Calif., Jan. 12, 2012 /PRNewswire/ -- Aerojet, a GenCorp (NYSE: GY) company, announced today that its hydrazine thrusters powered a critical in-flight maneuver for NASA's Mars Science Laboratory (MSL) mission. This important maneuver aligned the spacecraft's trajectory with its landing target. (Logo: http://photos.prnewswire.com/prnh/20120112/SF34677LOGO) On Jan. 11, 2012, eight small monopropellant hydrazine thrusters fired for nearly three hours in order to position the...

2011-12-21 16:12:00

SACRAMENTO, Calif., Dec. 21, 2011 /PRNewswire-FirstCall/ -- Aerojet, a GenCorp (NYSE: GY) company, announced today that its Sacramento, Calif. headquarters has once again achieved one million man hours without a lost-time injury. The Sacramento site reached the milestone on Nov. 26. "We are extremely proud of this accomplishment by our Sacramento facility," said Sacramento Vice President of Environmental, Health & Safety, Chris Conley. "This milestone demonstrates...

2011-12-02 15:16:00

HUNTSVILLE, Ala., Dec. 2, 2011 /PRNewswire/ -- Aerojet, a GenCorp (NYSE: GY) company, announced today that Carlton Brewer has been appointed as site executive for its Huntsville, Alabama location. Carlton has worked in the aerospace and defense sector over the past 24 years in varying levels of responsibility within the Department of Defense weapons system program management. He joined the growing Aerojet Huntsville office in November 2010 working in Business Development and now...

2011-11-30 15:35:00

SACRAMENTO, Calif., Nov. 30, 2011 /PRNewswire/ -- Aerojet, a GenCorp (NYSE: GY) company, announced that its new scalable effects warhead was successfully demonstrated on Lockheed Martin's Guided Multiple Launch Rocket System-Plus (GMLRS+) rocket today during a flight test at the White Sands Missile Range in New Mexico. This new warhead provides the user the ability to select a range of detonation yields depending on the target. The warhead was set to low-yield output prior to the...