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Photo Release -- Aerojet's AJ26 Engine Completes Successful Hot Fire In Support Of Antares(TM) Rocket

The Antares rocket vehicle is being developed to boost payloads into a variety of low-Earth and geosynchronous transfer orbits and to Earth escape trajectories. It incorporates proven technologies from a worldwide network of suppliers. The Antares rocket will also be available to civil government and U.S. military customers for dedicated launch services for medium-class scientific and national security satellites.

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

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