This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Aerojet's Dual AJ26 Engines Launch Historic Antares Test Flight

SACRAMENTO, Calif., April 21, 2013 (GLOBE NEWSWIRE) -- Aerojet, a GenCorp (NYSE:GY) company, announced today that its dual AJ26 main engine system successfully powered the first stage of Orbital Sciences Corporation's (NYSE:ORB) Antares rocket as the vehicle was launched on its maiden flight from NASA Wallops Flight Facility.

The two Aerojet AJ26 engines, which form the Antares rocket's first-stage main engine system, burned for 233 seconds and provided 816,000 lbs of vacuum thrust as it powered Antares from the launch pad to a velocity of 9,800 miles per hour and a target orbit of 250 km x 300 km.

The launch was a test flight of the Antares launch system conducted under NASA's Commercial Orbital Transportation Services (COTS) development agreement with Orbital. COTS helps American industry develop privately-operated space transportation systems.

"Today's test is the culmination of some of the most challenging and rewarding work we've had the privilege to support," said Aerojet Vice President, Space & Launch Systems, Julie Van Kleeck.

The AJ26 is a commercial derivative of the NK-33 engine that was first developed for the Russian N-1 rocket by the Joint Stock Company Kuznetsov. The oxidizer-rich, staged-combustion, oxygen kerosene engine achieves very high performance in a lightweight, compact package.

"The two AJ26 engines that launched today's flight were originally slated to power the N-1 rocket on a lunar mission in the early 1970s," said Aerojet Executive Director, Pete Cova. "Today's mission marks the first time these engines are reaching space, which is a significant milestone for both the U.S. and Russian companies involved."

To modernize the NK-33 for commercial applications, Aerojet enhancements include a gimbal block for thrust vectoring capability, new wiring harnesses and electrical circuitry, electromechanical valve actuators and instrumentation.

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 http://www.Aerojet.com and http://www.GenCorp.com.
CONTACT: Glenn Mahone, Aerojet, 202.302.9941
         Glenn.Mahone@Aerojet.com
         Kristin Conner, Aerojet, 916.355.2143
         Kristin.Conner@Aerojet.com

company logo

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,374.76 +23.38 0.14%
S&P 500 1,951.13 +2.27 0.12%
NASDAQ 4,733.4970 -16.4820 -0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs