Aerojet Awarded Contract for Research and Technology in Aerospace Propulsion

SACRAMENTO, Calif., April 13 — (PRNewswire) — Aerojet, a GenCorp (NYSE: GY) company, announced today that NASA Glenn Research Center has awarded the company a five-year Indefinite-Delivery, Indefinite-Quantity (IDIQ) contract to provide NASA with its space propulsion system technologies, including cryogenic and electric propulsion for spacecraft.

Aerojet is one of five companies to be awarded a contract – potentially worth up to $50 million – to support NASA's research and technology activities. A key to Aerojet's award was forming a team that was capable of meeting diverse NASA needs. Members of the Aerojet team include: Ball Aerospace, Boeing, Florida Turbine Technologies, Inc., Gray Research, Lockheed Martin and United Launch Alliance. Key small business team members include: Alphaport of Cleveland, Ohio; Easi of Houston, Texas; ElectroDynamic Applications, Inc. (EDA) of Ann Arbor, Mich.; and IN-Space LLC of West Lafayette, Ind.

Each of the five IDIQ contract awards provides for fixed price, cost share and cost reimbursement competitive tasks with a maximum value of $50 million throughout the next five years.

Aerojet is a world-recognized aerospace and defense leader principally serving the missile and space propulsion, defense and armaments 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' Web sites at http://www.Aerojet.com and http://www.GenCorp.com.

Forward Looking Statement:

This press release contains forward-looking statements based on current management expectations. Numerous factors, including those related to market conditions and those detailed from time to time in GenCorp's filings with the Securities and Exchange Commission, may cause results to differ materially from those anticipated in the forward-looking statements. Many of the factors that will determine GenCorp's future results are beyond the ability of GenCorp to control or predict. These statements are subject to risks and uncertainties and, therefore, actual results may differ materially. Readers should not place undue reliance on forward-looking statements, which reflect management's views only as of the date hereof. GenCorp undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Aerojet

Contact:
Aerojet
GenCorp
NASA Glenn Research Center
Glenn Mahone
Phone: +1-202-302-9941
Email Contact
Kristin Conner
Phone: +1-916-355-2143
Email Contact both of Aerojet
Web: http://www.aerojet.com




Review Article Be the first to review this article
Rand3D

Featured Video
Jobs
Mechanical Engineer I for Air Techniques, Inc at Melville, NY
Proposal Support Coordinator for Keystone Aerial Surveys at Philadelphia, PA
Upcoming Events
The Rise of Mechatronics at Dassault Systèmes San Diego 5005 Wateridge Vista Drive San Diego CA - Sep 12, 2017
The Rise of Mechatronics at Buca di Beppo - Pasadena 80 West Green Street Pasadena CA - Sep 13, 2017
The Rise of Mechatronics at Dassault Systèmes Santa Clara 3979 Freedom Circle, Ste 750 Santa Clara CA - Sep 14, 2017
The 30th Annual Integrated Process Excellence Symposium & Training at Wyndham Grand Bonnet Creek Resort Orlando FL - Sep 18 - 20, 2017
Kenesto: 30 day trial



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise