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Company Plans to Grow in the Southeast U.S.
SACRAMENTO, Calif., Dec. 16, 2010 – Aerojet, a GenCorp (NYSE: GY) company, announced today that over the next few months it will expand its presence in the Huntsville community by hiring 25 local engineers. This growth will allow Aerojet to provide collaborative engineering expertise, program management support and business development outreach to our government and prime customers located in the Huntsville area and across the Southeastern United States.
“Huntsville is an important location for our DoD, NASA and industry customers,” said Scott Seymour, Aerojet president and GenCorp president & CEO. “Growing Aerojet’s technical capabilities in Huntsville will allow us to better serve our customers and expand Aerojet’s business base.”
The additional Aerojet engineers will include technical expertise in solid, liquid and gel propulsion, warheads, specialty metals and fire suppression systems. They will provide face-to-face, hands-on technical interaction with all of our Huntsville customers for current and future programs.
They also will serve as an integral link to the breadth of technical and programmatic capabilities across Aerojet.
The purpose of Aerojet’s expanded presence in Huntsville is to provide a better customer interface for all business development and engineering activities. This includes not only Aerojet’s DoD and NASA customers, but our prime contractors, supplier partners, local and regional universities, professional societies and community development organizations as well. The expansion also will enable Aerojet to examine new product opportunities related to the company’s current business base.
Aerojet is planning a ribbon-cutting ceremony during the first few months of 2011. Job announcements will be forthcoming and the hiring process will commence around the first of the year. The local lead for Aerojet will continue to be Claude Baldwin, director of Operations for Aerojet’s Huntsville Office.
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’ websites at http://www.Aerojet.com and http://www.GenCorp.com.