Aerojet’s Camden Facility Earns National Safety Council’s “Million Work-Hours Award”

SACRAMENTO, Calif., Aug. 3, 2010 – Aerojet, a GenCorp (NYSE: GY) company, announced today that its Camden, Ark. facility achieved one million man hours without a “Day Away From Work Injury or Illness” between July 7, 2009 and June 14, 2010. This dedication earned the National Safety Council’s “Million Work-Hours Award,” which was presented today at a celebration luncheon held at the Camden Country Club.

“With a commitment to create and maintain a safe work environment, Aerojet employees now will undertake the challenge of achieving two million work hours without a lost work-day injury,” said Alice Floyd, Aerojet’s Camden safety manager.

In attendance at the luncheon were James Salkeld, Arkansas’s director of Labor for the Arkansas Department of Labor, who presented Aerojet with a plaque, and Alan McClain, chief executive officer of the Arkansas Workers’ Compensation Commission. Aerojet executives attending the event included Aerojet’s Vice President of Sustainable Operations, Rob Shenton, and Aerojet’s Vice President of Environmental Health and Safety, Chris Conley, who also presented an Aerojet President Safety Award to the Camden employees.

“This is an accomplishment that all of us should take pride in,” said Paul Rich, Aerojet’s executive director of the Camden facility. “This achievement was made possible due to the team’s support of and awareness to safety. Safety begins each and every day — at home and at work — and all of us must be vigilant in making it our number one priority.”

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.