Aerojet Rocketdyne Solar Farm Receives Arkansas Environmental Excellence Award

SACRAMENTO, Calif., Oct. 07, 2016 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne, Inc., a subsidiary of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), announced today that it has been chosen by the Arkansas Environmental Federation (AEF) as the recipient of the 2016 Diamond Award for Excellence in Environmental Leadership.

Each year, the AEF Diamond Award recognizes one company that demonstrates initiative and/or leadership in managing its environmental efforts. This year's award recognizes the Aerojet Rocketdyne Solar Farm which now powers approximately 30 percent of Aerojet Rocketdyne's Camden, Arkansas operations, and also provides power to the Arkansas Electric Cooperatives. The Solar Farm is the largest operating solar field in Arkansas. The 12-megawatt (alternating current) array, located in the Highland Industrial Park, is owned and operated by Silicon Ranch Corp. and is capable of generating enough electricity to power the equivalent of 2,400 single-family homes with zero emissions.

It is the success of a collective group of community-minded organizations led by Aerojet Rocketdyne with a common recognition that clean energy must be a component of the future success of Arkansas. The organizations include Aerojet Rocketdyne, Southern Arkansas University Tech, Ouachita Electric Cooperative Company, Silicon Ranch, Arkansas Electric Cooperative Company, and Highland Industrial Park Inc.

"Aerojet Rocketdyne strives to be a good steward of the environment," said Aerojet Rocketdyne's CEO and President Eileen Drake. "We are honored to receive this prestigious award."

"This project began with a focus on improving the operational excellence of our Camden operations through execution of the company's commitment to the environment and the communities in which we operate," said Erik Didriksen, a Safety, Health & Environment strategist at Aerojet Rocketdyne. "The community-based approach continues to yield sustainable environmental, economic and social impacts to the company, to the Camden community, the State of Arkansas and ultimately the U.S. taxpayer, and exemplifies the principles of the Diamond Award."

"Aerojet Rocketdyne and our partners are proud to be recognized by the AEF," said Chris Conley, vice president of Safety, Health & Environment at Aerojet Rocketdyne. Aerojet Rocketdyne will formally receive the Diamond award at the AEF's 49th annual convention on Oct. 7 in Hot Springs, Arkansas.

Aerojet Rocketdyne is an innovative company delivering solutions that create value for its customers in the aerospace and defense markets. The company is a world-recognized aerospace and defense leader that provides propulsion and energetics to the space, missile defense and strategic systems, tactical systems and armaments areas, in support of domestic and international markets. Additional information about Aerojet Rocketdyne can be obtained by visiting our websites at www.Rocket.com and www.AerojetRocketdyne.com.