Aerojet Rocketdyne Announces Business Partnering Agreement for Environmental Protection With Herakles (Safran)

SACRAMENTO, Calif., July 10, 2013 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne, a GenCorp (NYSE:GY) company, announced today that Herakles, a Safran company (France), has contracted with Aerojet Rocketdyne to provide environmental consulting services on environmental remediation of impaired soil, groundwater and surface water at its operations in France. Herakles provides services, products and equipment for strategic and tactical missiles and space launch vehicles, for civil and military aviation and automotive safety, as well as tools for the industry.

Chris Conley, vice president of Environmental, Health & Safety for Aerojet Rocketdyne said, "Aerojet Rocketdyne has 30 years of experience in managing and remediating complicated environmental clean-ups. We look forward to assisting Herakles in their environmental remediation efforts."

Warren Boley, president of Aerojet Rocketdyne added, "This demonstrates more than just the strength of the very successful 35+ year propulsion partnership between the two companies, but the importance both companies place on environmental stewardship. This transatlantic commitment will help ensure environmental restoration while strengthening the business relationship between our two companies."

Historically, the long-time partnership between Aerojet Rocketdyne and Herakles has centered on tactical missile propulsion with Aerojet Rocketdyne manufacturing in support of the continental United States, and Herakles manufacturing in support of NATO and European ally defense requirements. The partnership has strengthened over the decades and includes notable programs such as HAWK, MLRS and Standard Missile. "This new environmental engagement expands the relationship and signals future opportunities that will emerge between Aerojet Rocketdyne and Herakles," said Boley.

Aerojet Rocketdyne is a world-recognized aerospace and defense leader providing propulsion and energetics to the space, missile defense, strategic, tactical missile and armaments sectors for both domestic and international markets. Find out more about the new Aerojet Rocketdyne at http://www.Rocket.com.