Aerojet Rocketdyne Welcomes Clyde Woltman as Executive Director

SACRAMENTO, Calif., Oct. 7, 2013 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne, a GenCorp (NYSE:GY) company, today announced that Clyde Woltman will join the company as an executive director of Advanced Programs, Defense Business Development.

Woltman primarily will be responsible for developing and executing strategies to grow Aerojet Rocketdyne's business into new product areas. He also will lead the planning, directing, and coordinating of business development and program activities.

Woltman previously held key positions in the aviation industry, most recently as director, Navy and Marine Corps Programs at Pratt & Whitney. He also served in the Marine Corps for 28 years and retired as a colonel.

"Clyde is a dynamic addition to the Aerojet Rocketdyne team," said Vice President of Advanced Programs Business Development, Farid Khadduri. "His experience at the operational, programmatic and strategic levels of the aviation industry gives him a comprehensive foundation from which to help launch growth for our Advanced Programs and defense initiatives."

Woltman holds a Bachelor of Science degree in Electrical Engineering from the University of Southern California. He also is a graduate from the Naval Post Graduate School of Aviation Safety and the University of Paris, Sorbonne.

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