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Aerojets Booster Launches Successful Missile Defense THAAD Intercept
SACRAMENTO, Calif., Oct. 29 /PRNewswire-FirstCall/ -- Aerojet, a GenCorp (NYSE: GY) company, announced today that its booster launched the seventh successful interceptor for the U.S. Missile Defense Agency and Lockheed Martin's (NYSE: LMT) Terminal High Altitude Area Defense (THAAD) flight test program. This was the third actual intercept test over the Pacific Missile Range Facility (PMRF) on Kauai, HI.
An interceptor-only, low endo-atmospheric test was successfully conducted at White Sands Missile Range, NM, in late June. "This test further demonstrates the strength of our national defense," said Dick Bregard, Aerojet's vice president of Defense Systems. "Aerojet is proud to be a partner in providing this critical defense capability for the war fighter, the country and our allies."
THAAD is a key element of the Ballistic Missile Defense System (BMDS). It provides rapidly deployable ground-based missile defense components to defeat short and long range ballistic missiles. THAAD's unique capabilities -- both within and outside the atmosphere -- enlarge the battle space to allow multiple intercept opportunities. This provides broad area coverage against threats to critical assets such as population centers, industrial resources and military forces.
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.
SOURCE Aerojet - 10/29/2007
CONTACT:
Kristin Conner of Aerojet,
+1-916-355-2143, Kristin.Conner@Aerojet.com; or
Linda Cutler of GenCorp,
+1-916-351-8650, Linda.Cutler@GenCorp.com
Web site: http://www.aerojet.com
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding GenCorp Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.
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