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Aerojet Presents Exceptional Supplier Award to ValveTech

06/20/2012

SACRAMENTO, Calif. (June 20, 2012) - Aerojet, a GenCorp (NYSE: GY) company, announced today that it has recognized ValveTech Inc. of Phelps New York with an Exceptional Supplier Award for the corporation's 20 consecutive months of on-time deliveries.

ValveTech is a key supplier to Aerojet for its monopropellant hydrazine product line. The company furnishes valves for the majority of the approximately 400 thrusters per year that Aerojet's Redmond facility delivers throughout the global marketplace. Critical to planetary exploration missions, Global Positioning System satellites and several geosynchronous spacecraft platforms, hydrazine is the fuel of choice for a variety of in-space propulsion needs.

"ValveTech is very pleased to receive this award," said ValveTech President Mike Mullally. "We have been furnishing space-qualified hardware for Aerojet thrusters since 2000 and look forward to a greater role into the future."

ValveTech valves are flying on a variety of Aerojet-supported spacecraft. NASA's five THEMIS satellites used Aerojet propulsion systems that included ValveTech valves on the thrusters and the supplier's miniature latch valve on the system. When the Mars Science Laboratory arrives at Mars in August 2012, ValveTech valves will assist with the actively guided descent as part of Aerojet's MR 107U 68 lbf thrusters.

"A company's product is only as good as its suppliers' capability and performance," said Hal Martin, Aerojet vice president, Supply Chain. "ValveTech's commitment to quality and on-time delivery makes them a valued partner for meeting the challenges of in-space propulsion."

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' websites at http://www.Aerojet.com and http://www.GenCorp.com.

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Contact:
Glenn Mahone, Aerojet, 202.302.9941
[email protected]
Kristin Conner, Aerojet, 916.355.2143
[email protected]

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