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GenCorp's Aerojet Subsidiary Honored for Information Technology Innovation

SACRAMENTO, Calif., Nov. 20 /PRNewswire-FirstCall/ -- GenCorp Inc. (NYSE: GY) announced that its subsidiary, Aerojet-General Corporation (Aerojet), ranked in the top 15 manufacturers on the InfoWeek 500 list of Leading Information Technology Innovators. Aerojet's Information Systems department also provides support to GenCorp and its operating segments, Aerojet Fine Chemicals, and GDX Automotive. Aerojet was ranked number 15 from the list of 52 manufacturing companies.

"This milestone signifies an industry recognition of the work we are doing to more efficiently produce increasingly innovative products and better serve our customers," said Phil Wu, Information Systems director. "I am proud of the ranking we've achieved and the success our company has met in embracing new technology and using it to enhance communication and productivity throughout the corporation."

The award marks the second consecutive year that Aerojet has been recognized by Information Week Magazine for its innovation in the information technology arena. Aerojet's application for the award was comprehensive in nature, fully recognizing the methods undertaken to meet changing customer needs. The organization developed a product called "AeroFrame" that is used to communicate with and transfer data to customers through secured internet communication. Built with security in mind, AeroFrame was used extensively on the recent Aerojet-Pratt & Whitney Propulsion Association COBRA Engine program.

Currently AeroFrame is being utilized on the HyFly hypersonic long-range strike missile demonstrator program with Boeing Phantom Works, which is a project for the Defense Advanced Research Projects Agency (DARPA) and the Office of Naval Research (ONR) Aeroframe allows Aerojet's customers a real time, secure, access to the technology, engineering data, financial status, and other aspects of the dynamic HyFly development program.

In addition to work on the AeroFrame system, Aerojet (Information Technology) I.T. is developing a cluster of personal computers that will process engineering code for modeling engine performance, thereby improving design processes and significantly reducing work time. The department is also researching new scheduling software that will allow program management and stakeholders to collaborate on enterprise scheduling. InfoWeek Magazine's recognition of the company's innovation in I.T. work is borne out in the AeroFrame system, the system cluster and scheduling software.

Aerojet, headquartered in Sacramento, California, is a world-recognized aerospace and defense leader principally serving the missile and space propulsion, and defense and armaments markets. GenCorp Inc. is a multi-national, technology-based manufacturer with leading positions in the automotive, aerospace, defense and pharmaceutical fine chemicals industries. For more information, please visit http://www.aerojet.com and http://www.gencorp.com .

SOURCE GenCorp Inc.

/CONTACT: Linda Beech Cutler, vice president, Corporate Communications of GenCorp Inc., +1-916-351-8650/

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/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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