PARIS -- Aerojet Rocketdyne, the company formed with GenCorp's purchase of Pratt & Whitney Rocketdyne, on Sunday said it has promised the U.S. government $1 billion in savings over the next decade as a result of the deal. Aerojet Rocketdyne President Warren Boley told
Reuters that the new company, a wholly owned unit of GenCorp, expected to double its revenues over the next five years from a current combined estimate of $1.7 billion. (Source:
Reuters, 06/16/13)
Gulf Coast note: Aerojet Rocketdyne has an operation at Stennis Space Center, Miss.
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