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AEROJET PRESS RELEASE
Aerojet, a GenCorp (NYSE: GY) company, and NEC Corporation (TSE: 6701) announced today that the companies will explore the feasibility of jointly supplying low power ion propulsion systems for the U.S. and Japanese aerospace markets. Ion propulsion systems can be used for geosynchronous satellite propulsion systems and deep space missions providing significant advantages over traditional chemical propulsion systems due to the higher fuel efficiency.




