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GenCorp Stock Could Explode on New Nuclear Bomb Contract

Aerojet Rocketdyne is heading back to space… with a bullet.

“Yesterday, GenCorp (NYSE: GY  ) revealed that its Aerojet Rocketdyne subsidiary has been chosen to develop and demo a new rocket engine for the U.S. Air Force. Specifically, GenCorp will build a “Medium Class Stage III motor” to replace the current batch of SR-73 third-stage motors that help lift Minuteman III Intercontinental Ballistic Missiles into space.”

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December 7, 2013 - Posted by | Uncategorized

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