Saturday, December 4, 2010

DTN News - DEFENSE NEWS: Aerojet Completes Final Lot Shipments Of The U.S. Air Force's F-22 Raptor Program....NSI News Source Info # 1314

(NSI News Source Info) SACRAMENTO, Calif., - December 3, 2010: Aerojet, a GenCorp (NYSE:GY - News) company, announced today that it shipped the last F-22 Raptor forward boom to The Boeing Company in Seattle, Wash. This completed the 10th lot of a procurement that spanned 17 years in support of the Boeing/Lockheed Martin/U.S. Air Force team.
Aerojet has been under contract to The Boeing Company on the F-22 Raptor air dominance fighter program since 1993 and has delivered 394 booms. The company was honored by Boeing as its Supplier of the Year in 2005 and 2007, and its gold and silver supplier for 2009 and 2010. "Our success is a testament to the skill, hard work and diligence that our employees put into this program," says Michael Magpayo, director of F-22 and Advanced Structures programs. "Congratulations go to all of our employees for their outstanding work and dedication over the past 17 years. They've really taken our philosophy of Operational Excellence, professionalism, dedication and teamwork to heart and have gone above and beyond for this program."

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