Aerojet was selected by the U.S. Air Force for a second-phase contract to develop and test a full-scale solid rocket motor for application on potential Intercontinental Ballistic Missile systems. The contract is valued at approximately $20 million and was awarded by the 526th ICBM Systems Wing at Hill AFB, Utah.

Aerojet received a first-phase contract in March 2005 to conduct a six-month study to evaluate solid rocket motor technologies that balance cost with performance.

During the next four years, Aerojet will design, fabricate and test two full-scale second-stage solid rocket motors. The company will draw on its extensive experience producing solid rocket motors in the past for Peacekeeper and Small ICBM missile systems, as well as its current work providing solid rocket motors for launch vehicles and missile systems for the nation's military.

"Aerojet's 50-year legacy in ICBM systems, coupled with recent technology advancements in solid rocket materials and processing, position us well to meet the needs of the U.S. Air Force for affordable future strike systems," said Aerojet President Scott Neish.