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GLOBE NEWSWIRE

SACRAMENTO, Calif., Sept. 10, 2015 – Aerojet Rocketdyne (NYSE:AJRD) today hosted a groundbreaking ceremony attended by nearly 200 people including Arkansas Governor Asa Hutchinson, other state and local dignitaries, company leaders and employees, to celebrate the company’s planned expansion that will bring new programs and 85 jobs to the Camden facility and to dedicate the 12-megawatt solar field currently under construction by Silicon Ranch Corporation on approximately 100 acres of adjacent land in Highland Industrial Park.

Through a unique contract, Aerojet Rocketdyne, Arkansas Electric Cooperative Corporation, Ouachita Electric Cooperative Corporation and Southern Arkansas University Tech collaborated to bring the first, large-scale solar project to Arkansas. Once complete, the facility will not only provide clean energy for Aerojet Rocketdyne operations, it will generate enough electricity to power the equivalent of 2,400 single-family homes.

“This solar project is a key part of Aerojet Rocketdyne’s commitment to operate all our sites in a sustainable manner,” said Drake. “Working with our solar partners represented here today we are helping bring the state’s largest solar field to life in order to provide a clean alternative energy source for our electricity needs and those of neighboring businesses and residences.”