December 11, 2007 -- Aerojet, an aerospace and defence company and a business division of GenCorp (NYSE: GY), announced on Monday (10 December) that the company has been selected by The Boeing Company to provide additional forward boom ship sets for the US Air Force's F-22 Raptor programme. The contract is worth USD62m over a three-year period.  Under the terms of the contract with The Boeing Company, Aerojet will build the welded titanium forward boom for Lockheed Martin's F-22 Raptor. 

The forward boom is a structural component providing wing; engine and horizontal tail attach points to carry much of the F-22 aft fuselage load.  Aerojet has been under contract to The Boeing Company on the F-22 Raptor air dominance fighter program since 1993.  The multi-year commitment through 2010 will reportedly provide savings to Boeing and the Air Force over annual production buys.

All work under the contract will be performed at Aerojet's Sacramento, California, US facility and is expected to be completed in 2010.

Source: Airline Industry Information