Aerojet Rocketdyne Holdings, Inc., formerly GenCorp, Inc., is a manufacturer of aerospace and defense products and systems. The Company develops and manufactures propulsion systems for defense and space applications, and armaments for precision tactical and long-range weapon systems applications. The Company operates in two segments: Aerospace and Defense, and Real Estate. The Aerospace and Defense segment consists of the operations of Aerojet Rocketdyne, Inc., which is a technology-based designer, developer and manufacturer of aerospace and defense products and systems for the United States government, including the Department of Defense, National Aeronautics and Space Administration, aerospace and defense prime contractors, as well as portions of the commercial sector. The Real Estate segment includes the activities of its subsidiary Easton Development Company, LLC, which is engaged in activities related to the re-zoning, entitlement, sale and leasing of excess real estate assets.