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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0000921895-08-000973.txt : 20080327
<SEC-HEADER>0000921895-08-000973.hdr.sgml : 20080327
<ACCEPTANCE-DATETIME>20080327182509
ACCESSION NUMBER:		0000921895-08-000973
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080326
FILED AS OF DATE:		20080327
DATE AS OF CHANGE:		20080327

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GENCORP INC
		CENTRAL INDEX KEY:			0000040888
		STANDARD INDUSTRIAL CLASSIFICATION:	FABRICATED RUBBER PRODUCTS, NEC [3060]
		IRS NUMBER:				340244000
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			1130

	BUSINESS ADDRESS:	
		STREET 1:		HIGHWAY 50 & AEROJET ROAD
		CITY:			RANCHO CORDOVA
		STATE:			CA
		ZIP:			95670
		BUSINESS PHONE:		9163554000

	MAIL ADDRESS:	
		STREET 1:		HIGHWAY 50 & AEROJET ROAD
		CITY:			RANCHO CORDOVA
		STATE:			CA
		ZIP:			95670

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GENERAL TIRE & RUBBER CO
		DATE OF NAME CHANGE:	19840330

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HENDERSON JAMES R
		CENTRAL INDEX KEY:			0001242437

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-01520
		FILM NUMBER:		08716254

	BUSINESS ADDRESS:	
		STREET 1:		STEEL PARTNERS LTD
		STREET 2:		590 MADISON AVE.
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>hen34.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-03-26</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000040888</issuerCik>
        <issuerName>GENCORP INC</issuerName>
        <issuerTradingSymbol>GY</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001242437</rptOwnerCik>
            <rptOwnerName>HENDERSON JAMES R</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O STEEL PARTNERS II, L.P.</rptOwnerStreet1>
            <rptOwnerStreet2>590 MADISON AVENUE, 32ND FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>See Explanation of Responses</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, Par Value $0.10</value>
            </securityTitle>
            <transactionDate>
                <value>2008-03-26</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1750</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2250</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value></value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Mr. Henderson, as member of a &quot;group&quot; for the purposes of Rule 13d-5(b)(1) of the Securities Exchange Act of 1934, as amended, may be deemed to beneficially own an additional 8,034,059 shares owned by Steel Partners II, L.P., representing 14.1% of the Issuer's outstanding shares.  Mr. Henderson disclaims beneficial ownership of such shares.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Henderson, James R.</signatureName>
        <signatureDate>2008-03-27</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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