{"id":797834,"date":"2025-01-06T06:48:19","date_gmt":"2025-01-06T11:48:19","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bwxt-completes-acquisition-of-l3harris-a-o-t-business\/"},"modified":"2025-01-06T06:48:19","modified_gmt":"2025-01-06T11:48:19","slug":"bwxt-completes-acquisition-of-l3harris-a-o-t-business","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bwxt-completes-acquisition-of-l3harris-a-o-t-business\/","title":{"rendered":"BWXT Completes Acquisition of L3Harris\u2019 A.O.T. Business"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>BWXT Completes Acquisition of L3Harris\u2019 A.O.T. Business<\/b><\/p>\n<p>JONESBOROUGH, Tenn.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nBWX Technologies, Inc. (NYSE: BWXT) announced today that it has successfully completed its acquisition of L3Harris\u2019 Aerojet Ordnance Tennessee, Inc. (A.O.T.) business as of January 3, 2025.<\/p>\n<p>\n\u201cThe addition of A.O.T. to BWXT\u2019s Nuclear Operations Group underscores our commitment to enhancing and growing our special materials portfolio to better serve our customers,\u201d said Rex D. Geveden, BWXT president and chief executive officer. \u201cWe are thrilled to welcome this talented team to BWXT and look forward to the important contributions they will make to our mission of ensuring national security.\u201d<\/p>\n<p>\nA.O.T. is a leading provider of advanced specialty materials, fabrication and high-strength alloy manufacturing. It is the sole provider of depleted uranium to the U.S. government and produces other specialized materials, including tungsten, molybdenum, tantalum, rhenium, titanium, nickel, aluminum, copper, metal-matrix composites, metal polymer composites, reactive materials and custom alloys. The acquired business will operate within BWXT\u2019s government operations segment.<\/p>\n<p><b><i>Forward-Looking Statements<\/i><\/b><\/p>\n<p><i>BWXT cautions that this release contains forward-looking statements, including, without limitation, statements relating to management\u2019s plans and expectations for the acquisition of A.O.T., our ability to realize the anticipated benefits, future revenues and demand for A.O.T. business, and A.O.T.\u2019s continuing operations. These forward-looking statements are based on management\u2019s current expectations and involve a number of risks and uncertainties, including, among other things, our ability to integrate A.O.T.\u2019s operations into the Company and competition in the market for A.O.T. products. If one or more of these risks or other risks materialize, actual results may vary materially from those expressed. For a more complete discussion of these and other risk factors, please see BWXT\u2019s annual report on Form 10-K for the year ended December 31, 2023, and subsequent reports on Form 10-Q filed with the Securities and Exchange Commission. BWXT cautions not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and undertakes no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.<\/i><\/p>\n<p><b><i>About BWXT<\/i><\/b><\/p>\n<p><i>At BWX Technologies, Inc. (NYSE: BWXT), we are People Strong, Innovation Driven. A U.S.-based company, BWXT is a Fortune 1000 and Defense News Top 100 manufacturing and engineering innovator that provides safe and effective nuclear solutions for global security, clean energy, environmental restoration, nuclear medicine and space exploration. With approximately 7,800 employees, BWXT has 14 major operating sites in the U.S., Canada and the U.K. In addition, BWXT joint ventures provide management and operations at a dozen U.S. Department of Energy and NASA facilities. <\/i>For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bwxt.com&amp;esheet=54172538&amp;newsitemid=20250106015638&amp;lan=en-US&amp;anchor=www.bwxt.com&amp;index=1&amp;md5=3fece14806febaf99c37dee0cc62f9f0\">www.bwxt.com<\/a>. Follow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbwx-technologies%2Fmycompany%2F%3FviewAsMember%3Dtrue&amp;esheet=54172538&amp;newsitemid=20250106015638&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=2&amp;md5=70e047e2a06095aa6a7a0b3034986c94\">LinkedIn<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FBWXT&amp;esheet=54172538&amp;newsitemid=20250106015638&amp;lan=en-US&amp;anchor=X&amp;index=3&amp;md5=35792e29b0b5ad1b4e425f7b20e06a37\">X<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2FBWXTech&amp;esheet=54172538&amp;newsitemid=20250106015638&amp;lan=en-US&amp;anchor=Facebook&amp;index=4&amp;md5=fd11095720e42829437dbe1e7a902ad5\">Facebook<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Fbwxtechnologies%2F&amp;esheet=54172538&amp;newsitemid=20250106015638&amp;lan=en-US&amp;anchor=Instagram&amp;index=5&amp;md5=80573f78ba1dec82dc11e3ad6b05f99c\">Instagram<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250106015638r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250106015638\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250106015638\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact<br \/>\n<\/b><br \/>John Dobken<br \/>\n<br \/>Senior Manager, Media &amp; Public Relations<br \/>\n<br \/>202.428.6913 <a rel=\"nofollow\" href=\"mailto:jcdobken@bwxt.com\">jcdobken@bwxt.com<\/a><\/p>\n<p><b>Investor Contact<br \/>\n<\/b><br \/>Chase Jacobson<br \/>\n<br \/>Vice President, Investor Relations<br \/>\n<br \/>980.365.4300 <a rel=\"nofollow\" href=\"mailto:investors@bwxt.com\">investors@bwxt.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Tennessee United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Energy Defense Other Defense Contracts Energy Chemicals\/Plastics Nuclear Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250106015638\/en\/1084197\/3\/BWXT_logo_%C2%AE_RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>BWXT Completes Acquisition of L3Harris\u2019 A.O.T. Business JONESBOROUGH, Tenn.&#8211;(BUSINESS WIRE)&#8211; BWX Technologies, Inc. (NYSE: BWXT) announced today that it has successfully completed its acquisition of L3Harris\u2019 Aerojet Ordnance Tennessee, Inc. (A.O.T.) business as of January 3, 2025. \u201cThe addition of A.O.T. to BWXT\u2019s Nuclear Operations Group underscores our commitment to enhancing and growing our special materials portfolio to better serve our customers,\u201d said Rex D. Geveden, BWXT president and chief executive officer. \u201cWe are thrilled to welcome this talented team to BWXT and look forward to the important contributions they will make to our mission of ensuring national security.\u201d A.O.T. is a leading provider of advanced specialty materials, fabrication and high-strength alloy manufacturing. It is the sole provider of depleted &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bwxt-completes-acquisition-of-l3harris-a-o-t-business\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BWXT Completes Acquisition of L3Harris\u2019 A.O.T. Business&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-797834","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BWXT Completes Acquisition of L3Harris\u2019 A.O.T. Business - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bwxt-completes-acquisition-of-l3harris-a-o-t-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BWXT Completes Acquisition of L3Harris\u2019 A.O.T. Business - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BWXT Completes Acquisition of L3Harris\u2019 A.O.T. Business JONESBOROUGH, Tenn.&#8211;(BUSINESS WIRE)&#8211; BWX Technologies, Inc. (NYSE: BWXT) announced today that it has successfully completed its acquisition of L3Harris\u2019 Aerojet Ordnance Tennessee, Inc. (A.O.T.) business as of January 3, 2025. \u201cThe addition of A.O.T. to BWXT\u2019s Nuclear Operations Group underscores our commitment to enhancing and growing our special materials portfolio to better serve our customers,\u201d said Rex D. Geveden, BWXT president and chief executive officer. \u201cWe are thrilled to welcome this talented team to BWXT and look forward to the important contributions they will make to our mission of ensuring national security.\u201d A.O.T. is a leading provider of advanced specialty materials, fabrication and high-strength alloy manufacturing. It is the sole provider of depleted &hellip; Continue reading &quot;BWXT Completes Acquisition of L3Harris\u2019 A.O.T. 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Geveden, BWXT president and chief executive officer. \u201cWe are thrilled to welcome this talented team to BWXT and look forward to the important contributions they will make to our mission of ensuring national security.\u201d A.O.T. is a leading provider of advanced specialty materials, fabrication and high-strength alloy manufacturing. It is the sole provider of depleted &hellip; Continue reading \"BWXT Completes Acquisition of L3Harris\u2019 A.O.T. 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