{"id":797836,"date":"2025-01-06T06:53:04","date_gmt":"2025-01-06T11:53:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-completes-sale-of-specialized-materials-business-to-bwxt-for-approximately-100-million\/"},"modified":"2025-01-06T06:53:04","modified_gmt":"2025-01-06T11:53:04","slug":"l3harris-completes-sale-of-specialized-materials-business-to-bwxt-for-approximately-100-million","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/l3harris-completes-sale-of-specialized-materials-business-to-bwxt-for-approximately-100-million\/","title":{"rendered":"L3Harris Completes Sale of Specialized Materials Business to BWXT for Approximately $100 Million"},"content":{"rendered":"

<\/p>\n

L3Harris Completes Sale of Specialized Materials Business to BWXT for Approximately $100 Million<\/b><\/p>\n

MELBOURNE, Fla.–(BUSINESS WIRE<\/a>)–
\nL3Harris Technologies (NYSE: LHX) has completed the sale of its specialized materials business, Aerojet Ordnance Tennessee, Inc. (A.O.T.), to BWX Technologies, Inc. (NYSE: BWXT) for approximately $100 million.<\/p>\n

\nThe deal aligns with L3Harris\u2019 multi-year strategy to optimize its portfolio and deliver on commitments to customers and shareholders.<\/p>\n

\nA.O.T. is the sole provider of depleted uranium to the U.S. government and produces advanced specialized metal components for defense, aerospace and commercial products. The business is located in Tennessee and currently employs less than 100 people.<\/p>\n

About L3Harris Technologies<\/b><\/p>\n

\nL3Harris Technologies is the Trusted Disruptor in the defense industry. With customers\u2019 mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security. Visit L3Harris.com<\/a> for more information.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250106971081\/en\/<\/a><\/span><\/p>\n

Daniel Gittsovich
\n<\/b>
Investor Relations
\n
InvestorRelations@L3Harris.com
\n<\/a>
321-724-3170<\/p>\n

Sara Banda
\n<\/b>
Media Relations
\n
Media@L3Harris.com
\n<\/a>
321-306-8927<\/p>\n

KEYWORDS:<\/b> Florida United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Other Defense Contracts Nuclear Energy Technology Defense Other Manufacturing Security Engineering Homeland Security Aerospace Public Policy\/Government Manufacturing<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

L3Harris Completes Sale of Specialized Materials Business to BWXT for Approximately $100 Million MELBOURNE, Fla.–(BUSINESS WIRE)– L3Harris Technologies (NYSE: LHX) has completed the sale of its specialized materials business, Aerojet Ordnance Tennessee, Inc. (A.O.T.), to BWX Technologies, Inc. (NYSE: BWXT) for approximately $100 million. The deal aligns with L3Harris\u2019 multi-year strategy to optimize its portfolio and deliver on commitments to customers and shareholders. A.O.T. is the sole provider of depleted uranium to the U.S. government and produces advanced specialized metal components for defense, aerospace and commercial products. The business is located in Tennessee and currently employs less than 100 people. About L3Harris Technologies L3Harris Technologies is the Trusted Disruptor in the defense industry. With customers\u2019 mission-critical needs always in mind, … <\/p>\n

Continue reading “L3Harris Completes Sale of Specialized Materials Business to BWXT for Approximately $100 Million”<\/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-797836","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nL3Harris Completes Sale of Specialized Materials Business to BWXT for Approximately $100 Million - 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\/l3harris-completes-sale-of-specialized-materials-business-to-bwxt-for-approximately-100-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"L3Harris Completes Sale of Specialized Materials Business to BWXT for Approximately $100 Million - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"L3Harris Completes Sale of Specialized Materials Business to BWXT for Approximately $100 Million MELBOURNE, Fla.–(BUSINESS WIRE)– L3Harris Technologies (NYSE: LHX) has completed the sale of its specialized materials business, Aerojet Ordnance Tennessee, Inc. (A.O.T.), to BWX Technologies, Inc. (NYSE: BWXT) for approximately $100 million. The deal aligns with L3Harris\u2019 multi-year strategy to optimize its portfolio and deliver on commitments to customers and shareholders. A.O.T. is the sole provider of depleted uranium to the U.S. government and produces advanced specialized metal components for defense, aerospace and commercial products. The business is located in Tennessee and currently employs less than 100 people. About L3Harris Technologies L3Harris Technologies is the Trusted Disruptor in the defense industry. 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