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BWX Technologies [BWXT] has agreed to acquire a specialty materials and manufacturing business from L3Harris Technologies’ [LHX] Aerojet Rocketdyne segment for $100 million. The Aerojet Ordnance Tennessee, Inc. (AOT) unit is the sole provider of depleted uranium to the U.S. government, and also provides tungsten, molybdenum, tantalum, rhenium, titanium, nickel, aluminum, copper, metal-matrix composites, metal polymer composites, reactive materials, and custom alloys used in defense, commercial, and space applications. “With decades of experience in specialized materials and metallurgy, A.O.T brings…
