L3Harris building in Burlington, Canada.
iStock/JHVEPhoto
L3Harris Technologies has completed the sale of its specialized materials business, Aerojet Ordnance Tennessee, Inc. (A.O.T.), to BWX Technologies, Inc. for approximately $100 million.
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The deal aligns with L3Harris’ 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.
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