BWX Technologies Acquires L3Harris' Aerojet Ordnance Tennessee (A.O.T.) Business

BTX Precision Acquires High‑Tech Solutions (HTS)

August 19, 2025

Aerospace & Defense

BTX Precision has acquired High‑Tech Solutions (HTS), a Lee's Summit, Missouri-based precision machining and manufacturing firm serving the commercial aerospace, military and space markets. The deal — BTX's seventh acquisition since launching its platform in 2023 — expands BTX's advanced machining capabilities and capacity in mission-critical aerospace and defense supply chains.

Oshkosh Corporation Acquires AeroTech Business from JBT Corporation for $800 million

May 30, 2023

Manufacturing

Oshkosh Corporation agreed to acquire the AeroTech business from JBT Corporation in an $800 million all-cash transaction (approximately $720 million net of expected tax benefits). The acquisition expands Oshkosh into the air transportation support market, adds recurring aftermarket revenue and technology capabilities (electrification, autonomy, connectivity), and is expected to be accretive to earnings and deliver synergies of roughly $20 million run-rate by year three.

L3Harris to Acquire Aerojet Rocketdyne

December 18, 2022

Aerospace & Defense

L3Harris Technologies has signed a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc. for $58 per share in an all-cash transaction valued at $4.7 billion inclusive of net debt. The deal, financed with cash and new debt, will combine Aerojet Rocketdyne’s propulsion and energetics capabilities (about $2.3 billion in revenue and ~5,200 employees) with L3Harris to strengthen defense propulsion, hypersonics and missile-defense offerings; the transaction is expected to close subject to regulatory approvals in 2023.

BTX Precision (L Squared) Acquires High Tech Solutions LLC

August 20, 2025

Manufacturing

BTX Precision, a platform backed by L Squared Capital Partners, has acquired High Tech Solutions LLC (HTS), a Kansas City–area precision manufacturer of aerospace components. The add-on expands BTX's program diversity, geographic footprint and capabilities across aerospace and space end markets as BTX reaches its 10th acquisition since inception.

BWX Technologies Acquires Kinectrics

May 20, 2025

Energy

BWX Technologies, Inc. (BWXT) completed its acquisition of Kinectrics, Inc. on May 20, 2025, integrating Kinectrics as a subsidiary within BWXT's Commercial Operations segment. The deal expands BWXT's capabilities across the commercial nuclear power lifecycle and medical isotope production, and adds roughly ~900 employees to BWXT's Commercial Operations organization.

Lockheed Martin Acquires Terran Orbital (and Tyvak International)

October 30, 2024

Aerospace & Defense

Lockheed Martin has completed its acquisition of Terran Orbital and its subsidiary Tyvak International, adding small-satellite manufacturing, mission services, and modular spacecraft platforms to Lockheed's Space business. The deal brings Terran Orbital's engineering, production sites, and mission capabilities into Lockheed Martin to accelerate development and fielding of mission-ready spacecraft for commercial, civil and national security customers.