Oshkosh Corporation Acquires AeroTech Business from JBT Corporation for $800 million
May 30, 2023
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.
- Buyers
- Oshkosh Corporation
- Targets
- AeroTech (JBT AeroTech)
- Sellers
- JBT Corporation
- Industry
- Manufacturing
- Location
- Florida, United States
- Transaction Type
- Divestiture
Explore More
Related Acquisitions
-
AAR Corp Acquires Aircraft Reconfig Technologies
December 17, 2025
Aerospace & Defense
AAR Corp. entered into a definitive agreement to acquire Aircraft Reconfig Technologies from ZIM Aircraft Cabin Solutions for $35 million in an all-cash transaction, subject to customary adjustments and closing conditions. The acquisition is expected to close in the fourth quarter of AAR’s fiscal year 2026 and is intended to expand AAR’s engineering and in-house certification capabilities for passenger aircraft interior reconfigurations.
-
BWX Technologies Completes Acquisition of L3Harris' Aerojet Ordnance Tennessee (A.O.T.) Business
January 3, 2025
Industrial Services
BWX Technologies (BWXT) completed its acquisition of L3Harris Technologies' Aerojet Ordnance Tennessee (A.O.T.) business as of January 3, 2025. The ~$100 million transaction expands BWXT’s special materials capabilities, with A.O.T. operating within BWXT’s government operations segment.
-
Boeing Acquires Spirit AeroSystems
July 1, 2024
Aerospace & Defense
Boeing has agreed to acquire Spirit AeroSystems in an all-stock transaction valued at approximately $4.7 billion in equity (about $8.3 billion total including net debt), reintegrating Spirit's Boeing-related commercial operations and select aftermarket businesses. The deal brings roughly 15,000 Spirit teammates into Boeing, expands Boeing's production and MRO footprint, and preserves certain defense activities as an independent Spirit Defense subsidiary while requiring divestiture of some Airbus-related work packages.
-
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.
-
SK AeroSafety Group (LLCP Portfolio Company) Acquires Fire-Tec Aero Systems
January 25, 2022
Aerospace & Defense
SK AeroSafety Group, a portfolio company of Levine Leichtman Capital Partners, has acquired Fire-Tec Aero Systems LLC, a Phoenix-based MRO specialist in aircraft fire extinguishers, oxygen bottles and emergency power equipment that serves over 350 customers. The deal expands SK's specialist fire safety capabilities and accelerates its growth and presence in the U.S. market; Fire-Tec's management will remain in place.
-
O2 Aero Acquisitions Acquires Shaw Aerox (Aerox Aviation Oxygen Systems)
April 29, 2020
Aerospace & Defense
O2 Aero Acquisitions, LLC has acquired Shaw Aerox, LLC (rebranded as Aerox Aviation Oxygen Systems) from undisclosed sellers. The acquisition will support expansion of Aerox's design, manufacturing and MRO capabilities for aviation and medical oxygen systems and accessories.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.