L3H raises some badly needed cash

(LYNCHBURG, Va. and MELBOURNE, Fla. – Nov. 4, 2024) – BWX Technologies, Inc. (NYSE: BWXT) and L3Harris Technologies, Inc. (NYSE: LHX) today announced the signing of a purchase agreement for BWXT to acquire L3Harris’ Aerojet Ordnance Tennessee, Inc. (A.O.T.) business for approximately $100 million.

Was this acquired with the Aeroject Rocketdyne purchase? I don't know if this really helps since they spent a couple billion to buy Aerojet, but any influx of cash is good news for the Kube and his kroneys.

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Remember not too long ago they were bragging about that division on the intranet homepage.

dang, that was part of the strategy that Kubasik and that Karp kook were talking about on CNBS, more lethal we-pons

AOT is the sole source provider to the government for enriched uranium for its we-pons program among other things. I am sleeping better at night knowing that L3 Harris will not own this company anymore. The last thing this country needs is for a valuable resource like that to be owned by such an incompetent and feckless company. It's better than L3 Harris generating money by selling enriched uranium to the iranians. It wouldn't put it past me if they did.

Thread regarding L3Harris Technologies layoffs

L3H raises some badly needed cash

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