Aerojet Rocketdyne Holdings, Inc. Acquires 3D Material Technologies and Expands Additive Manufacturing Capabilities
The acquisition complements Aerojet Rocketdyne’s industry-leading capabilities to develop and produce metal alloy additive manufacturing parts for aerospace propulsion and power systems.
“The addition of 3DMT’s capacity and expertise in metal alloy additive manufacturing expands our range of products and services in the space and defense markets,” said
3DMT will continue to operate with its existing workforce at its 28,000 square ft. facility located in
Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” as that term is defined in the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “anticipate,” “plan,” “expect,” “strategy,” “future,” “may,” “will,” and similar references to future periods. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected depending on a number of risks, uncertainties and other factors. Such risks, uncertainties and other factors include, among other things: economic and financial conditions; changes in customer demand and requirements; the possibility that the pending acquisition does not close at the expected time; the ability to integrate the acquired operations; cancellation or material modification of one or more contracts; changes in labor costs and labor difficulties; and the ability to implement the anticipated business plans following closing. Forward-looking statements in this press release should be evaluated together with the many factors that affect
Source: Aerojet Rocketdyne Holdings, Inc.