Acquisitions, Mergers & PartnershipsAerospaceAM Press Releases

Aeroject Rocketdyne acquires 3D Material Technologies

Stay up to date with everything that is happening in the wonderful world of AM via our LinkedIn community.

Aerojet Rocketdyne Holdings, Inc. announced that it has acquired 3D Material Technologies (3DMT) from ARC Group Worldwide, Inc. 3DMT is a provider of additive manufacturing services to the aerospace, defense, medical and industrial markets.

The acquisition complements Aerojet Rocketdyne’s industry-leading capabilities to develop and produce metal alloy additive manufacturing parts for aerospace propulsion and power systems. Aerojet Rocketdyne has qualified production parts for the RL10 and RS-25 liquid rocket engines and sees growth opportunities for these complex, high value systems. Additionally, the company’s defense business unit continues to develop and demonstrate the benefits of additive manufacturing for its hypersonic propulsion 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 Aerojet Rocketdyne Holdings, Inc. CEO and President Eileen Drake. “As we look to the future, additive manufacturing will continue to play an important role in lowering costs and production timelines. This deal allows Aerojet Rocketdyne to broaden its application of this revolutionary technology. We respect the long-standing reputation for quality and customer focus that 3DMT has built in the aerospace industry and we are thrilled to welcome them to our company.”

3DMT will continue to operate with its existing workforce at its 28,000 square ft. facility located in Daytona Beach, Florida. Aerojet Rocketdyne has more than 5,000 employees at 14 sites around the country, including approximately 650 employees at its facilities in West Palm Beach and Orlando, Florida. Terms of the deal were not disclosed and both the purchase price and ongoing financials are deemed immaterial to the business.

Research 2021
Ceramic AM Market Opportunities and Trends

This market study from 3dpbm Research provides an in-depth analysis and forecast of the ceramic additive ma...

Victor Anusci

Victor does not really exist. He is a pseudonym for several writers in the 3D Printing Media Network team. As a pseudonym, Victor has also had a fascinating made-up life story, living as a digital (and virtual) nomad to cover the global AM industry. He has always worked extra-hard whenever he was needed to create unique content. However, lately, as our editorial team has grown, he is mostly taking care of publishing press releases.

Related Articles

Back to top button

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.

Privacy Settings saved!
Privacy Settings

When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. Control your personal Cookie Services here.

These cookies are necessary for the website to function and cannot be switched off in our systems.

In order to use this website we use the following technically required cookies
  • PHPSESSID
  • wordpress_test_cookie
  • wordpress_logged_in_
  • wordpress_sec

Decline all Services
Accept all Services

STAY AHEAD

OF THE CURVE

Join industry leaders and receive the latest insights on what really matters in AM!

This information will never be shared with 3rd parties

I’ve read and accept the privacy policy.*

WELCOME ON BOARD!