SECURITIES AND EXCHANGE COMMISSION 
                           WASHINGTON, D.C. 20549 
  
                           ______________________ 
  
                                  FORM 8-K 
  
                               CURRENT REPORT 
                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934
  
 Date of report (Date of earliest event reported):   July 27, 1998 
  
  
                    AIR & WATER TECHNOLOGIES CORPORATION 
------------------------------------------------------------------------------
             (Exact Name of Registrant as Specified in Charter) 
  

 Delaware                        033-017921                  13-3418759 
------------------------------------------------------------------------------
State or Other Jurisdiction     (Commission                (IRS Employer 
    of Incorporation)            File Number)            Identification No.) 
  
  

 U.S. Highway 22 West and Station Road,  Branchburg, New Jersey         08876
------------------------------------------------------------------------------
  (Address of Principal Executive Offices)                           (Zip Code) 
  
  
 Registrant's telephone number, including area code:  (908) 685-4600 
  
  
                                 No Change 
 -----------------------------------------------------------------------------
        (Former Name or Former Address, if Changed Since Last Report)



 ITEM 5.   OTHER EVENTS 
  
           On July 27, 1998, Air & Water Technologies Corporation (the
 "Company") and Hamon & Cie (International) S.A. (Belgium) ("Hamon") jointly
 announced the conclusion of the acquisition by Hamon of certain assets and
 liabilities of Research-Cottrell, Inc., a wholly-owned subsidiary of the
 Company.  The Company previously announced that it had entered into a
 definitive agreement with Hamon with respect to such sale.  On July 27,
 1998, the Company issued a press release concerning the conclusion of the
 aforementioned transaction, a copy of which is attached hereto as Exhibit
 99.1 and is incorporated by reference herein.   
  
  
 ITEM 7.   FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND 
           EXHIBITS. 
  
           (c)  Exhibits 
  
                99.1 Press release of the Company dated July 27, 1998. 

      Pursuant to the requirements of the Securities Exchange Act of 1934,
 the registrant has duly caused this report to be signed on its behalf by
 the undersigned hereunto duly authorized. 
  
  
                     AIR & WATER TECHNOLOGIES CORPORATION 
  
  
  
                     By:  /s/ Alain Brunais                     
                         ---------------------------------------
                         Name:  Alain Brunais 
                         Title:  Chief Financial Officer 
  
  
 Date:   July 28, 1998 



                               EXHIBIT INDEX 
  
  
 EXHIBIT NO.                   DESCRIPTION                        PAGE NO. 
  
 99.1                     Press release of the Company dated 
                          July 27, 1998.
[{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 3106}]
{"company-data": {"conformed-name": "AIR & WATER TECHNOLOGIES CORP", "cik": "0000823556", "assigned-sic": "8711", "irs-number": "133418759", "state-of-incorporation": "DE", "fiscal-year-end": "1031"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-10298", "film-number": "98672263"}, "business-address": {"street1": "U S HGWY 22 WEST & STATION RD", "city": "BRANCHBURG", "state": "NJ", "zip": "08876", "phone": "2016854000"}, "mail-address": {"street1": "P O BOX 1500", "city": "SOMERVILLE", "state": "NJ", "zip": "08876"}, "former-company": {"former-conformed-name": "RC HOLDING INC", "date-changed": "19890627"}}
SECURITIES AND EXCHANGE COMMISSION 
                           WASHINGTON, D.C. 20549 
  
                           ______________________ 
  
                                  FORM 8-K 
  
                               CURRENT REPORT 
                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934
  
 Date of report (Date of earliest event reported):   July 27, 1998 
  
  
                    AIR & WATER TECHNOLOGIES CORPORATION 
------------------------------------------------------------------------------
             (Exact Name of Registrant as Specified in Charter) 
  

 Delaware                        033-017921                  13-3418759 
------------------------------------------------------------------------------
State or Other Jurisdiction     (Commission                (IRS Employer 
    of Incorporation)            File Number)            Identification No.) 
  
  

 U.S. Highway 22 West and Station Road,  Branchburg, New Jersey         08876
------------------------------------------------------------------------------
  (Address of Principal Executive Offices)                           (Zip Code) 
  
  
 Registrant's telephone number, including area code:  (908) 685-4600 
  
  
                                 No Change 
 -----------------------------------------------------------------------------
        (Former Name or Former Address, if Changed Since Last Report)

 ITEM 5.   OTHER EVENTS 
  
           On July 27, 1998, Air & Water Technologies Corporation (the
 "Company") and Hamon & Cie (International) S.A. (Belgium) ("Hamon") jointly
 announced the conclusion of the acquisition by Hamon of certain assets and
 liabilities of Research-Cottrell, Inc., a wholly-owned subsidiary of the
 Company.  The Company previously announced that it had entered into a
 definitive agreement with Hamon with respect to such sale.  On July 27,
 1998, the Company issued a press release concerning the conclusion of the
 aforementioned transaction, a copy of which is attached hereto as Exhibit
 99.1 and is incorporated by reference herein.   
  
  
 ITEM 7.   FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND 
           EXHIBITS. 
  
           (c)  Exhibits 
  
                99.1 Press release of the Company dated July 27, 1998. 

      Pursuant to the requirements of the Securities Exchange Act of 1934,
 the registrant has duly caused this report to be signed on its behalf by
 the undersigned hereunto duly authorized. 
  
  
                     AIR & WATER TECHNOLOGIES CORPORATION 
  
  
  
                     By:  /s/ Alain Brunais                     
                         ---------------------------------------
                         Name:  Alain Brunais 
                         Title:  Chief Financial Officer 
  
  
 Date:   July 28, 1998 

                               EXHIBIT INDEX 
  
  
 EXHIBIT NO.                   DESCRIPTION                        PAGE NO. 
  
 99.1                     Press release of the Company dated 
                          July 27, 1998.