Mergers & Acquisitions

Mergers & Acquisitions

July 26, 2011

General Dynamics Acquires Fortress Technologies

General Dynamics (News - Alert), a manufacturer of aviation, land, and expeditionary combat vehicles and systems, announced that it has successfully completed the acquisition of Fortress Technologies, Inc., a provider of secure wireless networking equipment for the U.S. military and other government customers.

The value of the cash transaction, which is expected to be accretive to General Dynamics' earnings beginning in 2012, has not been disclosed.

Company officials said that Fortress Technologies produce a portfolio of mesh networking products, which enable secure wireless network capabilities for battlefield logistics, convoy, command post and soldier applications.

Fortress Technologies' ruggedized products are built on commercially available technologies. These products help improve soldiers' combat effectiveness and survivability by increasing their access to information.

With this acquisition, General Dynamics C4 Systems (News - Alert) will now manage Fortress Technologies.

General Dynamics C4 Systems designs, manufactures and delivers secure communications systems, command and control systems, and operational hardware to customers. These customers include the U.S. Department of Defense, the intelligence community and federal civilian agencies, and international customers.

"The acquisition of Fortress accelerates our ability to deliver a wider array of secure, Wi-Fi-based tactical wireless communication systems for military and government users worldwide," said Chris Marzilli, president of General Dynamics C4 Systems, in a press release.

"These competitively priced products, based on commercial offerings, deliver unprecedented efficiencies in size, weight and power for users from the core to the very edge of the network."

In related news, General Dynamics Information Technology, a business unit of General Dynamics, announced the winning of $178 million Defense Intelligence Agency's Solutions for the Information Technology Enterprise contract.

Deepika Mala is a contributing editor for TMCnet. To read more of her articles, please visit her columnist page.

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