Divestiture • Information Technology

Clear Align Acquires General Dynamics Mission Systems - EO/IR Systems

On October 16, 2017, Clear Align acquired information technology company General Dynamics Mission Systems - EO/IR Systems from General Dynamics Mission Systems

Acquisition Context
  • This is Clear Align’s 1st transaction in the Information Technology sector.
  • This is Clear Align’s 1st transaction in the United States.
  • This is Clear Align’s 1st transaction in Virginia.

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M&A Deal Summary

Date October 16, 2017
Target General Dynamics Mission Systems - EO/IR Systems
Sector Information Technology
Buyer(s) Clear Align
Sellers(s) General Dynamics Mission Systems
Deal Type Divestiture

Target Company

General Dynamics Mission Systems - EO/IR Systems

Fairfax, Virginia, United States
General Dynamics Mission Systems - EO/IR Systems includes optical and electro-optical/infrared (EO/IR) systems and lens design, fabrication and coating capabilities.
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Buyer Overview 1

Buyer

Clear Align

Eagleville, Pennsylvania, United States

Category Company
Founded 2003
Sector Electrical Equipment
DESCRIPTION

Clear Align LLC is a designer and manufacturer of precision optical assemblies from components to payload providing in-house optical, mechanical and electronics expertise that sets us apart from other contractors.


Deal Context for Buyer #
Overall 1 of 1
Sector: Information Technology 1 of 1
Type: Divestiture 1 of 1
State: Virginia 1 of 1
Country: United States 1 of 1
Year: 2017 1 of 1

Seller Profile 1

SELLER

General Dynamics Mission Systems

Fairfax, Virginia, United States

Category Company
Founded 1952
Sector Technology Hardware
DESCRIPTION

General Dynamics Mission Systems is a provider of mission critical C4ISR systems across the land, sea, air, space and cyber domains. General Dynamics Mission Systems was founded in 1952 and is based in Fairfax, Virginia.


Deal Context for Seller #
Overall 1 of 2
Sector: Information Technology 1 of 1
Type: Divestiture 1 of 2
State: Virginia 1 of 2
Country: United States 1 of 2
Year: 2017 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-05 General Dynamics Mission Systems - Satellite Communications Antenna Business

Fairfax, Virginia, United States

General Dynamics Mission Systems - Satellite Communications Antenna Business is a designer, manufacturer and installs satellite communications antenna systems used in commercial, defense and scientific applications, as well as provides related radio frequency products and electronics, including feed components, amplifiers, converters, antenna control systems, and engineering and installation services.

Sell -