M&A Deal Summary

General Dynamics Acquires Digital System Resources

On July 29, 2003, General Dynamics acquired defense company Digital System Resources

Acquisition Highlights
  • This is General Dynamics’ 3rd transaction in the Defense sector.
  • This is General Dynamics’ 7th transaction in the United States.
  • This is General Dynamics’ 3rd transaction in Virginia.

M&A Deal Summary

Date 2003-07-29
Target Digital System Resources
Sector Defense
Buyer(s) General Dynamics
Deal Type Add-on Acquisition
Advisor(s) Bluestone Capital Partners (Financial)

Target

Digital System Resources

Fairfax, Virginia, United States
Digital System Resources, Inc. (DSR) is a provider of surveillance and combat systems for submarines and surface ships, and has approximately 450 employees. DSR an important niche in electronic warfare and acoustic signal processing technologies for the U.S. Navy.

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Buyer(S) 1

Buyer

General Dynamics

Reston, Virginia, United States

Category Company
Founded 1899
Sector Defense
Employees100,000
Revenue 42.3B USD (2023)
DESCRIPTION
General Dynamics' Ordnance and Tactical Systems unit located in St. Petersburg, Florida.
General Dynamics' Ordnance and Tactical Systems unit located in St. Petersburg, Florida.

General Dynamics is an aerospace and defense company. It manufacturers business jets as well as provides combat systems to the US military. General Dynamics was founded in 1952 and is based in Reston, Virginia.


DEAL STATS #
Overall 8 of 30
Sector (Defense) 3 of 5
Type (Add-on Acquisition) 6 of 27
State (Virginia) 3 of 8
Country (United States) 7 of 26
Year (2003) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-06-08 Veridian

Arlington, Virginia, United States

Veridian Corp. is a provider of information technology and network security and applied science and engineering services to the U.S. intelligence community and military services, and to the civilian and commercial sectors.

Buy $1.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-17 Spectrum Astro

Gilbert, Arizona, United States

Spectrum Astro, Inc. manufactures and integrates space systems, satellites and ground-support equipment, and has approximately 525 employees. provides missile-defense and key NASA space business segments, and further enhances our ability to meet requirements for satellite-based systems in support of a network-centric approach to warfighting.

Buy -