M&A Deal Summary

General Dynamics Acquires General Dynamics Ordnance and Tactical Systems

On May 11, 2010, General Dynamics acquired defense company General Dynamics Ordnance and Tactical Systems

Acquisition Highlights
  • This is General Dynamics’ 5th transaction in the Defense sector.
  • This is General Dynamics’ 16th transaction in the United States.
  • This is General Dynamics’ 1st transaction in Florida.

M&A Deal Summary
Date 2010-05-11
Target General Dynamics Ordnance and Tactical Systems
Sector Defense
Buyer(s) General Dynamics
Deal Type Add-on Acquisition

Target

General Dynamics Ordnance and Tactical Systems

Saint Petersburg, Florida, United States
General Dynamics Ordnance and Tactical Systems manufactures large- and medium-caliber ammunition, bomb bodies and precision metal components; provides explosive load, assemble and pack services for a variety of tactical missile and rocket programs; and designs and produces shaped charge warheads and control actuator systems.

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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 20 of 30
Sector (Defense) 5 of 5
Type (Add-on Acquisition) 17 of 27
State (Florida) 1 of 1
Country (United States) 16 of 26
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-04 AxleTech International Holdings

Oshkosh, Wisconsin, United States

AxleTech is a manufacturer and supplier of axles, axle components, planetary axles, brakes, and aftermarket parts for commercial specialty trucks, military vehicles, and off-highway machines used in construction, material handling, forestry, mining, and agricultural markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-14 Fortress Technologies

Westford, Massachusetts, United States

Fortress Technologies, Inc. is a provider of wireless security products for enterprise networks. The Fortress security system leverages a combination of advanced wireless security technology and a robust processing architecture to deliver security services, networking services, policy management and monitoring that creates a more inherently secure enterprise network.

Buy -
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