M&A Deal Summary

General Dynamics Acquires TriPoint Global Communications

On June 8, 2004, General Dynamics acquired communications company TriPoint Global Communications

Acquisition Highlights
  • This is General Dynamics’ 1st transaction in the Communications sector.
  • This is General Dynamics’ 9th transaction in the United States.
  • This is General Dynamics’ 1st transaction in North Carolina.

M&A Deal Summary

Date 2004-06-08
Target TriPoint Global Communications
Sector Communications
Buyer(s) General Dynamics
Deal Type Add-on Acquisition

Target

TriPoint Global Communications

Newton, North Carolina, United States
TriPoint Global Communications Inc. is a provider of ground-based satellite and wireless communication equipment and integration services for video, voice and data applications worldwide. A supplier of base station and earth station communications products and services, VSAT antennas and antenna systems and wireless backhaul products. The company has approximately 1,450 employees in 14 locations, including Newton, N.C.; Duluth, Ga.; San Jose and Torrance, Calif.; Rockaway, N.J.; State College, Penn.; Kilgore, Longview, Mexia and Richardson, Texas; and Estonia, Germany and India.

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Buyer(S) 1

Buyer

General Dynamics

Reston, Virginia, United States

Category Company
Founded 1899
Sector Defense
Employees117,000
Revenue 47.7B USD (2024)
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 10 of 30
Sector: Communications M&A 1 of 2
Type: Add-on Acquisition M&A Deals 8 of 27
State: North Carolina M&A 1 of 1
Country: United States M&A 9 of 26
Year: 2004 M&A 2 of 2
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-12-17 General Dynamics - Aeronautics Services

Lexington Park, Maryland, United States

General Dynamics - Aeronautics Services is a provider of aeronautical research,development, test and evaluation services to the U.S. Department of Defense and international militaries around the globe, providing a full spectrum of engineering support products and services for advanced aeronautical systems. Aeronautics' scope spans multiple existing aeronautical platforms, including the F/A-18 and E-2C, as well as the development of the next generation of aircraft such as the F-35 JSF.

Sell -