M&A Deal Summary

Lockheed Martin Acquires CDL Systems

On December 21, 2012, Lockheed Martin acquired software company CDL Systems

Acquisition Highlights
  • This is Lockheed Martin’s 2nd transaction in the Software sector.
  • This is Lockheed Martin’s 1st transaction in Canada.
  • This is Lockheed Martin’s 1st transaction in Alberta.

M&A Deal Summary
Date 2012-12-21
Target CDL Systems
Sector Software
Buyer(s) Lockheed Martin
Deal Type Add-on Acquisition

Target

CDL Systems

Calgary, Alberta, Canada
CDL Systems Ltd., a software engineering firm that specializes in the development and licensing of vehicle control station software for unmanned systems.

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Buyer(S) 1

Buyer

Lockheed Martin

Bethesda, Maryland, United States
Category Company
Founded 1912
Sector Aerospace
Employees122,000
Revenue 67.6B USD (2023)
DESCRIPTION
Entrance to Lockheed Martin's corporate campus in Bethesda, Maryland.
Entrance to Lockheed Martin's corporate campus in Bethesda, Maryland.

Lockheed Martin is an aerospace and defense company that engages in the research, design, development, manufacture, integration, and sustainment of advanced technology systems and products worldwide. Lockheed Martin was established in 1912 and is based in Bethesda, Maryland.

DEAL STATS #
Overall 21 of 28
Sector (Software) 2 of 4
Type (Add-on Acquisition) 18 of 23
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2012) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-13 ChandlerMay

Huntsville, Alabama, United States

ChandlerMay, Inc. is a producer of military ground control stations for command and control and Unmanned Air Vehicles, and provider of related reset/refurbishment, upgrades and logistics support.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-11 Amor Group

Renfrew, United Kingdom

Amor Group Ltd. is a provider of software products, services and solutions to the oil and gas, public sector, transport, utilities and telecoms sectors. The business derives revenues from support and maintenance of client systems and the sale of its own software products. 60% of the business is focused on the oil and gas sector.

Buy -
Mergr

Product

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