M&A Deal Summary

Wyle Aerospace Group Acquires General Dynamics - Aeronautics Services

On December 17, 2004, Wyle Aerospace Group acquired aerospace company General Dynamics - Aeronautics Services from General Dynamics

Acquisition Highlights
  • This is Wyle Aerospace Group’s 1st transaction in the Aerospace sector.
  • This is Wyle Aerospace Group’s 1st transaction in the United States.
  • This is Wyle Aerospace Group’s 1st transaction in Maryland.

M&A Deal Summary
Date 2004-12-17
Target General Dynamics - Aeronautics Services
Sector Aerospace
Buyer(s) Wyle Aerospace Group
Sellers(s) General Dynamics
Deal Type Divestiture

Target

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.

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Buyer(S) 1

Buyer

Wyle Aerospace Group

Lexington Park, Maryland, United States
Category Company
Sector Aerospace
DESCRIPTION

Wyle Aerospace Group develops and delivers test and evaluation, sustainment engineering, acquisition management, and mission assurance services and solutions to U.S. Department of Defense and other government organizations that consistently meet customer requirements.

DEAL STATS #
Overall 1 of 1
Sector (Aerospace) 1 of 1
Type (Divestiture) 1 of 1
State (Maryland) 1 of 1
Country (United States) 1 of 1
Year (2004) 1 of 1

Seller(S) 1

SELLER

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 3 of 6
Sector (Aerospace) 2 of 3
Type (Divestiture) 3 of 5
State (Maryland) 1 of 2
Country (United States) 3 of 6
Year (2004) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-06-08 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-02-18 Calspan Systems

Buffalo, New York, United States

Calspan Systems Corp. is an engineer, designer, analysis and manufacturing firm, specializing in the engineering and manufacture of complex hardware and prototype systems for aerospace industry.

Sell -
Mergr

Product

Company

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