Business

December 28, 2012

Business briefs – December 28, 2012

General Dynamics acquires Applied Physical Sciences Corp.

 

General Dynamics has acquired Applied Physical Sciences Corp. of Groton, Conn., in a cash transaction for an undisclosed price.

Applied Physical Sciences is a leading provider of applied research and development services, and will complement the engineering programs of General Dynamics Electric Boat, a wholly owned subsidiary of General Dynamics.

Applied Physical Sciences offers research, development, engineering and prototyping services to government and commercial customers in the areas of acoustics, signal processing, marine hydrodynamics and electromagnetics. It is an industry leader in the fields of directional underwater transducers, maritime and ISR (intelligence, surveillance and reconnaissance) sensing and communication systems, and special purpose underwater devices for government laboratories, universities and industry. The company has 95 employees.

“This acquisition enhances Electric Boat’s ability to respond to emerging submarine requirements using the engineering knowledge and rapid-prototyping capabilities of Applied Physical Sciences, and gives the talented professionals at Applied Physical Sciences additional insight into the needs of the U.S. submarine fleet,” said Kevin J. Poitras, president of General Dynamics Electric Boat. “The greatest beneficiary of this acquisition will be the U.S. Navy, which will get more capable submarines to use in maintaining its global undersea dominance.”

Applied Physical Sciences’ headquarters and manufacturing facility are located in Groton. It also has offices in Lexington, Mass.; Arlington and Suffolk, Va.; and San Diego.

 

Lockheed Martin acquires assets Of CDL Systems Ltd.

 

Lockheed Martin has announced the acquisition of substantially all of the assets of CDL Systems Ltd., a software engineering firm that specializes in the development and licensing of vehicle control station software for unmanned systems.

Terms of the agreement were not disclosed and are not material to Lockheed Martin.

CDL Systems has developed an open, standards-based, and commercial off-the-shelf software product that has been integrated into numerous unmanned vehicle platforms. The company’s products are designed on low-cost, interoperable, and open architecture systems to support government and civil applications around the world, with more than one million hours of operational use. CDL Systems was founded in 1992 in Calgary, Alberta, Canada, with offices in Calgary and Huntsville, Ala.

As previously announced, Lockheed Martin will reorganize its Electronic Systems business area into two new business areas and create the MST and Missiles and Fire Control business areas effective Dec. 31, 2012. The MST business area will have 19,000 employees and will be headquartered in Washington, D.C.

 




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