• United States



by Paul Kerstein

General Dynamics Buys Services Company for $2.2 Billion

Dec 15, 20051 min
CSO and CISOData and Information Security

.General Dynamics Corp. has agreed to acquire Anteon International Corp. in a move to beef up its IT services offering to defense, intelligence and security customers.

The proposed acquisition will cost around US$2.2 billion, General Dynamics said Wednesday in a statement.

The deal, which has been approved by the boards of directors of both companies, is pending approval by Anteon shareholders and regulators, according to the company.

Anteon, a systems integration company, provides IT services to the U.S. government, designing, integrating and maintaining systems for national defense, intelligence emergency and other high-priority government missions. The company also offers mission-critical systems engineering and program management services to enterprises.

General Dynamics, of Falls Church, Virginia, has traditionally been a major supplier of advanced defense systems to the U.S. government and its allies. In more recent years, the company has expanded into mission-critical information systems and technologies.

By John Blau – IDG News Service (D?sseldorf Bureau)