MERGERS & ACQUISITIONS

GD makes a cyber play with latest acquisition

General Dynamics Corp. has acquired Fidelis Security Systems Inc., a cybersecurity company that specializes in network visibility, analysis. Financial terms of the transaction have not been disclosed.

The acquisition is expected to be completed by the third quarter of 2012, General Dynamics said.

Fidelis Security Systems has locations in Waltham, Mass. and Bethesda, Md., and employs around 70 people in its two locations. It will become part of the Cyber Systems Division of General Dynamics Advanced Information Systems, which is based in Fairfax, Va.

Fidelis Security Systems will augment General Dynamics’ cyber operations and incident response services by providing visibility into networks that exposes malicious threats in real-time. This will help customers defend against and stop advanced threats and data breaches, General Dynamics said.

About the Author

Mark Hoover is a staff writer with Washington Technology. You can contact him at mhoover@washingtontechnology.com, or connect with him on Twitter at @mhooverWT.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close
SEARCH
contracts DB

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Read More

  • Is SBA MIA on contractor fraud? Nick Wakeman

    Editor Nick Wakeman explores the puzzle of why SBA has been so silent on the latest contractor fraud scandal when it has been so quick to act in other cases. Read More

Webcasts

  • How Do You Support the Project Lifecycle?

    How do best-in-class project-based companies create and actively mature successful organizations? They find the right mix of people, processes and tools that enable them to effectively manage the project lifecycle. REGISTER for this webinar to hear how properly managing the cycle of capture, bid, accounting, execution, IPM and analysis will allow you to better manage your programs to stay on scope, schedule and budget. Learn More!

  • Sequestration, LPTA and the Top 100

    Join Washington Technology’s Editor-in-Chief Nick Wakeman as he analyzes the annual Top 100 list and reveals critical insights into how market trends have impacted its composition. You'll learn what movements of individual companies means and how the market overall is being impacted by the current budget environment, how the Top 100 rankings reflect the major trends in the market today and how the biggest companies in the market are adapting to today’s competitive environment. Learn More!