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FALLS CHURCH, Va., July 9, 2004. General Dynamics today completed its acquisition of Spectrum Astro, Inc. of Gilbert, Ariz. Terms of the transaction were not disclosed.
Spectrum Astro manufactures and integrates space systems, satellites and ground-support equipment, and has approximately 525 employees. It is now part of General Dynamics C4 Systems, which has nearly 3,400 employees in Scottsdale, Ariz.
"Spectrum Astro brings General Dynamics valuable experience in missile-defense and key NASA space business segments, and further enhances our ability to meet requirements for satellite-based systems in support of a network-centric approach to warfighting," said Mark A. Fried, president of General Dynamics C4 Systems. "We are pleased to welcome Spectrum Astro employees to our team and look forward to applying their expertise and capabilities as part of General Dynamics."
General Dynamics C4 Systems is a leading integrator of secure communication and information systems and technology. With more than 7,000 employees worldwide, the company specializes in command and control, communications networking, computing and information assurance for defense, government and select commercial customers in the U.S. and abroad.
General Dynamics, headquartered in Falls Church, Va., employs approximately 68,400 people worldwide and anticipates 2004 revenue of $19 billion. The company is a market leader in mission-critical information systems and technologies; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and business aviation.
For more information, see www.generaldynamics.com.
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