General Dynamics, Force Protection complete merger

Staff Report
Published Dec. 21, 2011

General Dynamics has completed its acquisition of Force Protection.

General Dynamics paid about $360 million for the manufacturer after announcing the acquisition on Nov. 7.

The Ladson-based company now becomes part of General Dynamics Land Systems.

“Together with General Dynamics Land Systems’ portfolio of wheeled tactical and combat vehicles and main battle tanks, this acquisition expands our ability to deliver vehicles that are core to our customer’s force structure and their ability to fulfill their missions,” said Mark Roualet, president of General Dynamics Land Systems, in a news release. “This strengthens our ability to upgrade and modernize our vehicles to meet our customer’s evolving needs.”

General Dynamics Land Systems manufactures wheeled, tracked and amphibious combat vehicles, including the Stryker, Abrams main battle tank and mine-resistant, ambush-protected tactical vehicles.

With Force Protection’s addition, General Dynamics Land Systems now employs about 9,500 worldwide.

Email Print

Do you give this article a thumbs up? Thumbs_upYes