MDA com­pletes ac­qui­si­tion of Ad­vanced Sys­tems

SP's MAI - - CORPORATE NEWS -

MacDon­ald, Det­twiler and As­so­ciates Ltd., a global com­mu­ni­ca­tions and in­for­ma­tion company, an­nounced that it has closed the ac­qui­si­tion of Ad­vanced Sys­tems, a line of business from Gen­eral Dy­nam­ics Ad­vanced In­for­ma­tion Sys­tems, Inc.

Lo­cated near Detroit, Michi­gan, the Ad­vanced Sys­tems business has ap­prox­i­mately 170 em­ploy­ees and gen­er­ates an­nual rev­enues of ap­prox­i­mately $40 mil­lion. The business has over 50 years of in-depth ex­pe­ri­ence in de­vel­op­ment and ap­pli­ca­tion of radar and other in­for­ma­tion sen­sors for the US Gov­ern­ment. This unique ca­pa­bil­ity is ex­pected to strengthen the company’s abil­ity to pur­sue fu­ture op­por­tu­ni­ties in the US mar­ket.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.