Home / M&A Activity / General Dynamics Completes Fidelis Buy; Lou Von Thaer Comments

General Dynamics Completes Fidelis Buy; Lou Von Thaer Comments

General Dynamics (NYSE: GD) has completed its acquisition of Fidelis Security Systems, a provider of cybersecurity tools for real-time network visibility, analysis and control.

General Dynamics said Fidelis will become a part of its advanced information systems unit and did not disclose the value of the cash transaction.

Lou Von Thaer, president of the AIS unit, said in a release the company provides products, cyber services and incident response to enterprise and government customers for combating advanced threats and protecting networks through real-time situational awareness.

John Jolly, vice president and general manager of cyber systems for General Dynamics, told GovCon Wire last week Fidelis supplies products to address advanced persistent threats.

Click here for more of his comments on how he believes Fidelis adds to General Dynamics’ cyber portfolio.

Check Also

Tony Smeraglinolo

Engility to Help Engineer Naval Radar Systems; Tony Smeraglinolo Comments

The U.S. Navy has awarded Engility Holdings (NYSE:EGL) a potential $53 million contract to perform ...

BiomedicalNIH

US Army Awards $501M Medical Research Contract to Four Firms

Leidos (NYSE: LDOS), Vaccine Co., PPD Development LP and TASC have won a $501 million contract ...

Subscribe to our Newsletter
I will subscribe later