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

Level 3 Vet Edward Morche to Serve as CenturyLink President of Strategic Enterprise, Federal and State Gov

Edward Morche, a 16-year Level 3 Communications (NYSE: LVLT) veteran, will serve as president of strategic enterprise, …

General Dynamics Subsidiary Awarded $203M for Design Support on Navy Columbia-Class Submarines

General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has received a $203.1 million contract modification to increase …

Subscribe to our Newsletter
I will subscribe later