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General Dynamics Acquires Enterprise Services and Cloud Computing Provider; Johnson Comments

Dan Johnson, GDIT

General Dynamics (NYSE: GD) has acquired enterprise services and cloud computing provider Network Connectivity Solutions, Corp. for an undisclosed amount.

General Dynamics said the move should start increasing its earnings per share in 2012.

Maryland-based NETCONN will join General Dynamics’ IT business unit, GDIT.

NETCONN supports net-centric IT operations, including data center infrastructure, value engineering, information assistance and edge computing. It is a prime contractor on the Defense Department’s ENCORE II indefinite-delivery/indefinite-quantity contract.

“NETCONN’s capabilities and relationships will bolster General Dynamics’ strong portfolio of services and solutions aimed at helping the Defense Department cut costs and increase efficiency while meeting large-scale, enterprise IT requirements, ” said Dan Johnson, president of GDIT.

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