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Aerospace & Defense M&A image Aerospace & Defense M&A » By The Online Investor Staff, updated Sun., May. 12, 3:13 AM Recent mergers and acquisitions in the Aerospace & Defense M&A category.

Slide #65. General Dynamics Open Kernel Labs

Acquirer: General Dynamics (NYSE:GD)
Acquiree: Open Kernel Labs
Details: General Dynamics has acquired Open Kernel Labs, Inc. (OK Labs), expanding its capabilities as a provider of secure mobile devices for public safety, civilian, military and commercial customers as well as in-vehicle infotainment systems (IVI) for the commercial market. OK Labs, a Chicago-based, privately held corporation, is a leading provider of virtualization software for securing wireless communications, applications and content for mobile devices and automotive in-vehicle infotainment systems. The value of the cash transaction has not been disclosed.

General Dynamics is an aerospace and defense company. Co.'s operating segments include: Aerospace, which consists of Co.'s Gulfstream that designs, develops and manufactures aircraft and Jet Aviation that provides a suite of aircraft services for aircraft owners and operators; Marine Systems, which designs and builds nuclear-powered submarines and provides in surface combatant and auxiliary ship design and construction; Combat Systems, which is a manufacturer and integrator of land combat solutions; and Technologies, which provides a range of services, technologies and products to a market that seeks solutions combining electronic hardware with software.

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Company Name:  General Dynamics Corp
Stock buyback:  GD buyback
Website:  www.gd.com
Sector:  Aerospace & Defense
Number of ETFs Holding GD:  109
Total Market Value Held by ETFs:  $9.63B
Total Market Capitalization:  $80.32B
% of Market Cap. Held by ETFs:  11.99%
 

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May 12, 2024    3:13 AM Eastern
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Strong Buy (3.53 out of 4)
60th percentile
(ranked higher than approx. 60% of all stocks covered)

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GD Stock Forecast

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