Wyle Laboratories has signed an agreement to acquire the Aeronautics Services business of General Dynamics Advanced Information Systems, a wholly owned subsidiary of General Dynamics Corporation. Terms of the acquisition were not disclosed.
General Dynamics Aeronautics Services business, headquartered in Lexington Park, Maryland, is engaged in more than 200 contracts with US armed forces and other prime contractors, generating revenues of more than $220 million annually. The business, which will become part of Wyle’s Technical Support Services unit, employs approximately 1,600 people.
The acquisition includes operations providing aeronautical research, development, test and evaluation services to the naval aviation support, air force aviation support and telemetry markets.
Programs supported include the E-2C Hawkeye early warning aircraft, Joint Strike Fighter, C-2A Greyhound naval transport aircraft, AMRAAM air-to-air missile and the F/A-18, F-15 and F-16 fighters.
On completion of the acquisition, El Segundo, California-based Wyle will have more than 3,000 employees and annual revenues of approximately $450 million.