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Slide #17. Lockheed Martin — CDL Systems Ltd.
Acquirer:
Lockheed Martin (NYSE:LMT)
Acquiree:
CDL Systems Ltd.
Details:
Lockheed Martin announced the acquisition of substantially all of the assets of CDL Systems Ltd., a software engineering firm that specializes in the development and licensing of vehicle control station software for unmanned systems. Terms of the agreement were not disclosed and are not material to Lockheed Martin.
Lockheed Martin is a security and aerospace company, engaged in the research, design, development, manufacture, integration and sustainment of technology systems, products and services. Co. also provides a range of management, engineering, technical, scientific, logistics, system integration and cybersecurity services. Co.'s areas of focus are in defense, space, intelligence, homeland security and information technology, including cybersecurity. Co. serves customers with products and services that have defense, civil and commercial applications. Co. business segments are: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems and Space.
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Hold (2.37 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
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