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General Dynamics announced that it has entered into a definitive agreement to acquire Fortress Technologies, a provider of secure wireless networking equipment for the US military and other government customers. The value of the cash transaction, which is expected to be accretive to General Dynamics’ earnings beginning in 2012, has not been disclosed.
Fortress Technologies produces a portfolio of mesh networking products that enable secure wireless local area network (LAN) capabilities for battlefield logistics, convoy, command post and soldier applications. Built on commercially available technologies, Fortress Technologies’ ruggedized products improve soldiers’ combat effectiveness and survivability by increasing their access to information.