General Dynamics European Land Systems (GDELS) has acquired FWW Fahrzeugwerk, a Germany-based provider of maintenance, repair, modification and production of armoured vehicles and special equipment.
Financial details of the acquisition have not been disclosed by the companies. GDELS is a Europe-based business unit of General Dynamics.
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General Dynamics European Land Systems president Alfonso Ramonet said: “The acquisition of FWW represents a significant step in expanding General Dynamics’ footprint, capability and customer offerings in Germany. This acquisition is also a further step in our growth strategy to position GDELS as one of the leading land systems providers in Europe.”
FWW Fahrzeugwerk is the regional partner of the German Armed Forces for the units stationed in the ‘former East German countries’. The company also provides services for other international military customers.
The company maintains and repairs a range of vehicles and weapon systems such as the APC Fox and M113, reconnaissance vehicle Fennek, all-terrain transport vehicle BV206 (SUSV) and the multiple launch rocket system (MLRS).
FWW will now serve as part of the newly formed subsidiary, General Dynamics European Land Systems–Deutschland unit, which is located in Berlin.
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By GlobalDataGDELS vice-president and managing director GDELS-Deutschland Thomas Kauffmann said: “FWW has a wide range of services, enabling GDELS to further expand its current customer service portfolio, enter new markets and reinforce the company’s position in Germany.”
“Under the umbrella of GDELS-Deutschland, FWW together with GDELS-Bridge Systems (formerly known as GDELS-Germany) will employ around 600 highly skilled employees, demonstrating General Dynamics’ strong commitment to our German customer.”
In April, GD acquired federal information technology services provider CSRA in a $9.7bn all-cash deal.
