General Dynamics [GD] on Nov. 30 said its European Land Systems division has acquired a German company that provides maintenance and service for the German army and other international customers in a deal that expands its footprint and capabilities in Germany.
More than half of FWW Fahrzeugwerk GmbH’s work is with foreign customers.
Terms of the deal were not disclosed. FWW has about 220 employees and will become part of Berlin-based General Dynamics European Land Systems—Deutschland. The newly created Deutschland business also includes GDELS-Bridge Systems, which manufactures mobile bridge systems, and has round 600 employees total.
“The acquisition of FWW represents a significant step in expanding General Dynamics’ footprint, capability and customer offerings in Germany,” Alfonso Ramonet, president of General Dynamics European Land Systems, said in a statement. “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 said that merging with GDELS will provide more opportunities for its employees and help it grow.
FWW works on military wheeled and armored tracked vehicles, complex weapon systems, and offers logistical services for vehicle systems and worldwide repair services. The company also overhauls vehicles.