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Business/Financial

GD Acquires Provider of Demilitarization, Munitions Disposal Services

DDN

Thursday, May 13th, 2010

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By Calvin Biesecker General Dynamics [GD] yesterday said it has acquired EBV Explosives Environmental Company, a provider of munitions and explosives waste disposal services to the military and other customers, in a deal that extends the life-cycle services it can offer to its munitions customer base. Terms of the transaction, which was completed with cash, were not disclosed. GD said that the acquisition would be accretive to its earnings this year. Missouri-based EBV has 130 employees. Through subcontractors, including EBV…

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