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Business/Financial

Lockheed Martin Acquiring Small Business In Film Area

By Cal Biesecker

Wednesday, June 18th, 2014

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Lockheed Martin Acquiring Small Business In Film Area

Lockheed Martin [LMT] on Wednesday said it has agreed to acquire Deposition Sciences, Inc., a small company that develops and manufactures thin film coatings used in various industries. Terms of the deal were not disclosed although Lockheed Martin said that DSI will be integrated into its Aeronautics business area and will not be material to its operations. DSI, which is a subsidiary of Advanced Lighting Technologies, Inc. [ADLT], uses deposition technologies and processes to produce thin film coatings. The company’s…

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