|
|
Article: EADS North America Buys Small U.S. IT Firm.(Dynamic Process Solutions, Inc.)(Brief article)
- Article from:
- Defense Daily
- Article date:
- June 9, 2006
CopyrightCOPYRIGHT 2006 Access Intelligence, LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The U.S.-based division of the European Aeronautic Defence and Space Co. (EADS) yesterday said it has added to its presence in this country by acquiring Texas-based Dynamic Process Solutions, Inc. (DPSI), a small provider of military training and software development capabilities.
Terms of the deal were not disclosed. DPSI has between 60 and 70 employees and had about $10 million in sales in its most recent fiscal year, EADS North America said.
The acquisition is the third for EADS North America as it attempts to grow its military business in the United States, the world's largest defense market, through acquisitions, organic sales and ...