Will General Dynamics' bold strategic move for Force Protection pay off?
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Last week General Dynamics (NYSE: GD) announced that it was set to acquire Force Protection, Inc. (NASDAQ: FRPT) for approximately $360 million (£228 million).
Speaking to Defence IQ today, Rob Doolittle, Staff Vice President of Communications at General Dynamics, stated that the deal will allow the company to increase its traction in the armoured vehicle and survivability products market.
"Our plan is to leverage the combined strengths of FPI and General Dynamics Land Systems to pur...
