Lockheed Martin to Acquire Deposition Sciences
Lockheed Martin (NYSE: LMT ) has entered into a definitive agreement to acquire Deposition Sciences, Inc. (DSI), a provider of thin film coatings.
Subject to the satisfaction of customary closing conditions, the acquisition is expected to close within 30 days. The terms of the agreement were not disclosed and are not material to Lockheed Martin operations. DSI will be integrated into the Aeronautics business area.
Analyzing the Global Aerospace and Defense Industry 2016
Located in Santa Rosa, California , DSI has approximately 85 employees and is a 100 percent owned subsidiary of Advanced Lighting Technologies, Inc. (ADLT). The company uses various deposition technologies and processes to produce thin film coatings for a variety of industrial applications.
Your company’s press release on ASDNews and to thousands of other journalists and editors? Use our ASDWire press release distribution service.
Source : Lockheed Martin Corporation (NYSE: LMT)