Save Article Instructions

General Dynamics Finishes Acquisition of Metro Machine Corp.

Posted by Skyler Frink

FALLS CHURCH, VA, Nov. 1, 2011. General Dynamics (NYSE: GD) today completed its acquisition of Metro Machine Corp., a leading East Coast surface-ship repair company that supports the U.S. Navy fleet in Norfolk, Va. The value of the cash transaction has not yet been disclosed.

Metro Machine Corp. now becomes part of the shipbuilding and repair operations of San Diego-based General Dynamics NASSCO, a leading provider of ships to the Navy, a major producer of commercial vessels and the largest shipbuilding and repair company on the West Coast.

Related stories

General Dynamics NASSCO receives $37 million for USS San Diego fitting-out

General Dynamics receives $90 million to develop advanced submarine technologies

General Dynamics awarded $5 million for portable vehicle arresting barrier

To access this Article, go to: