Monday, August 31, 2009

Lockheed Martin Buys Gyrocam

Lockheed Martin's Missiles and Fire Control unit, which has major operations in Dallas, said Monday that it completes its acquisition of Gyrocam Systems LLC, a Florida manufacturer of gyrostabilized optical surveillance systems for the U.S. military. Financial terms of the acquisition were not disclosed. The buy was announced on July 22nd. Lockheed Martin's facilities are in Dallas and Orlando, Florida.