General Dynamics Buys Cloud Computing Provider Network Connectivity Solutions
General Dynamics Corp. announced Monday that it has acquired Network Connectivity Solutions (NETCONN) Corp., a provider of enterprise services and cloud computing to the U.S. Department of Defense. The value of the cash transaction has not yet been disclosed. General Dynamics said the acquisition would help it boost earning and expand services that can help the Pentagon cut costs.
Dan Johnson, president of General Dynamics Information Technology said "NETCONN's capabilities and relationships will bolster General Dynamics' strong portfolio of services and solutions aimed at helping the Defense Department cut costs and increase efficiency while meeting large-scale, enterprise IT requirements. NETCONN provides IT support to the DoD organizations responsible for enterprise services and cyber security; this includes serving as a prime contractor on DISA's ENCORE II contract."In 2008 NETCONN was awarded the ENCORE II contract, an indefinite delivery/indefinite quantity, multiple-award contract for use by military services, the Department of Defense, the intelligence community and other federal agencies.