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General Dynamics buys cloud service firm
Reuters
Last Updated IST

General Dynamics Corp said on Monday it acquired Network Connectivity Solutions Corp, a supplier of cloud computing and other information technology services to US Department of Defense agencies.

The maker of ships and tanks said the acquisition would help it expand services that can help the Pentagon cut costs. General Dynamics did not disclose the deal's value in its statement but said the purchase is expected to add to earnings in 2012.

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(Published 18 July 2011, 20:49 IST)