Deal Details

North Point Defense Is Acquired by General Atomics

Industrial
Technology & Services

North Point Defense acquisition by General Atomics

Summary

North Point Defense (“NPD” or the “Company”) has been acquired by General Atomics (“GA”). Terms of the transaction have not been disclosed.

Baird served as exclusive financial advisor to North Point Defense on this transaction.

About

North Point Defense is a leading provider of software-enabled Signals Intelligence (SIGINT) products and solutions. NPD delivers AI / ML-based autonomous signal processing and data dissemination solutions providing real-time actionable intelligence for tactical and national mission priorities. Leveraging RDT&E, NPD recognizes ISR needs and engineers critical solutions, including Archer, an advanced radar and sensor network to monitor North American airspace. The Company is headquartered in Rome, New York.

General Atomic’s acquisition of NPD illustrates the following themes in Defense & Government M&A: (1) proliferation of software-enabled hardware; (2) increasing momentum in DefenseTech - innovative, cost-effective, and rapidly delivered solutions; and (3) strategic buyer prioritization of products that are aligned with major national security initiatives, such as the Golden Dome.

GA is a defense and diversified technologies company, founded in 1955 as a division of General Dynamics and acquired by the Blue family in 1986. GA and affiliated companies operate on five continents. GA and affiliates produce unmanned aircraft and airborne surveillance systems, satellite surveillance, electro-magnetic rail gun, high power laser, hypervelocity projectile, and power conversion systems. GA is a leader in nuclear fusion research, next-generation nuclear fission, and advanced materials technologies. GA comprises over 13,000 employees and is headquartered in San Deigo, California.

Industrial
Technology & Services

North Point Defense acquisition by General Atomics