November 17, 2011

Jenner & Block recently represented General Dynamics in its entry into a definitive merger agreement under which the global defense contractor will acquire Force Protection, Inc., for approximately $360 million.  Force Protection, which is located approximately 10 miles west of the Charleston Air Force Base in South Carolina and has approximately 1,100 employees, makes ballistic- and blast-protected vehicles for the United States military.  These vehicles are designed specifically for reconnaissance and urban operations and to protect their occupants from landmines, hostile fire and improvised explosive devices (IEDs, commonly known as roadside bombs).  The company has delivered more than 3,000 vehicles under the U.S. military’s Mine Resistant Ambush Protected vehicle program, and it also provides mine-protected vehicles to foreign customers, including the United Kingdom Ministry of Defence.

General Dynamics will add the manufacturer to its Land Systems division.  That division, located in Sterling Heights, Michigan, employs approximately 8,400 people who design and manufacture Abrams main battle tanks and Stryker infantry combat vehicles.

“Force Protection complements and strategically expands General Dynamics’ armored vehicle business, adding new products to the expansive portfolio of combat vehicles that we currently manufacture and support,” said Mark C. Roualet, president of General Dynamics Land Systems.  “In addition, Force Protection’s skilled workforce provides high-quality support and sustainment services to an installed fleet of approximately 3,000 vehicles, strengthening our ability to support assets deployed with U.S. forces around the world.  With this acquisition, we will create new opportunities to serve domestic and international customers alike.”

The transaction is expected to close by year-end 2011. 

The Firm’s multi-disciplinary team on this matter was led by Partners Brian R. Boch and Joseph P. Gromacki and included Partners Geoffrey M. Davis, E. Lynn Grayson, Donald S. Horvath, C. John Koch, S. Tony Ling, Kevin P. Mullen, Adam Petravicius, Jeffrey R. Shuman, Howard S. Suskin and Marc A. Van Allen; Of Counsel Vito M. Pacione; Associates Ian N. Bushner, Penelope P. Campbell, Jeremy A. Casper, Roxana A. Davis, Donald E. Goff, Marc E. Harrison, Mercedes M. Hill, Trevor W. Holmes, Eugene R. Hsia, Adam R. Kreis, Joshua Rafsky, Phoebe B. Scott, Damien C. Specht, Anna Barreiro Sutti and Allison A. Torrence; and Staff Attorney Matthew J. Weiss.