Industry consolidation: Light Armored Vehicles Patria case



pandur ii produced steyr-daimler-puch spezialfahrzeuge, part of general dynamics european land combat systems, parent company of mowag of switzerland , santa bárbara sistemas of spain.


general dynamics u.s leader in infantry vehicles, so-called mechanized infantry. general dynamics detected growth opportunity in nato , european armored vehicles market. after 2002 general dynamics planned profitable campaign of acquisitions of smaller european defense companies. between 2002 , 2003 general dynamics bought could. mowag in switzerland, steyer-daimler-puch speazialfahrung in austria, santa barbara in spain. general dynamics tried big shot: in 2004 launched hostile takeover of u.k alvis plc, bae reacted, , kept alvis under british control, later renamed bae systems land , armaments.


in 5 years general dynamics shares grew $30 $90. turnover of company climbed $13 billion in 2002 $32 billions in 2009.








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