Antitrust Lawyer Blog Commentary on Current Developments

Commission Approves Application for Proposed Divestiture in Matter of General Dynamics/SNC

On February 27, the FTC approved a petition from General Dynamics Corporation (“General Dynamics”) to divest its 50% interest in American Ordinance LLC (“AO”). The divestiture was required to maintain competition in the U.S. and Canadian markets for melt-pour load, assemble, and pack (“LAP”) services. Through its petition, General Dynamics requested Commission approval to divest its interest in AO to Day & Zimmerman, Inc. (“DZI”), or one or more direct or indirect wholly owned subsidiaries of DZI. DZI currently owns the other 50 percent interest in AO, which operates the Milan Army Ammunition Plant (“AAP”) in Tennessee and the AAP in Middletown, Iowa. By a vote of 5-0, the Commission approved the proposed divestiture to DZI.
Robert Doyle
(202) 589-1834
rdoyle@dbmlawgroup.com