One of Tampa Bay’s largest defense contractors is being acquired by the information technologies division of global aerospace and defense giant General Dynamics. This strategic acquisition of Iron EagleX comes approximately a year after General Dynamics Information Technology (GDIT) launched a digital accelerator program aimed at investing in artificial intelligence, machine learning, cloud computing, and cybersecurity.
While the financial details of the transaction remain undisclosed, GDIT will inherit Iron EagleX’s impressive $430 million, 10-year contract with U.S. Special Operations Command (SOCOM), which was secured in late 2022. SOCOM, headquartered at MacDill Air Force Base in Tampa, has been a significant focus for GDIT since its expansion into this area through the acquisition of Arma Global in 2014.