Lockheed Martin to acquire Deposition Sciences Inc.

Bethesda, Maryland – Lockheed Martin has entered into a definitive agreement to acquire Deposition Sciences Inc. (DSI), a provider of thin film coatings.

 

Subject to the satisfaction of customary closing conditions, the acquisition is expected to close within 30 days. The terms of the agreement were not disclosed and are not material to Lockheed Martin operations. DSI will be integrated into the Aeronautics business area.

 

Located in Santa Rosa, Calif., DSI has approximately 85 employees and is a 100% owned subsidiary of Advanced Lighting Technologies Inc. (ADLT). The company uses various deposition technologies and processes to produce thin film coatings for a variety of industrial applications.

 

DSI's optical coatings services and capabilities range from the ultraviolet (UV), through the visible (VIS), near infrared (NIR), shortwave infrared (SWIR), midwave infrared (MWIR) and out to the far infrared (FIR), or the long-wave infrared (LWIR) spectral wavelengths.

 

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 113,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation’s net sales for 2013 were $45.4 billion.