Falls Church, Virginia, US – General Dynamics (NYSE: GD) and the Carlyle Group (a private equity firm), have entered into a definitive agreement for General Dynamics to acquire AxleTech International. AxleTech International is a global manufacturer and supplier of axles, axle components, planetary axles, independent suspensions, brakes and aftermarket parts for military vehicles, commercial specialty trucks, and off-highway machines used in the construction, material handling, forestry, mining and agricultural markets.
The proposed acquisition, which has been approved by both companies, wou…