How it started
History
Herschel Matheny and Dr. Stephen Gilbert founded Dynetics in 1974. During the 1980s, Dynetics expanded to include electro-optic and infrared sensors, missile systems analysis and design, software development, modeling and simulation, and foreign materiel exploitation of radars, missiles, and missile seekers.
In the 1990s, Dynetics continued to grow its core business and expanded into the automotive supply industry as a provider of electrical test systems. Since 2000, Dynetics has been selling information technology (IT) and cybersecurity services, including winning a contract to provide IT services to NASA's Marshall Space Flight Center (MSFC). The company entered the space business with the development of the FASTSAT (Fast Affordable Science and Technology Satellite) nanosatellite and the purchase of Orion Propulsion. Its space business continued to grow with a 2013 selection to compete for the Space Launch System Advanced Booster design contract with NASA.
On December 27, 2019, Leidos announced the purchase of Dynetics for US$1.65 billion, and acquisition was complete on 31 January 2020.
From Wikipedia’s article on Dynetics, shared under CC BY-SA 4.0.2