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SES completes $450M purchase of Leonardo DRS satellite biz
Deal doubles Reston satcom company's federal portfolio
Reston-based satellite telecommunications company SES Government Solutions has completed its $450 million acquisition of Arlington-based Leonardo DRS Inc.’s Global Enterprise Solutions satellite communications subsidiary following receiving regulatory approval. SES Government
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Leonardo DRS to sell satellite business for $450M
Deal to close in second half of 2022
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Arlington-based Leonardo DRS Inc., a subsidiary of Italian defense contractor Leonardo SpA, has agreed to sell its satellite communications business to SES for $450 million, according to a news release.