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Business/Financial

GD Divesting Satellite Antenna Business

By Cal Biesecker

Monday, August 5th, 2019

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GD Divesting Satellite Antenna Business

General Dynamics' SATCOM Technologies unit develops and manufactures a wide range of satellite antennas and terminals. Photo: General Dynamics

Communications & Power Industries LLC (CPI) on Monday said it has agreed to acquire a business unit of General Dynamics [GD] that develops and produces a full spectrum of satellite ground communications products and related services used in commercial, defense and scientific applications. Terms of the deal, which is expected to close this year, were not disclosed. The SATCOM Technologies business unit has about 1,000 employees. SATCOM Technologies products and solutions include medium-fixed and mobile antennas, very small aperture terminals…

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