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SES Completes $450 Million Purchase Of Leonardo DRS’ Satellite Communications Unit

Cal Biesecker By
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SES Completes $450 Million Purchase Of Leonardo DRS’ Satellite Communications Unit
David Fields, president and CEO of SES GS. LinkedIn photo

SES S.A. on Monday said it has completed its $450 million acquisition of DRS Global Enterprise Solutions (GES) in a deal that doubles the size of its U.S. government business. DRS GES was a business unit of U.S.-based Leonardo DRS, which divested the operation to focus on its core capabilities. SES, which is based in Luxembourg, said it is combining the former DRS business unit with its Government Solutions to create a scaled solutions provider of multi-orbit geostationary and medium…

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