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Business/Financial

Veritas To Acquire CAES Space Systems

By Cal Biesecker

Friday, October 14th, 2022

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Veritas To Acquire CAES Space Systems

Mike Elias, senior vice president and general manager, CAES Space Systems. Photo: CAES

The private equity firm Veritas Capital last Thursday said it has agreed to acquire CAES Space Systems from CAES, which is part of Britain’s Cobham Ltd. Terms of the deal, expected to close in the first quarter of 2023 subject to regulatory approvals, were not disclosed. CAES Space Systems is based in Colorado Springs, Colo., and also has operations in New Hampshire, New York and Sweden. The company’s products include radiation hardened components, mission processing, cabling, wave guides, antennas, and…

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