SES completes $450M acquisition of DRS Global

Deal will double SES’ US government revenue, analysts say

Telecommunications company SES (EPA: SESG) and subsidiary Reston, Va.-based SES Government Solutions announced Monday the acquisition of Richmond, Va.-based satellite communications provider DRS Global Enterprise Solutions in a deal valued at $450 million. Under the deal, DRS will become part of SES GS. WHY IT MATTERS: The acquisition — originally announced in March — closed […]

Already subscribed, click below. 

Exit mobile version