Leonardo DRS is a defense solutions provider and technology innovator that operates in the space, air, sea, land, and cyber domains. Within the space industry, Leonardo DRS specializes in advanced electro-optical infrared sensors and technology solutions for a wide range of spacecraft and space missions. The company is a leading manufacturer of space electronic systems and partners with organizations like NASA, DARPA, and the U.S. military. Keywords associated with Leonardo DRS include advanced sensing, space mission systems, and electro-optical infrared sensors.
All verified mentions of this organization in source documents.
DRS Global Enterprise Solutions, as an integrator, was vendor agnostic and provided satcom services from multiple operators of satellites in geostationary, medium, and low Earth orbits.
Before the sale to SES, DRS Global Enterprise Solutions was a business unit of Leonardo DRS and one of a handful of network integrators that provide managed satcom services to the Defense Department and other government agencies.
SES completed the acquisition of DRS Global Enterprise Solutions from Leonardo DRS for $450,000,000 on 2022-08-01.
SES completed the acquisition of DRS Global Enterprise Solutions from Leonardo DRS for $450,000,000 on 2022-08-01.
SES and its wholly-owned subsidiary SES Government Solutions completed the acquisition of DRS Global Enterprise Solutions from Leonardo DRS for $450,000,000 after obtaining all necessary regulatory approvals.
The DRS GES business was combined with SES Government Solutions to create a scaled solutions provider serving multi-orbit satellite communications needs of the US Government.
SES acquired Leonardo DRS Global Enterprise Solutions for $450,000,000 to expand its military business.
SES announced plans on 2022-03-22 to buy U.S. government satcoms provider Leonardo DRS.
SES S.A. agreed to acquire DRS Global Enterprise Solutions (GES), a US-based subsidiary of Leonardo DRS, for $450,000,000.
SES-26 will serve as a platform for supporting government communications solutions and will be synergistic with SES’s acquisition of DRS GES.
Leonardo DRS sold its satellite communications business to SES for $450,000,000.
Leonardo DRS provides managed satellite communications services to the U.S. Department of Defense and other government agencies.
Leonardo DRS’s satcom unit is the only business unit that provides strictly services.
Leonardo DRS has shifted its portfolio focus and is divesting the DRS GES business unit.
SES plans to organize the acquired DRS GES business unit under SES Government Solutions (SES GS), a wholly-owned subsidiary of SES.
The boards of directors of Leonardo DRS and SES approved the sale of the DRS GES business to SES.
Leonardo DRS Inc. signed a definitive agreement to sell its Global Enterprise Solutions (DRS GES) business to SES for $450,000,000.
The deal to sell Leonardo DRS Global Enterprise Solutions to SES is expected to be completed by the second half of 2022 subject to regulatory approvals.
Leonardo DRS is selling its satcom business, Leonardo DRS Global Enterprise Solutions, to commercial satellite operator SES for $450,000,000.
Leonardo DRS Global Enterprise Solutions is one of a handful of network integrators that provide managed satcom services to the Defense Department and other government agencies.