All verified mentions of this organization in source documents.
SES acquired DRS GES on 1 August 2022.
SES acquired DRS Global Enterprise Solutions to strengthen its position in serving the US Government market.
SES GS acquired DRS Global Enterprise Solutions (GES) from Leonardo DRS for $450,000,000.
SES completed the $450,000,000 acquisition of DRS GES, expanding SES’s revenue base in the Government segment.
SES completed its acquisition of DRS Global Enterprise Solutions on 2022-08-01, in a deal that would double SES’s government business.
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.
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 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.
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.
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.
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’s satcom unit is the only business unit that provides strictly services.
Leonardo DRS provides managed satellite communications services to the U.S. Department of Defense and other government agencies.
The boards of directors of Leonardo DRS and SES approved the sale of the DRS GES business to SES.
Leonardo DRS Global Enterprise Solutions is a business unit of defense contractor Leonardo DRS that provides managed satcom services to the Defense Department and other government agencies.