(CercleFinance.com) – Leonardo DRS today announced the signing of a definitive agreement for the sale of its Global Enterprise Solutions (GES) business to SES for $450 million.
The transaction has been approved by the boards of directors of Leonardo DRS and SES. Completion of the transaction is expected in the second half of 2022.
The DRS GES business is a leading provider of commercial satellite communications to the US government, providing world-class satellite communications and mission-critical security solutions to customers around the world.
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