Defense contractor General Dynamics plans to divest its satellite antenna operations in an effort to focus its tech division on military and government services.
Communications & Power Industries, a Southern California electronics manufacturer, announced an agreement to acquire SATCOM Technologies for an undisclosed price.
SATCOM, which operates six facilities across North Carolina, Pennsylvania and Texas, produces and installs antenna systems for military communications as well as commercial, scientific and industrial applications.
General Dynamics spokesman Tom Crosson told Washington Technology in an email that the deal would allow the Mission Systems segment βto focus on businesses that are more tightly aligned with our defense market core.β
CPI, meanwhile, said the agreement would help it serve the growing satellite communications market.
Bob Fickett, the companyβs president and CEO, said SATCOMβs capabilities would incorporate βVSAT (very small aperture terminal), large and medium communications antennas, and very large, complex antenna systems.β
General Dynamics Sells Off Antenna Business
Communications & Power Industries reached an agreement to acquire SATCOM Technologies from the defense giant.
Aug 9, 2019
General Dynamics Mission Systems Inc.
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