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Viasat Inc., a global leader in satellite communications, today announced it has entered into a definitive agreement to sell its Link 16 Tactical Data...
The seller is in the midst of its own acquisition that also represents industry consolidation.
Viasat's Link 16 Tactical Data Links product line consists of 450 employees and generates approximately $400M in annual sales. The deal is expected to close in the first half of 2023.
The U.K. government approved the Viasat/Inmarsat business combination on Friday under the National Security & Investment Act. This is one step in
Business Secretary Jacob Rees-Mogg waved through the £5.6billion acquisition by Viasat, saying it is no threat to security.