Communications & Power Industries LLC (CPI) has acquired SATCOM Technologies, the antenna systems business of General Dynamics Mission Systems, CPI reported on Friday. The transaction was funded using a new committed debt financing.
"With the addition of CPI Satcom & Antenna Technologies, our antenna systems portfolio now ranges from VSAT (very small aperture terminal) antennas to portable common data link antennas to very large, complex earth station antennas,” said Bob Fickett, president and chief executive officer of CPI.
General Dynamics Mission Systems consists of approximately one thousand employees and has facilities in the United States, Europe and India. After the acquisition, the division will work under the name CPI Satcom & Antenna Technologies Inc. The acquired company will be owned and operated as a subsidiary of CPI, and will work closely with CPI's existing antenna systems businesses, CPI Malibu Division and Orbital Systems.
“We offer a wide selection of related products, including feed components, satcom amplifiers, converters and antenna control systems to support defense, communications, astronomy, earth observation and scientific applications," Fickett added.
CPI Satcom & Antenna Technologies will offer customers a broad and deep portfolio of satellite communications antenna systems and related products for use in defense, communications and scientific applications.
"CPI remains committed to providing a broad selection of proven, reliable satellite communications products to meet the needs of commercial, government and military customers around the world, and this acquisition enables us to further strengthen our satcom product offering," concluded Fickett.
President of General Dynamics Mission Systems, Chris Brady, recently received his 2020 Wash100 Award for his work to advance and innovate enterprise data, infrastructure systems and defense programs to help and protect federal agencies, military customers and our nation’s national security and defense.
During an interview with Politico in July 2019, Brady explained that his unit develops a number of satellite payloads for classified programs that are critical to U.S. defense efforts. He noted that the company has developed GPS receivers found in U.S. satellites and is involved in the ground segment for NASA’s Space Network Ground Segment Sustainment program. With the acquisition, CPI will expand upon the company’s satellite offerings.
About Communications & Power Industries
Communications & Power Industries (CPI) is a global manufacturer of electronic components and subsystems focused primarily on communications and defense markets. With a heritage of technological excellence that spans decades, CPI develops, manufactures and globally distributes innovative and reliable technology solutions used in the generation, amplification, transmission and reception of microwave signals for commercial and military applications.
CPI serves customers in the communications, defense, medical, industrial and scientific markets. CPI consists of Communications & Power Industries LLC, headquartered in Palo Alto, California, and Communications & Power Industries Canada Inc., located in Ontario, Canada.