Announced
Financials
Sources
Tags
Internet
Pending
United Kingdom
satellite devices
Majority
Friendly
Acquisition
Single Bidder
Private
Synopsis
Comtech, a satellite telecommunications company, agreed to acquire CGC Technology, a provider of high precision full motion fixed and mobile X/Y satellite tracking antennas, reflectors, radomes and other ground station equipment, for $24m. "With significant growth in LEO and MEO satellite constellations expected, the acquisition adds another growth dynamic to Comtech and brings immediate relationships with several top-tier European aerospace companies and other government entities," Comtech.
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