SES completed the acquisition of DRS Global Enterprise Solutions from Leonardo DRS for $450m.

SES, a Luxembourgish satellite and terrestrial telecommunications network provider, completed the acquisition of DRS Global Enterprise Solutions, a satellite services provider, from Leonardo DRS, a US-based defense contractor, for $450m. "This investment reinforces our commitment to provide industry-leading solutions and services for government customers while delivering sustained growth for SES in a high-value segment in which we have a track record of partnership and success. I have long admired GES and its culture of long-standing relationships built on the delivery of high-performance, reliable, and mission critical connectivity solutions across the US Government. They are a best-in-class solutions provider and the combination with our own SES Government Solutions business will allow SES to serve the US Government with an expanded and enhanced set of advanced connectivity and network solutions leveraging the world’s largest multi-orbit satellite fleet," Steve Collar, SES CEO.