SES Acquires DRS Global Enterprise Solutions (GES) for $450 Million

August 1, 2022

SES has signed a definitive agreement to acquire DRS Global Enterprise Solutions (GES), a US-based subsidiary of Leonardo DRS, for $450 million. Upon completion—targeted for the second half of 2022 pending regulatory approvals—GES will be combined with SES Government Solutions (SES GS) to expand and enhance satellite communications integration and advanced multi-orbit network solutions for US Government customers.

Buyers
SES, SES Government Solutions (SES GS)
Targets
DRS Global Enterprise Solutions (GES)
Sellers
Leonardo DRS
Location
Virginia, United States
Transaction Type
Divestiture

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