CPI Buys General Dynamics SATCOM Technologies
Friday, June 05, 2020 | Comments

Communications & Power Industries (CPI) completed the purchase of SATCOM Technologies, the antenna systems business of General Dynamics Mission Systems, a business unit of General Dynamics. The transaction was funded using a new committed debt financing.

The value of the acquisition was not released.

The newly acquired business, which consists of about 1,000 employees, as well as facilities in the United States, Europe and India, will be called CPI Satcom & Antenna Technologies. The business 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, to offer customers a broad and deep portfolio of satellite communications (satcom) antenna systems and related products for use in defense, communications and scientific applications.

The organization's executive management team will remain in place and report to Andrew Ivers, CPI's chief operating officer (COO).

"As recent events have shown, communications play an indisputably vital and necessary part of modern life, and satellite communications capabilities are more critical than ever," said Bob Fickett, president and CEO of CPI. "With the addition of CPI Satcom & Antenna Technologies, our antenna systems portfolio now ranges from very small aperture terminal (VSAT) antennas to portable common data link antennas to very large, complex earth station antennas, and 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."

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