Covington Assists CPI in its Acquisition of GD's Satellite Antenna Systems Business
August 7, 2019
WASHINGTON—Covington’s Government Contracts and Communications regulatory practices are representing Communications & Power Industries LLC (CPI) in its recently announced deal to acquire SATCOM Technologies, the antenna systems business of General Dynamics Mission Systems, Inc., a business unit of General Dynamics.
SATCOM Technologies designs, manufactures and installs satellite communications antenna systems used in commercial, defense and scientific applications, as well as provides related radio frequency products and electronics, including feed components, amplifiers, converters, antenna control systems, and engineering and installation services. This business will complement CPI’s existing portfolio of communications products for government, military and commercial applications.
CPI is a global manufacturer of electronic components and subsystems focused primarily on communications and defense markets. They develop, manufacture and globally distribute innovative and reliable technology solutions used in the generation, amplification, transmission and reception of microwave signals for commercial and military applications.
The deal is expected to close before the end of 2019, subject to customary closing conditions.
The Covington regulatory team assisting CPI in this deal is led by government contracts partner Scott Freling and associate Ryan Burnette. Other members of the team include partner Matt DelNero, special counsel Alex Hastings, and associates Thom Parisi, Ian Brekke, Dan Farnoly, and Carl Wiersum.
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