PALO ALTO, Calif., Aug. 5, 2019 /CNW/ -- Communications &
Power Industries LLC (CPI) has entered into an agreement to
purchase 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.
"Satellite communications technology plays a vital role in
modern communications, serving the seemingly insatiable thirst for
more bandwidth and greater speeds," said Bob Fickett, president and chief executive
officer of CPI. "Acquiring SATCOM Technologies enables us to
provide CPI's customers with a wide range of complementary
products, capabilities and resources to support this dynamic and
growing market, making it an excellent fit for CPI. These
capabilities and resources include extensive expertise in VSAT
(very small aperture terminal), large and medium communications
antennas, and very large, complex antenna systems. We look
forward to welcoming the business's management and employees to the
CPI family."
The acquisition is expected to close before the end of calendar
year 2019, subject to customary closing conditions. Financial
terms of the agreement were not disclosed.
About Communications & Power
Industries
Communications & Power Industries (CPI) is a
global manufacturer of electronic components and subsystems focused
primarily on communications and defense markets. With a
heritage of technological excellence that spans decades, CPI
develops, manufactures and globally distributes innovative and
reliable technology solutions used in the generation,
amplification, transmission and reception of microwave signals for
commercial and military applications. CPI serves customers in
the communications, defense, medical, industrial and scientific
markets. CPI consists of Communications & Power
Industries LLC, headquartered in Palo
Alto, California, and Communications & Power Industries
Canada Inc., located in Ontario,
Canada. Learn more about CPI at www.cpii.com.
About General Dynamics Mission Systems
General
Dynamics Mission Systems is a business unit of General Dynamics
(NYSE: GD). For more information about General Dynamics Mission
Systems, please visit gdmissionsystems.com and follow us on
Twitter @GDMS.
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SOURCE CPI International, Inc.