We advised Communications & Power Industries (CPI) upon acquiring SATCOM Technologies, the antenna systems business of General Dynamics. The transaction was funded using a new committed debt financing.
Wide range of products
The newly acquired business will be called CPI Satcom & Antenna Technologies. It 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 defence, communications and scientific applications.
“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. CPI remains committed to providing a broad selection of proven, reliable satellite communications products to meet the needs of commercial, government and military customers around the world, and this acquisition enables us to further strengthen our satcom product offering,” said Bob Fickett, president and chief executive officer of CPI.
Communications & Power Industries (CPI) is a global manufacturer of electronic components and subsystems focused primarily on communications and defence markets. With a heritage of technological excellence that spans decades, CPI serves customers in the communications, defence, medical, industrial and scientific markets.
Our services and project team
Our client team, consisting of partner Piret Jesse, senior associate Piret Lappert and associate Robin Teever, advised the client on Estonian law aspects of the deal.