HomeTechTelecomViaSat (VSAT) $2B Satellite Deal
ViaSat (VSAT) $2B Satellite Deal

ViaSat (VSAT) is today’s Under 30 stock. In this segment Jenny Horne and Alex Coffey discuss the sale of ViaSat’s (VSAT) Link 16 Tactical Data Links business to L3Harris Technologies (LHX) for just under $2 billion. Kevin Green joins the conversation and explains what the link technologies systems does in the military satellite communications space. Kevin also explains that L3Harris (LHX) will finance the cash acquisition with debt. The deal is expected to close in the first half of 2023, subject to regulatory approvals and other closing conditions.

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