ViaSat, a global communications company that has contracts with the Department of Defense, announced its acquisition of Horsebridge Defence and Security, a UK-based firm focused on design, system integration and support of deployable secure networks.
ViaSat said that the acquisition will give the California-founded company greater military communications integration expertise and access to the UK defense market through the relationships Horsebridge Defence and Security has with the UK Ministry of Defence (MOD) and UK Armed Forces.
“By acquiring Horsebridge Defence and Security, we hope to accelerate the trajectory of our ability to support UK defence operations,” said Ken Peterman, president of government systems at ViaSat.
“By combining our strengths with the deep domain expertise of the Horsebridge Defence and Security team, we intent to reliably extend commercial, military or emergency service networks to the tactical mobile edge.”
The financial details of the deal will not be disclosed, ViaSat said. However, the company does not expect the transaction to materially affect its non-GAAP (adjusted) earnings for the 2019 fiscal year.
ViaSat’s Defense Department contracts include a $13.7 million Defense Information Systems Agency contract in 2017 to provide ground transceivers and a $33.3 million Air Force contract for anti-jam satellite technology.
Maddy is a senior at George Washington University studying economics.