tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

EchoStar’s Hughes acquires Anderson Connectivity, no terms disclosed

Hughes Network Systems, an EchoStar (SATS) company, announced it has acquired Anderson Connectivity, an aerospace innovator in design, engineering, and manufacturing services based in Melbourne, Florida. This acquisition significantly expands Hughes capabilities, adding key technology & engineering talent and product solutions while positioning the company for accelerated growth in the global aviation, space, and defense markets. The Melbourne, Florida facility-currently holding FAA Part 145 certification and on track to obtain Part 21 certification-will serve as a hub for solution innovation and rapid prototyping. Hughes is committed to making substantial investments in the region.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1