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Viasat’s $9.9b bid to become world’s biggest satellite company

Matthew Cranston
Matthew CranstonUnited States correspondent

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Washington| Gaining the trust of Western governments – particularly Australia – is now the chief priority for winning defence deals, securing foreign investment approval and locking in reliable supply chains, says the chief executive of US satellite company Viasat, Rick Baldridge.

Viasat is seeking foreign investment approval under Australia’s national security test for its $US7.4 billion ($9.9 billion) takeover of British satellite company Inmarsat, which would make it the largest satellite communications business in the world.

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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com

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    Original URL: https://www.afr.com/technology/viasat-s-9-9-billion-bid-to-become-world-s-biggest-satellite-company-20220331-p5a9jv