Viasat to Sell Its Link 16 Tactical Data Links Business to L3Harris Technologies for $1.96 Billion

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Go back to Viasat to Sell Its Link 16 Tactical Data Links Business to L3Harris Technologies for $1.96 Billion

ViaSat (VSAT) Deal to Sell Link 16 Tactical Data Links Business a 'Clear Net Positive' - Morgan Stanley

October 3, 2022 12:01 PM EDT

Morgan Stanley analyst Landon Park reiterated an Equalweight rating and $34.00 price target on ViaSat (NASDAQ: VSAT) after the company agreed to sell 16 Tactical Data Links business to L3Harris for $1.958bn with expected net proceeds of $1.8bn. The analyst notes the trailing deal
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