Further M&A is likely in the high-flying aerospace & defence sector, observers say, following the US$34bn tie-up of tactical communications provider Harris Corp and prime contractor L3 Technologies, a deal that involves overlapping satellite communications and other assets. The tie-up is likely to spur further M&A, including among companies with assets in the commercial space…

The cloud could become one of the biggest revenue drivers for SES’s fixed data business in the next five years as the satellite operator transforms itself towards edge computing, CEO Steve Collar told SatelliteFinance. Its evolution plans could indicate the ultimate trajectory for others in the sector as satellite becomes increasingly intertwined with next generation connectivity...