---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-003793"
form_type: "8-K"
ticker: "VSAT"
cik: "0000797721"
company_name: "VIASAT INC"
filed_at: "2023-01-09T23:59:59+00:00"
generated_at: "2026-06-20T18:23:35.514343+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Viasat completes sale of Link 16 TDL business to L3Harris for $1.96B in cash

## Summary
- Sale closed Jan 3, 2023 for ~$1.96B cash; net proceeds expected ~$1.8B after taxes, fees and expenses.
- Net proceeds to reduce net leverage and increase liquidity; supports shift to global satellite services.
- Link 16 TDL business had ~$400M revenue and ~$125M Adjusted EBITDA for the 12 months ended June 30, 2022.
- Viasat’s Government Systems to focus on broadband satcom, cybersecurity, and space-based technology.
- Pending Inmarsat acquisition remains subject to regulatory approvals; pro forma financials reflect combined impacts.

## SEC filing metadata
- accession: 0001193125-23-003793
- form_type: 8-K
- ticker: VSAT
- cik: 0000797721
- company_name: VIASAT INC
- filed_at: 2023-01-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/797721/000119312523003793/0001193125-23-003793-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/797721/000119312523003793/d445363d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-003793
- JSON: https://secwatch.observer/filing/0001193125-23-003793.json
- Plain text: https://secwatch.observer/filing/0001193125-23-003793.txt

## Key facts
- M&A Transactions
  VIASAT INC completed a disposition involving L3Harris Technologies, Inc. for $1.96 billion in cash (closed 2023-01-03).
  - Action: disposition
  - Counterparty: L3Harris Technologies, Inc.
  - Consideration: $1.96 billion in cash
  - Closing: 2023-01-03
  source text: On January 3, 2023, Viasat completed the sale of the Link 16 TDL Business for approximately $1.96 billion in cash (subject to certain adjustments).
  evidence_url: https://www.sec.gov/Archives/edgar/data/797721/000119312523003793/0001193125-23-003793-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
