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Viasat Explores Sale of Part of Government Services Unit

  • Working with adviser to field interest in encryption tech arm
  • Division could fetch as much as $1.8 billion in a sale
Viasat Inc. is considering sale of part of its government service unit. 

Viasat Inc. is considering sale of part of its government service unit. 

Source: SOPA Images/ Getty Images

Viasat Inc., the geostationary satellite company, is considering a sale of part of its government services unit, according to people with knowledge of the matter.

The company is working with an adviser to field interest for the part of division that provides encryption technology, which could fetch as much as $1.8 billion, said the people, who asked not to be identified because they weren’t authorized to speak publicly.