Headlines
David Broadbent appointed CEO of Europe's SES Space & Defense
Published by Global Banking & Finance Review®
Posted on July 22, 2025
2 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on July 22, 2025
2 min readLast updated: January 22, 2026
David Broadbent is the new CEO of SES Space & Defense, leading the merged divisions of SES and Intelsat to boost European satellite capabilities.
(Reuters) -Luxembourg-based European satellite company SES announced on Tuesday the appointment of David Broadbent as president and CEO of its Space & Defense Organization.
He previously held a similar position at Intelsat, which SES acquired on July 17.
WHY IT'S IMPORTANT
Broadbent will lead the merged government and defence divisions of SES and Intelsat, which collectively operate over 100 satellites across geostationnary, medium earth and low earth orbits, positioning SES as a key European competitor to U.S.-based Starlink alongside French peer Eutelsat.
KEY QUOTE
"Our focus moving forward is to harness the combined strengths of our people, capabilities, and technology to deliver mission-driven outcomes for our government mission partners," Broadbent said in a statement.
"As a unified team, we are uniquely positioned to provide a secure and resilient multi-orbit strategy that advance national security objectives, protect sovereignty, and ensure uninterrupted access to critical communication infrastructure," he added.
BY THE NUMBERS
SES expects to generate 1.8 billion euros ($2.1 billion) in annual operating profit, and to increase revenues by a low to mid-single digit percentage per year to 2028.
"This stronger financial profile is supported by a combined contract backlog exceeding 8 billion euros, providing clear visibility into future revenue streams," it said in a statement announcing the merger.
KEY CONTEXT
The announcement comes as European nations accelerate efforts to bolster independence in defence and satellite technology amid geopolitical tensions with Russia and evolving U.S. foreign policy priorities. Eutelsat recently received a 750 million euros capital infusion from the French government in June, followed by a 163 million euros boost from Britain.
($1 = 0.8549 euros)
(Reporting by Leo Marchandon. Editing by Emelia Sithole-Matarise and Mark Potter)
David Broadbent has been appointed as the president and CEO of SES's Space & Defense Organization.
SES expects to generate 1.8 billion euros ($2.1 billion) in annual operating profit.
The merger combines their government and defense divisions, operating over 100 satellites, which enhances their capabilities in national security.
European nations are accelerating efforts to bolster independence in defense and satellite technology due to geopolitical tensions with Russia and evolving U.S. foreign policy.
Broadbent aims to harness the combined strengths of SES and Intelsat to deliver mission-driven outcomes for government mission partners.
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