Kratos to Buy CPI’s Satellite Antenna Business; Phil Carrai Quoted

Jun 17, 2020 - GovCon Wire
Mergers and Acquisitions

Kratos Defense and Security Solutions (Nasdaq: KTOS) has agreed to acquire Communications & Power Industries’ ASC Signal Division subsidiary for $35M in cash as part of efforts to expand its antenna systems and other offerings across the space ground sector and expand support for defense missions and intelligence operations.