Announced
Completed
Financials
Tags
antenna systems
Majority
Private
Friendly
Telecommunications Equipment
Single Bidder
United States
Acquisition
Completed
Synopsis
Kratos Defense & Security Solutions, a defense contractor and security systems integrator, completed the acquisition of ASC Signal, a manufacturer of high-performance, highly engineered antenna systems, from Communications & Power Industries, a global manufacturer of electronic components and subsystems, for $35m. "The addition of ASC provides an important building block for Kratos’ continued growth as the industry’s broadest supplier of advanced products across the ground segment. Beyond the strong product lines and North American manufacturing base, it brings the ability for us to advance our strategy of building important ground segment technologies directly into antennas and better integrating antennas into increasingly virtualized ground systems. In addition, the acquisition brings engineering expertise and a product platform for growing Kratos’ solutions in the Q and V band markets that will become a critical part of the industry’s future," Phil Carrai, Kratos President of Space, Training and Cybersecurity Division.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.