Announced
Completed
Financials
Tags
Private
United States
Acquisition
Completed
defence technology
Domestic
logistics
Defense
Friendly
system and software engineering
program management
Single Bidder
Majority
Synopsis
Kratos Defense & Security Solutions, a National Security Solutions provider, completed the acquisition of 5-D Systems, a CMMI Level 3 Systems and Software Engineering company. Financial terms were not disclosed. “The acquisition of this long-term teammate enables us to immediately achieve our goal, while seamlessly complementing and expanding our engineering team with capability and credentials to help with our continually growing unmanned tactical and target system development efforts. 5-D brings specific new capabilities to Kratos with their legacy manned conversion and larger aircraft experience including the QF-4, with the associated runway takeoff and landing modes that have direct application on several Kratos pursuits. We are excited about being well-positioned with a Kratos technology center near several key customers and with the continuing expansion of our capability and experience in high performance unmanned jet drone systems,” Eric DeMarco, Kratos President and CEO.
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