Kratos Defense & Security Solutions completed the acquisition of the engineering division of Southern Research for $80m.

Kratos Defense & Security Solutions, a national security solutions provider, completed the acquisition of the engineering division of Southern Research, a not-for-profit research organization, for $80m. "Kratos continues to lean forward to develop and acquire capabilities and solutions that expand our ability to support a diverse range of national security customers. We are very excited about the technical capabilities and synergies gained through this acquisition. Kratos SRE will continue to provide independent, unbiased laboratory and ground testing evaluation for unique and critical materials, and we will be working to expand Kratos SRE’s testing and technology maturation offerings to include affordable live fire tests using Kratos’ family of proven subscale launch vehicles. I am confident that our similar cultures and values will enable a smooth transition and lead to collaborative business opportunities with the Navy and other customers. Establishing Kratos SRE as our Advanced Concepts group demonstrates our commitment to Alabama and the growing aerospace and defense community in Birmingham,” Dave Carter, Kratos’ Defense & Rocket Support Services Division President.