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Kratos Defense & Security Solutions completed the acquisition of Sierra Technical Services for $27.3m.

Synopsis

Kratos Defense & Security Solutions, a company that specializes in directed-energy weapons, unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, training and combat systems, completed the acquisition of Sierra Technical Services, a company that provides the aerospace and defense industry concept design, digital engineering, manufacturing, and test capability, for $27.3m. “Kratos and Sierra have worked successfully together for years. The agility, speed, and affordability traits inherent at Sierra perfectly align with the Kratos mantra," Steve Fendley, Kratos Defense & Security Solutions President.

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