Kratos - M&A Summary and Business Overview

DefenseCompany

Kratos M&A Summary

Kratos has acquired 15 companies, including 3 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 2 assets.

Kratos’ largest acquisition to date was in 2011, when it acquired Herley Industries for $270M. It’s largest disclosed sale occurred in 2015, when it sold Kratos Defense & Security Solutions - Electronic Products Division to Ultra Electronics Holdings for $265M. Kratos has acquired in 9 different US states. The Company’s most targeted sectors include defense (24%) and aerospace (16%).

Kratos Business Overview

Where is Kratos headquartered?

Kratos is headquartered in San Diego, California.

What is Kratos’ revenue?

Kratos disclosed revenue of 1,037M USD for 2023 and 898M USD for 2022.

How many employees does Kratos have?

Kratos has 3,900 employees.

What sector is Kratos in?

Kratos is a defense company.

When was Kratos founded?

Kratos was founded in 1994.

M&A Summary

  • M&A Total Activity15
    • M&A Buy Activity13
    • M&A Sell Activity2
  • Total Sectors Invested 9
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 7
  • M&A Advisors 3

Kratos

Kratos Defense & Security Solutions, Inc.

10680 Treena Street 6th Floor,
San Diego, California 92131
United States,
(858) 812-7300
www.kratosdefense.com

Kratos is a specialized technology focused security business providing mission critical products, solutions and services for domestic and international customers. The Company designs, engineers and manufactures specialized electronic products, components, subsystems and systems for intelligence, surveillance, and reconnaissance (ISR), electronic attack, electronic warfare, radar, and missile system platforms; integrated product, software and technology solutions for satellite communications; products and solutions for unmanned systems; products and services related to cybersecurity and cyberwarfare; products and solutions for ballistic missile defense; weapons systems trainers; advanced network engineering and information technology services; weapons systems lifecycle support and sustainment; military weapon range operations and technical services; and public safety, critical infrastructure security and surveillance systems. Kratos was formed in 1994 and is based in San Diego, California.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 10 2 - 1 - - 13
vol $427M $80M $507M
Sell (0.0/yr) # 2 - - - - - 2
vol $334M $334M
  15

Most Recent M&A

Company Date Value Type
Southern Research - Engineering Division 2022-05-24 80M USD Divestiture
Birmingham, Alabama
5-D Systems, Inc. 2020-11-20 - Add-on Acquisition
Huntsville, Alabama · www.5dsystems.com
CPI ASC Signal Division, Inc. 2020-06-30 - Divestiture
Plano, Texas · www.ascsignal.com
Kratos Defense & Security Solutions - Kratos Public Safety and Security 2018-02-28 69M USD Divestiture
San Diego, California
Kratos Defense & Security Solutions - Electronic Products Division 2015-08-24 265M USD Divestiture
, Massachusetts
Composite Engineering, Inc. 2012-05-08 - Add-on Acquisition
Sacramento, California · www.cei.to
SecureInfo Corp. 2011-11-15 18M USD Add-on Acquisition
Chantilly, Virginia · www.secureinfo.com
Integral Systems, Inc. 2011-07-28 - Add-on Acquisition
, United States
Herley Industries, Inc. 2011-02-07 270M USD Add-on Acquisition
Lancaster, Pennsylvania · www.herley.com
Henry Bros. Electronics, Inc. 2010-12-15 - Add-on Acquisition
Fair Lawn, New Jersey · www.hbe-inc.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Gichner Systems Group, Inc. 2010-05-19 SCT Acquisition LLC (dba Southside Container & Trailer) 2010-12-07 1
Dallastown, Pennsylvania · www.gichnersystemsgroup.com Walterboro, South Carolina · www.southsidecontainer.com

M&A by Sector

Sector Buy # Value Sell # Value
Defense 3 (23%) 276M (54%) - -
Aerospace 2 (15%) - - -
Business Services 2 (15%) 80M (16%) - -
Electronics 1 (8%) - 1 (50%) 265M (79%)
Building Materials 1 (8%) 133M (26%) - -
Information Technology 1 (8%) 18M (3%) - -
Internet Software and Services 1 (8%) - - -
Software 1 (8%) - - -
Technology Hardware 1 (8%) - - -
Safety/Security - - 1 (50%) 69M (21%)
Total 13 $507M 2 $334M

By Geo

State/Country Buy Value Sell Value
United States 13 507M 2 334M
  Pennsylvania 3 403M - -
  Alabama 2 80M - -
  Virginia 2 18M - -
  California 1 - 1 69M
  Florida 1 6M - -
  Texas 1 - - -
  New Jersey 1 - - -
  Indiana 1 - - -
  Massachusetts - - 1 265M
Total 13 $507M 2 $334M

Top M&A Advisors

Financial Deals
B. Riley Financial
 2
Oppenheimer & Co.
 1
Jefferies
 1

Deal Values

buy # Total
$100M to $1B 2 $403M
< $100M 3 $104M
TOTAL $507M
Largest Herley Industries, Inc.
$270M (2011-02-07)
sell # Total
$100M to $1B 1 $265M
< $100M 1 $69M
TOTAL $334M
Largest Kratos Defense & Security Solutions - Electronic Products Division
$265M (2015-08-24)

M&A Connections

Deals
Acquired from
Investor(s)
8%
1 (8%)
Strategic(s)
15%
2 (15%)
Divested to
Strategic(s)
100%
2 (100%)

Company Summary

SECTOR

Defense

Revenue

1,037   16% 2023
898   11% 2022
812   9% 2021
748   5% 2020
718   17% 2019
618   18% 2018
752   13% 2017
669   2% 2016
657   25% 2015
868   3% 2014
844   13% 2013
969   2012
(millions of USD) Show More Show Less

Employees

3,900

Established

1994

Public

NASDAQ: KTOS

 Subscribe to unlock this and 209,130
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 202K M&A Transactions
  • 205K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Kratos

California Companies , Defense Companies , United States Companies , California Defense Companies , California Defense with Acquisitions , California Defense with Divestitures

Related Lists for California Companies

Largest California Companies , Acquisitive California Companies , Recently Acquired California Companies , Recently Sold California Companies , Private California Companies , Public California Companies , Acquired California Companies , PE Backed California Companies

Related Lists for Defense Companies

Largest Defense Companies , Acquisitive Defense Companies , Recently Acquired Defense Companies , Recently Sold Defense Companies , Private Defense Companies , Public Defense Companies , Acquired Defense Companies , PE Backed Defense Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal