M&A Deal Summary

Kratos Acquires CPI ASC Signal Division

On June 30, 2020, Kratos acquired technology hardware company CPI ASC Signal Division from CPI

Acquisition Highlights
  • This is Kratos’ 1st transaction in the Technology Hardware sector.
  • This is Kratos’ 11th transaction in the United States.
  • This is Kratos’ 1st transaction in Texas.

M&A Deal Summary
Date 2020-06-30
Target CPI ASC Signal Division
Sector Technology Hardware
Buyer(s) Kratos
Sellers(s) CPI
Deal Type Divestiture

Target

CPI ASC Signal Division

Plano, Texas, United States
CPI ASC Signal Division is a provider of earth station antennas that are an important part of government strategic and tactical communications, especially for defense and intelligence operations, and are also used widely in the commercial world. ASC products also include radar antennas for air traffic control and weather applications, as well as High-Frequency (HF) and specialty antennas.

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Buyer(S) 1

Buyer

Kratos

San Diego, California, United States
Category Company
Founded 1994
Sector Defense
Employees3,900
Revenue 1.0B USD (2023)
DESCRIPTION
Kratos' corporate headquarters in San Diego, California.
Kratos' corporate headquarters in San Diego, California.

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.

DEAL STATS #
Overall 11 of 13
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 2
State (Texas) 1 of 1
Country (United States) 11 of 13
Year (2020) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-28 Kratos Defense & Security Solutions - Kratos Public Safety and Security

San Diego, California, United States

Kratos Defense & Security Solutions - Kratos Public Safety and Security is a provider of advanced integrated security technology and systems.

Sell $69M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-20 5-D Systems

Huntsville, Alabama, United States

5-D Systems, Inc. (5-D) specializes in systems and software engineer for unmanned aviation systems programs, manned aviation systems programs, and missile systems programs. 5-D provides the U.S. Government, allied governments, prime contractors, and commercial aerospace companies with a vast array of engineering and logistics services focused on systems, hardware, software, integration, and test. 5-D Systems, Inc. was founded in 1999 and is based in Huntsville, Alabama.

Buy -

Seller(S) 1

SELLER

CPI

Plano, Texas, United States
Category Company
Founded 1995
Sector Electrical Equipment
Employees1,490
DESCRIPTION

CPI is a designer and manufacturer of electronic components, subsystems and antenna systems for the communications, government, medical and scientific markets. CPI provides technology solutions used in the generation, transmission and reception of signals used in both commercial (broadband internet, in?flight connectivity) and government (earth observation, satellite communications) applications. CPI was founded in 1995 and is based in Plano, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-05 General Dynamics Mission Systems - Satellite Communications Antenna Business

Fairfax, Virginia, United States

General Dynamics Mission Systems - Satellite Communications Antenna Business is a designer, manufacturer and installs satellite communications antenna systems used in commercial, defense and scientific applications, as well as provides related radio frequency products and electronics, including feed components, amplifiers, converters, antenna control systems, and engineering and installation services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-06 L3 ESSCO

Ayer, Massachusetts, United States

L3 ESSCO is a manufacturer of metal space frame ground radomes that support a variety of applications, including air defense, weather radar, air traffic control, and satellite telemetry and tracking. L3 ESSCO is based in Ayer, Massachusetts.

Buy -
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