Daily News

Kratos to sell public safety and security system integration business

March 1, 2018 at 10:59 AM
Kratos Defense & Security Solutions said Wednesday it has agreed to sell its public safety and security system integration business for $69 million to Securitas Electronic Security. Eric DeMarco, Kratos' chief executive, said the move is intended to focus the contractor on high-tech defense products and systems, including drones, satellite communications and missile defense. "I'm absolutely convinced [by] what we see coming in our satellite business, our training business, our microwave electronics business and our unmanned business," he told analysts...

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