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Business/Financial

Kratos To Acquire CPI’s Antenna Business

By Cal Biesecker

Tuesday, June 16th, 2020

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Kratos To Acquire CPI’s Antenna Business

Earth station antenna supplied by CPI. Photo: CPI

Kratos Defense & Security Solutions [KTOS] on Tuesday said it has agreed to acquire the ASC Signal division from Communications & Power Industries (CPI) for $35 million in cash, a deal that gives its antenna products that fit into its business in the ground segment supporting space-based systems. CPI is required by U.S. anti-trust regulators to divest its ASC Signal antenna business as a condition of its recent acquisition of the former satellite communications technology business of General Dynamics [GD].…

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