Search

Kratos Acquires Aerial Target Company Sierra Technical Services

Kratos Acquires Aerial Target Company Sierra Technical Services
Sierra Technical Services' 5GAT aerial target drone. Photo: STS

Kratos Defense & Security Solutions [KTOS] this week said it has acquired the aerial target drone company Sierrea Technical Services, Inc. (STS), which is developing a next-generation aerial target for the Defense Department. Kratos, in an Oct. 3 filing with the Securities and Exchange Commission, said it is issuing more than 1.8 million shares of its stock for the STS deal. Jefferies aerospace and defense analyst Sheila Kahyaoglu said Oct. 5 in a note to clients that the deal price…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]


Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]


Army Taking ‘More Refined’ Approach On Push For Right To Repair Reforms, Obadal Says

After lawmakers decided against including major “right to repair” reforms in the latest defense policy bill, a senior Army official has said the service is continuing its push for authorities […]


Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]