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Kratos Acquires Public Safety Business

Kratos Defense & Security Solutions [KTOS] yesterday said it has acquired select assets of a critical infrastructure and public safety system integration business from an undisclosed large international public company. Kratos, paid $20 million in cash for the business, said the acquired business is a primary competitor of its Public Safety & Security (PSS) business unit in the United States. Kratos said that similar to PSS, the business it has acquired designs, engineers, deploys, manages and maintains specialty security systems…

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