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Kratos To Acquire Integral Systems For $236 Million

DDN

Thursday, June 2nd, 2011

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Kratos Defense & Security Solutions, Inc. [KTOS], recently said it has agreed to acquire Integral Systems, Inc. [ISYS] for $235.5 million in cash and stock in a deal that significantly boosts the company's position in the satellite and space communications and related situational awareness market while also adding new customers in these areas. Integral Systems, which Kratos estimates will do about $175 million in sales, develops and produces software, products and solutions related to communications and network situational awareness for…

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