Tag: Ben Goodwin

SAN DIEGO—Kratos Public Safety & Security (PSS) division on March 19 announced it received a new $7.8 million critical infrastructure security system contract award. Kratos will design, engineer, deploy and integrate into command and control infrastructure a leading technology security system for an unspecified mass transportation authority in a major city and metropolitan area in the United States. The security system will include video surveillance, analytics, access control and other specialized...

SAN DIEGO—The Public Safety & Security Solutions division of Kratos Defense & Security Solutions will design, engineer, deploy and integrate surveillance, analytics, access control and other security system components in the new World Trade Center, the company announced Dec. 3.Kratos was awarded $4.25 million in security integration contracts for tenant security systems in the new trade center building, according to the release.“The entire PSS team is honored to have received these important...

Kratos announced� this morning that Jack Turley has joined the company as VP of Strategic Development, responsible for all marketing, vertical market development, and strategic alliances for systems integration business. . Most recently, Turley was the VP of Sales & Marketing for Gallagher Security, and before that, he was VP of Sales & Marketing for Aronson Security Group, the West Coast ASG. In a prepared statement, Kratos PSS president Ben Goodwin said: "Jack has a strong background in...

SAN DIEGO—Kratos Defense & Security, which last year beefed up its systems integration business with the acquisition of Henry Brothers, on Dec. 30 paid $20 million cash to buy the security integration business of “one of its most formidable competitors.”While the Kratos announcement does not name the competitor, sources tell Security Systems News that the company is Ingersoll Rand Security Systems, the systems integration arm of Ingersoll Rand Security Technology. Contacted by Security...

PALM SPRINGS, Calif.—With the official close of the Kratos/Henry Brothers deal on Dec. 15, the integration of Henry Brothers is underway and Jim Henry, former owner of Henry Brothers, will attend the Kratos' annual management off-site meeting which kicks off here today. “This is a meeting hosted by Eric DeMarco, our CEO, which brings in the senior management of the company to discuss strategy, synergies between operating units and financial planning and projections,” Ben Goodwin,...

SAN DIEGO—Kratos Defense & Security Solutions announced Dec. 16 that it has completed its acquisition of Henry Bros. Electronics. Under the terms of the transaction, HBE stockholders will receive $8.20 in cash for each share of HBE common stock they own. The close was delayed for a few days as the result of a settlement of a lawsuit. It was originally scheduled to close Dec. 9. A Dec. 16 Kratos statement notes that “HBE is a leading pure play provider of homeland security solutions, products,...

FAIRLAWN, N.J.—The agreement, announced Oct. 6, that Kratos Defense Security Systems would acquire Henry Brothers Electronics for $45 million started with a tap on the shoulder at ISC West. “That was where I was first introduced to the idea,” Jim Henry, CEO of Henry Brothers told Security Systems News. “The guys from Imperial Capital [John Mack, Jeff Kessler, Michael McManus] had been noodling on the potential synergies between the two companies before they approached me...