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Tag: Kratos Defense & Security Solutions


Commercial

Securitas to buy Kratos' Public Safety and Security division for $70m

March 1, 2018Paul Ragusa, Editor

STOCKHOLM—Securitas has agreed to acquire the Kratos Public Safety and Security division from Kratos Defense & Security Solutions for approximately $70 million. Closing of the acquisition is subject to regulatory approval, and is expected during the second quarter of 2018.Kratos Public Safety and Security, or KPSS, which has annual sales of approximately $135 million and employs 400 people globally, is to be combined with Securitas Electronic Security.“It's an exciting time for Securitas...

Kratos Defense & Security Solutions, Kratos Public Safety & Security, Securitas ES, Tony Byerly


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Commercial

Kratos wins $4.25m in integration awards

December 3, 2013SSN Staff

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...

Ben Goodwin, Kratos Defense & Security Solutions, World Trade Center


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Commercial

Virtual roundtable on new and emerging technologies

March 23, 2012Martha Entwistle

YARMOUTH, Maine—PSIM, cloud-based services, mobile apps, video analytics, identity management and access control—such new and emerging technologies and issues are changing and shaping the industry. Which ones are advancing most rapidly and are the most important? And what other new technology trends are on the horizon?Security Systems News recently posed those questions to a panel of industry experts who agreed to participate in a virtual roundtable discussion on new technologies. Find...

Bob Sommerfeld, Chris Peckham, Diebold Security, G4S Technology, J. Matthew Ladd, Jeremy Brecher, Kratos Defense & Security Solutions, Security Systems News, The Protection Bureau


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Commercial

Post merger, Kratos execs outline goals for 2011

January 10, 2011Martha Entwistle

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,...

Ben Goodwin, Eric DeMarco, Henry Bros., Henry Bros. Electronics, Jim Henry, Kratos Defense & Security Solutions


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Commercial

Kratos, Henry Bros. deal closes

December 16, 2010SSN Staff

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,...

B. Riley and Company, Ben Goodwin, Eric DeMarco, Henry Bros. Electronics, Kratos Defense & Security Solutions


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