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Kratos agrees to buy Henry Brothers for $45m

October 7, 2010Martha Entwistle

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...

Ben Goodwin, Henry Brothers, Imperial Capital, Jeff Kessler, Jim Henry, John Mack, Kratos Defense Security Systems, Michael McManus