Kratos Defense & Security Solutions on Tuesday said it has agreed to acquire the ASC Signal division from Communications & Power Industries (CPI) for $35 million in cash, a deal that expands its business in the ground segment supporting space-based systems. CPI is required by U.S. anti-trust regulators to divest its ASC Signal antenna business as a condition of its recent acquisition of the former satellite communications technology business of General Dynamics.
Kratos to Acquire CPI’s Antenna Business
