Kratos Defense Completes Sale of its Public Safety & Security System Integration Business
June 13, 2018
San Diego – Paul Hastings LLP, a leading global law firm, announced today that the firm represented Kratos Defense & Security Solutions, Inc. (Nasdaq:
KTOS), a leading National Security Solutions provider, in the completion of Kratos’ sale of its Public Safety & Security System Integration Business to Securitas Electronic Security, Inc. At the transaction close, Kratos received $70.7 million in cash, subject to a working cash adjustment. The firm also advised on CFIUS approvals related to the transaction.
Teri O’Brien led the Paul Hastings team, which also included Global Trade Controls partner
Scott Flicker, associates
Reade Jacob and
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