M&A
confidence high
sentiment neutral
materiality 0.75
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS): M&A transaction — Kratos completes $352.7M cash acquisition of Orbit Technologies at $13.725/share
KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
- Kratos paid $352.7M in cash for 100% of Orbit at $13.725 per share.
- Orbit became an indirect wholly owned subsidiary; all Orbit options were canceled for cash.
- Transaction closed on March 2, 2026, funded entirely from Kratos balance sheet cash.
- Orbit's shares were previously listed on the Tel Aviv Stock Exchange, now delisted.