Kratos Defense & Security Solutions, Inc. (“Kratos”) has acquired CTT Inc (“CTT”).
Based in San Jose, CA, CTT is a leading supplier of RF/microwave power amplifiers, low-noise amplifiers, frequency converters, frequency multipliers, transmitters, transceivers and receivers. CTT has delivered tens of thousands of products from 10MHz to 100GHz, with applications including EW, ECM, ESM, radar, missiles, jammers, UAVs, test and measurement, telecom and more.
Kratos (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital-backed approaches, including proactive research and streamlined development processes. Kratos specializes in unmanned systems, satellite communications, cybersecurity/warfare, microwave electronics, missile defense, hypersonic systems, training, and combat systems.
Philpott Ball & Werner, LLC (“PB&W”) served as exclusive financial advisor to Kratos.