Tag: Eric DeMarco
Post merger, Kratos execs outline goals for 2011
January 10, 2011Martha Entwistle
PALM SPRINGS, Calif.—With the official close of the Kratos/Henry Brothers deal on Dec. 15, the integration of Henry Brothers is underway and Jim Henry, former owner of Henry Brothers, will attend the Kratos' annual management off-site meeting which kicks off here today.
“This is a meeting hosted by Eric DeMarco, our CEO, which brings in the senior management of the company to discuss strategy, synergies between operating units and financial planning and projections,” Ben Goodwin,...
Kratos, Henry Bros. deal closes
December 16, 2010SSN Staff
SAN DIEGO—Kratos Defense & Security Solutions announced Dec. 16 that it has completed its acquisition of Henry Bros. Electronics. Under the terms of the transaction, HBE stockholders will receive $8.20 in cash for each share of HBE common stock they own.
The close was delayed for a few days as the result of a settlement of a lawsuit. It was originally scheduled to close Dec. 9.
A Dec. 16 Kratos statement notes that “HBE is a leading pure play provider of homeland security solutions, products,...