Kratos Defense & Security Solutions, Inc. has acquired CTT Inc. Based in San Jose, Calif., CTT is a leading supplier of RF/microwave power amplifiers, low noise amplifiers, frequency converters and frequency multipliers. CTT has delivers products from 10 MHz to 50 GHz, with applications including EW, ECM, ESM, radar, missiles, jammers, UAVs, test and measurement, telecom and more.

Kratos develops and fields transformative, affordable technology, platforms and systems for U.S. 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.

Eric DeMarco, president and CEO of Kratos, discussed Kratos’ motivation during their earnings call on February 22. "Since our last report to you, Kratos has successfully closed on an additional very small tuck-in acquisition in the microwave electronics area, CTT. Similar to Cosmic, CTT was a negotiated transaction with the Principal, David Tai with CTT’s business being consistent with Kratos’ existing microwave products business, including with CTT having a focus on space and satellite systems, which I am very interested in. Also similar to Cosmic, CTT will provide a channel to additional new customer opportunity sets for Kratos with David having built a solid rapidly growing first class business and an upstanding team of professionals and employees." 

Philpott Ball & Werner, LLC served as exclusive financial advisor to Kratos.