TYSONS CORNER, VA, March 2, 2018 — Kratos Defense and Security Solutions (Nasdaq: KTOS) plans to sell its public safety and security system integration business under an estimated $69 million cash transaction with Securitas Electronic Security, GovCon Wire reported Thursday.
Kratos said the definitive deal is anticipated to close over the next three months and generate $70 million in net proceeds as the company works to focus efforts on core businesses.
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