Home / M&A Activity / Ingenicomm Buys Kratos Subsidiary’s Telemetry Processor Line; Amit Puri Comments

Ingenicomm Buys Kratos Subsidiary’s Telemetry Processor Line; Amit Puri Comments

Equipment and engineering services firm Ingenicomm has acquired the programmable telemetry processor product line from CVG-Avtec Systems, a subsidiary of Kratos Defense and Security Solutions.

Ingenicomm did not disclose terms of the transaction in its release Monday and said the company will continue to support new and existing programs for customers under the product line following the transaction’s completion.

“There are huge synergies between the PTP and our next-generation configurable ground systems (CGS) product line that enable us to provide best-of-breed I&T and ground station processors, although both products will be sustained independently in the future, ” said Amit Puri, president and CEO of Ingenicomm.

The PTP product line produces processors for satellite ground station and integration and testing customers, including space agencies worldwide

The PTP provides multi-stage and multi-mission support and aims to have satellite manufacturers using the same equipment as operational satellite ground stations.

Check Also

John Heller, PAE CEO, Named to 2020 Wash100 for Advancing PAE’s Initiatives for Defense Engineering Contracts and Acquisitions

Executive Mosaic is honored to present John Heller, CEO of PAE, as an inductee into the 2020 edition of the Wash100 Award for his business ventures, creating new partnerships and influence within the GovCon marketplace. 

NCI President & CEO Paul Dillahay Receives 2020 Wash100 Award From Jim Garrettson, CEO of Executive Mosaic

Jim Garrettson, founder and CEO of Executive Mosaic, presented Paul Dillahay, president and CEO of NCI Information Systems, his second Wash100 Award on Monday.