"Kratos Defense Acquires Orbit Communications in $356 Million Cross-Border Deal"

Arnona T.L. Law Firm represented Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) in its $356 million acquisition of Orbit Communications Systems Ltd. (TASE: ORBI), a publicly traded defense communications company. The transaction involved a cross-border acquisition with multiple subsidiaries, regulatory considerations, and classified security approvals. The acquisition required a lengthy and discreet negotiation process, alongside close coordination with defense and regulatory authorities in both Israel and the U.S. The merger agreement has been signed, and closing is expected in approximately four months, subject to customary approvals. The transaction was executed by a highly dedicated team from Arnona T.L. Law Firm, led by David Osborne (Partner, Corporate and M&A) and Shiri Shaham (Partner, Corporate and M&A), together with Josh Hauser (Partner, Corporate and M&A), Tali Salzman (Partner, Corporate and M&A), Sabrina Ozery (Associate, Corporate and M&A), Shai Margalit (Associate, Corporate and M&A), Neta Goshen Brami (Associate, Corporate and M&A), Roy Keidar (Partner, Regulatory and Defense), Itay Flohr (Associate, Regulatory and Defense), Roni Osborne (Associate, Corporate and M&A), Ayal HaCohen (Associate, Corporate and M&A), Ofir Levy (Associate, Corporate and M&A), Ofir Paz (Associate, Corporate and M&A), and Miriam Friedman (Associate, Corporate and M&A). Special mention is given to Shimon Aviran (Partner, Security and Regulatory), whose guidance and expertise were central to the security-sensitive aspects of the transaction.

"Kratos Defense Acquires Orbit Communications in $356 Million Cross-Border Deal"

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