Kratos Defense & Security Solutions Inc. will be moving its corporate headquarters from University Towne Center to Scripps Ranch, after recently signing a lease for more than 26,000 square feet at the Scripps Plaza office property.
According to brokerage firm Kidder Mathews, which represented the security technology and services firm, Kratos will be relocating after signing a 10-year, $9.3 million lease for the space at 10680 Treena St.
Kidder Mathews’ David Crabb represented Kratos. The Scripps Ranch property’s owner, Cypress Office Properties, was represented by Jay Alexander and Tim Olson of JLL.
According to its website, Kratos’ current corporate headquarters is at 4820 Eastgate Mall, in the Bridge Pointe Corporate Centre, and it has more than 100 total offices in locations including San Diego, Sacramento, Virginia, Pennsylvania and Israel.
The company’s primary focus areas include unmanned systems, satellite communications, microwave electronics, cyber-security, missile defense and combat systems.