Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 27, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

The carrying amounts of goodwill as of September 27, 2020 and December 29, 2019 by reportable segment are as follows (in millions):

	As of September 27, 2020
	Kratos Government Solutions		Unmanned Systems		Total
Gross value	$	607.9	$	120.7	$	728.6
Less accumulated impairment	239.5		13.8		253.3
Net	$	368.4	$	106.9	$	475.3

	As of December 29, 2019
	Kratos Government Solutions		Unmanned Systems		Total
Gross value	$	597.8	$	111.1	$	708.9
Less accumulated impairment	239.5		13.8		253.3
Net	$	358.3	$	97.3	$	455.6

Schedule of intangible assets (finite-lived)

The following table sets forth information for finite-lived and indefinite-lived intangible assets (in millions): 

	As of September 27, 2020						As of December 29, 2019
	Gross Value		Accumulated Amortization		Net Value		Gross Value		Accumulated Amortization		Net Value
Acquired finite-lived intangible assets:
Customer relationships	$	75.0	$	(55.2)	$	19.8	$	72.3	$	(53.3)	$	19.0
Contracts and backlog	32.7		(30.3)		2.4		32.0		(28.4)		3.6
Developed technology and technical know-how	28.6		(25.1)		3.5		25.0		(23.8)		1.2
Trade names	2.0		(1.8)		0.2		1.9		(1.6)		0.3
In-process research and development	9.2		—		9.2		8.5		—		8.5
Total finite-lived intangible assets	147.5		(112.4)		35.1		139.7		(107.1)		32.6
Indefinite-lived trade names	6.9		—		6.9		6.9		—		6.9
Total intangible assets	$	154.4	$	(112.4)	$	42.0	$	146.6	$	(107.1)	$	39.5

Schedule of intangible assets (indefinite-lived)

The following table sets forth information for finite-lived and indefinite-lived intangible assets (in millions): 

	As of September 27, 2020						As of December 29, 2019
	Gross Value		Accumulated Amortization		Net Value		Gross Value		Accumulated Amortization		Net Value
Acquired finite-lived intangible assets:
Customer relationships	$	75.0	$	(55.2)	$	19.8	$	72.3	$	(53.3)	$	19.0
Contracts and backlog	32.7		(30.3)		2.4		32.0		(28.4)		3.6
Developed technology and technical know-how	28.6		(25.1)		3.5		25.0		(23.8)		1.2
Trade names	2.0		(1.8)		0.2		1.9		(1.6)		0.3
In-process research and development	9.2		—		9.2		8.5		—		8.5
Total finite-lived intangible assets	147.5		(112.4)		35.1		139.7		(107.1)		32.6
Indefinite-lived trade names	6.9		—		6.9		6.9		—		6.9
Total intangible assets	$	154.4	$	(112.4)	$	42.0	$	146.6	$	(107.1)	$	39.5