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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 26, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The carrying amounts of goodwill as of June 26, 2016 and December 27, 2015 by reportable segment are as follows (in millions):
 
Public Safety & Security
 
Kratos Government Solutions
 
Unmanned Systems
 
Total
Gross value
$
53.9

 
$
565.8

 
$
111.1

 
$
730.8

Less accumulated impairment
18.3

 
215.3

 
13.8

 
247.4

Net
$
35.6

 
$
350.5

 
$
97.3

 
$
483.4

Schedule of Intangible Assets (Finite-Lived)
The following table sets forth information for finite-lived and indefinite-lived intangible assets (in millions):
 
 
As of June 26, 2016
 
As of December 27, 2015
 
Gross
Value
 
Accumulated
Amortization
 
Net
Value
 
Gross
Value
 
Accumulated
Amortization
 
Net
Value
Acquired finite-lived intangible assets:
 

 
 

 
 
 
 

 
 

 
 
Customer relationships
$
53.7

 
$
(41.6
)
 
$
12.1

 
$
83.7

 
$
(67.1
)
 
$
16.6

Contracts and backlog
24.7

 
(23.2
)
 
1.5

 
71.3

 
(69.4
)
 
1.9

Developed technology and technical know-how
23.1

 
(14.5
)
 
8.6

 
23.1

 
(13.3
)
 
9.8

Trade names
1.4

 
(1.0
)
 
0.4

 
5.3

 
(4.9
)
 
0.4

Favorable operating lease

 

 

 
1.8

 
(0.9
)
 
0.9

Total finite-lived intangible assets
102.9

 
(80.3
)
 
22.6

 
185.2

 
(155.6
)
 
29.6

Indefinite-lived trade names
6.9

 

 
6.9

 
6.9

 

 
6.9

Total intangible assets
$
109.8

 
$
(80.3
)
 
$
29.5

 
$
192.1

 
$
(155.6
)
 
$
36.5

Schedule of Intangible Assets (Indefinite-Lived)
The following table sets forth information for finite-lived and indefinite-lived intangible assets (in millions):
 
 
As of June 26, 2016
 
As of December 27, 2015
 
Gross
Value
 
Accumulated
Amortization
 
Net
Value
 
Gross
Value
 
Accumulated
Amortization
 
Net
Value
Acquired finite-lived intangible assets:
 

 
 

 
 
 
 

 
 

 
 
Customer relationships
$
53.7

 
$
(41.6
)
 
$
12.1

 
$
83.7

 
$
(67.1
)
 
$
16.6

Contracts and backlog
24.7

 
(23.2
)
 
1.5

 
71.3

 
(69.4
)
 
1.9

Developed technology and technical know-how
23.1

 
(14.5
)
 
8.6

 
23.1

 
(13.3
)
 
9.8

Trade names
1.4

 
(1.0
)
 
0.4

 
5.3

 
(4.9
)
 
0.4

Favorable operating lease

 

 

 
1.8

 
(0.9
)
 
0.9

Total finite-lived intangible assets
102.9

 
(80.3
)
 
22.6

 
185.2

 
(155.6
)
 
29.6

Indefinite-lived trade names
6.9

 

 
6.9

 
6.9

 

 
6.9

Total intangible assets
$
109.8

 
$
(80.3
)
 
$
29.5

 
$
192.1

 
$
(155.6
)
 
$
36.5