Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 29, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

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

	As of March 29, 2020
	Kratos Government Solutions		Unmanned Systems		Total
Gross value	$	597.8	$	118.8	$	716.6
Less accumulated impairment	239.5		13.8		253.3
Net	$	358.3	$	105.0	$	463.3

	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 March 29, 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	$	73.0	$	(54.0	)	$	19.0	$	72.3	$	(53.3	)	$	19.0
Contracts and backlog	32.7		(29.0		)	3.7		32.0		(28.4		)	3.6
Developed technology and technical know-how	26.4		(24.4		)	2.0		25.0		(23.8		)	1.2
Trade names	1.9		(1.7		)	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	143.2		(109.1		)	34.1		139.7		(107.1		)	32.6
Indefinite-lived trade names	6.9		—			6.9		6.9		—			6.9
Total intangible assets	$	150.1	$	(109.1	)	$	41.0	$	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 March 29, 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	$	73.0	$	(54.0	)	$	19.0	$	72.3	$	(53.3	)	$	19.0
Contracts and backlog	32.7		(29.0		)	3.7		32.0		(28.4		)	3.6
Developed technology and technical know-how	26.4		(24.4		)	2.0		25.0		(23.8		)	1.2
Trade names	1.9		(1.7		)	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	143.2		(109.1		)	34.1		139.7		(107.1		)	32.6
Indefinite-lived trade names	6.9		—			6.9		6.9		—			6.9
Total intangible assets	$	150.1	$	(109.1	)	$	41.0	$	146.6	$	(107.1	)	$	39.5