This comes as a result of an agreement by KH owners - ECI Partners - to sell its investment in the company.
Completion of the transaction remains subject to regulatory clearances.
Russell Gould, KH CEO, said: “Following the buyout from Smiths Group, ECI has been a consistent and supportive partner, as we have consolidated our position as a global leader in surveillance and security radar solutions.
“With the support of ECI, we have developed cutting-edge technologies, introduced new solutions and expanded our global reach across 60 countries. We are excited to partner with HENSOLDT on the next phase of Kelvin Hughes’ growth, benefiting from its expertise and capabilities in sensors to offer additional services to our clients and further opportunities to our employees,” he said.
HENSOLDT is a provider of radar and IFF systems on airborne, naval and land platforms. It comprises the security and defence electronics activities of the Airbus Group, which were spun off this year and have now entered the market as a new sensor house under its new brand name.
Thomas Müller, HENSOLDT CEO, said: “Kelvin Hughes is highly successful in the marine and security markets, while HENSOLDT has a strong position in the higher-end military and surveillance radar domains. Our portfolios and market access are highly complementary and we will see significant growth from this transaction. The Kelvin Hughes product portfolio will allow us to enter more price-sensitive markets and their security solutions will add value to the HENSOLDT products and bring us one step closer towards our strategic objective to develop our Sensor House into a Sensor Solutions provider.”