Kratos Receives $3.3 M in Unmanned Aerial Drone and Electronic System Contract Awards

Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that it has recently received $3.3 million in unmanned aerial drone and electronic system contract awards.  Kratos is an industry leader in the rapid design, demonstration and fielding of affordable unmanned aerial drone systems for tactical, combat and target applications, related ground control systems and microwave electronics.  Work on these recent contract awards will be performed at secure Kratos manufacturing facilities.  Due to competitive, customer related and other considerations, no additional information will be provided related to these contract awards.  

Eric DeMarco, Kratos President & CEO, said, "Kratos today, across our company is supporting numerous unmanned aerial drone system programs in both the tactical and target system areas, as well as critical microwave electronics programs, and we are committed to supporting these important customers."

Source: Kratos Defense & Security Solutions
Date: Dec 14, 2017