Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider, announced today that its winning team, led by Space Vector Corporation, recently received an indefinite-delivery/indefinite-quantity (IDIQ) contract to support the U.S. Air Force’s Sounding Rocket Program-4 (SRP-4). The seven-year contract has a total potential value of up to $424 million, which is available to Kratos/Space Vector and one other awardee. The Space Vector and Kratos team will provide system engineering, vehicle design, manufacturing, integration and launch support services for sub-orbital rocket vehicles supporting prototype weapon systems development and missile defense system target tests. Kratos is an industry leader in the rapid design, development and fielding of technologically advanced, affordable systems. Kratos, through its Defense & Rocket Support Services Division (KDRSS) is a leading provider of products, solutions, and services supporting ballistic missile defense, hypersonics, Aegis, AMDR, sounding rockets, directed energy and other national security and scientific programs.
“The Kratos team brings a highly knowledgeable team with extensive experience delivering advanced rocket solutions to support emerging experimental and national security mission requirements for NASA and the Department of Defense,” said Dave Carter, President for KDRSS. “Kratos is extremely excited to work with the Space Vector team to deliver affordable and reliable suborbital vehicle solutions for advanced targets and future hypersonic test programs.”
Source: Kratos Defense & Security Solutions
Date: Dec 12, 2018