Kratos Receives $4.8 M in Sole Source Awards for High Performance Jet Drone Systems

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider, announced today that its Unmanned Systems Division has recently received approximately $4.8 million of awards for high performance jet drones, spares for Kratos jet drones, support equipment for Kratos jet drones, and specialty composite components. Kratos is a leading provider of high performance unmanned aerial drone systems for threat representative target missions to exercise weapon, radar, and other systems; and tactical aerial drone systems for strike/ISR and force multiplication missions.  Work under these recent contract awards will be performed at secure Kratos manufacturing facilities and customer locations.

Steve Fendley, President of Kratos Unmanned Systems Division, said, “With worldwide operating tempos increasing for missions supported by Kratos jet drones, the requirement for additional aircraft and the logistical elements that support operations is increasing correspondingly. We are committed to supporting our customers’ expanding requirements and are proud to be able to ramp up our production efforts to meet the demand as well as continuing our innovative system design efforts to maintain our systems on the leading edge of the evolving defense needs.”