Kratos Receives $24 M Microwave Electronics Product Contract Award in Support of Missile System Program

Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that it has received an approximate $24 million single award contract for microwave electronics products in support of missile system programs. This contract award is the initial production award for what is expected to be long term, multi-year missile system platforms. Kratos is a leading provider of microwave electronic products in support of missile, radar, guided munitions, electronic warfare, communication and other programs and systems. For customer related, competitive and other considerations, no further information will be provided related to this contract award.

Yonah Adelman, President of Kratos Microwave Electronics Product Division, said, “This recent contract award is in support of what are expected to be long term, multi-year programs and some of the largest programs in our Division. Our entire team is honored to have been selected to support this important and challenging opportunity.”