Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that Kratos Unmanned Systems Division has received a $2.7 million sole-source option award for Command and Control System Mission Kits to support U.S. drone operations. Kratos is the design and qualification authority and this award is part of the follow-on production program. Production is now in its second year of a 5 year IDIQ contract.
Steve Fendley, President of Kratos Unmanned Systems Division, said, “Our primary focus and commitment remains developing and supporting cost-effective unmanned systems for our nation’s warfighter. During these unusual times, we are dual-hatted, focused on keeping our company personnel and communities safe, while continuing to deliver our critical systems to the military.”
Due to competitive, customer-related, and other considerations, no additional information will be provided related to this new contract award.
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