Kratos Wins $20M International Drone Contract for Production Aircraft, Support Equipment, and Services

Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that its Kratos Unmanned Systems Division (KUSD) has recently received a $20 million contract award from an international customer for high performance, unmanned aerial target drone system aircraft and related services. The procurement includes aerial target drones, spares and consumables, ground control station (GCS), ground support equipment, launching systems, and payloads. In addition to the hardware to be provided, KUSD will deliver services that include testing, technical training, in-country establishment, and technical assistance.

Steve Fendley, President of the Kratos Unmanned Systems Division, said, “We’re pleased to be increasing our international footprint for production drone systems with this new international customer and region. The performance versus cost affordability of Kratos’ systems is key in enabling us to continue growing this business line and supporting U.S. allies abroad.”

KUSD is a recognized industry leader in the design and production of affordable, high performance, jet powered, unmanned aerial aircraft and systems for threat representative target drones and tactical applications. Work under this contract award will be performed at Kratos manufacturing facilities and customer locations. Due to competitive and other considerations, no additional information will be provided related to this contract award.