B.Riley/FBR Reiterates Buy on Kratos Defense (KTOS) on AWS Ground Station

B.Riley/FBR analyst, Mike Crawford, reiterated a Buy rating and $16.00 price target on Kratos Defense & Security (NASDAQ: KTOS) as Amazon unveils a new satellite ground station as a service offering, AWS Ground Station, a fully managed service enabling enterprises to control satellite communications, downlink and process satellite data, and scale satellite operations without building or managing standalone ground station infrastructure.

Separately, KTOS is busy this week at I/ITSEC, where the company introduced its new Mixed Reality Simulation Platform combining virtual reality and augmented reality with a wide variety of advanced technologies for sight, sound, smell, and haptics and more to provide high fidelity training in a safer, more cost-effective environment.

For an analyst ratings summary and ratings history on Kratos Defense & Security click here. For more ratings news on Kratos Defense & Security click here.

Shares of Kratos Defense & Security closed at $13.45 yesterday.

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