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Kratos Defense (KTOS) Awarded a $54M U.S. Marine MCAT Contract

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Kratos Awarded $54 Million Contract to Provide Marine Common Aircrew Trainers (MCAT)

September 12, 2016 4:00 PM EDT

SAN DIEGO, Sept. 12, 2016 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that it was awarded a $54 million contract to provide five Marine Common Aircrew Trainers (MCATs) to the United States Marine Corps (USMC). The contract was awarded directly to Kratos under the U.S. Navy Training Systems Contract III, LOT I, Naval Air Warfare Center Training Systems Division (NAWCTSD).

Designed to train USMC CH-53E (Super Stallion), MV-22B (Osprey) and UH-1Y (Venom) enlisted aircrews, the... More