Kratos Defense (KTOS) Tops Q3 EPS by 5c, Offers Guidance

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Kratos Defense (KTOS) Secures $15.2M Contract for Unmanned Drone System

November 8, 2018 7:23 AM EST

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) announced today that it has recently received approximately $15.2 million in contract awards for High Performance Unmanned Aerial Drone, Unmanned Ground and related Unmanned System products and services. Kratos Unmanned Systems Division (KUSD) is a leading provider of high... More

Kratos Defense (KTOS) Secures Multi-Year IDIQ Contract from Swedish FMV for High Performance Unmanned Aerial Jet Target Drone

November 7, 2018 8:15 AM EST

Kratos Defense & Security Solutions, Inc. (NASDAQ:K TOS) announced today that it has received a sole source, single award contract from Swedish Defense Materiel Administration (FMV) for Kratos MQM-178 Firejet aerial target aircraft and associated ground support equipment, spares, payloads, components, expendables, and support services. The first order under this new 3-year Indefinite Delivery Indefinite Quantity (IDIQ) contract award is expected in the next 60 days. Additionally, there are two 3-year exercisable option periods for a total potential contract performance term of 9 years. Annual buys are anticipated for Firejet Target aircraft plus associated products and services; making this the second international,... More