Kratos Receives $16.5 Million Electronic Warfare System Production Award
Kratos Defense & Security Solutions, Inc. (KTOS)
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Source: GlobeNewswire
SAN DIEGO, Feb. 28, 2020 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that it has received an approximate $16.5 million single award contract for microwave electronics products in support of an airborne electronic warfare system. This contract award is the initial production award for what is expected to be a long term, multi-year electronic warfare system upgrade across several hundred aerial platforms. Kratos is a leading provider of microwave electronic products in support of missile, radar, guided munitions, electronic warfare, communication and other programs and systems. For customer related, competitive and other considerations, no further information will be provided related to this contract award. Yonah Adelman, President of Kratos Microwave Electronics Product Division, said, “This recent contract award is in support of what we expect to be a long term, multi-year program and
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