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Stock impact report

Kratos Receives $17.6 Million Sole-Source Contract Award for New Tactical Jet Drone System Research, Development and Initial Production

Kratos Defense & Security Solutions, Inc. (KTOS) 
Last kratos defense & security solutions, inc. earnings: 2/24 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: kratosdefense.com
Company Research Source: GlobeNewswire
SAN DIEGO, Oct. 01, 2019 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its Unmanned Systems Division has been awarded an initial $17.6 million sole-source contract for Jet Drone research, development, and production efforts. Work on this new contract award is expected to begin immediately, with the scope of work and related funding under this program expected to increase as execution and performance milestones are successfully achieved. Kratos is a leading provider of high performance unmanned aerial drone systems for threat representative target missions to exercise weapon, radar, and other systems; and tactical aerial drone systems for strike/ISR and force multiplication missions. Work under this contract award will be performed primarily at the Kratos Unmanned Systems Division facilities in Sacramento, California.  Due to competitive, customer related and other considerations, no Show less Read more
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