Kratos Bags ~$13M Electronic Warfare System Contract - Kratos Defense & Security (NASDAQ:KTOS)

  • Kratos Defense & Security Solutions Inc KTOS has recently received an approximate $13 million potential value, Single Award Contract.
  • The company did not disclose additional information related to this contract award, citing competitive, security-related, and other considerations.
  • The award is for electronic warfare related system products and solutions.
  • The contract is expected to be incrementally funded over relative periods of performance. 
  • Kratos provides hardware, products, systems and solutions for hypersonics, ballistic missile defense, space and satellite communication, engine and propulsion, unmanned aerial drone, cyber warfare and other areas.
  • Price Action: KTOS shares are trading higher by 0.49% at $9.26 on the last check Monday.
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Image and article originally from www.benzinga.com. Read the original article here.