Kratos Receives $5.9 M Missile Defense System Contract Award

June 26, 2019

Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that it has recently received a $5.9 million contract award to provide hardware and subsystems in support of a Command, Control, Communications, Computing, Combat and Intelligence, Surveillance and Reconnaissance (C5ISR) missile defense related program and platform.  Kratos' C5ISR Modular Systems business provides specialized, High Altitude Electromagnetic Pulse Protected (HEMP) products, systems and subsystems in support of Missile Defense, Missile, Radar, Unmanned, High Power Directed Energy, Surface Combatant and other systems and platforms.  Work under this recent contract award will be performed in secure Kratos manufacturing facilities.  Due to competitive, customer related and other considerations, no additional information will be provided.

Tom Mills, President of Kratos' C5ISR Modular Systems Division, said, “The recapitalization of U.S. and Allied armed forces to address peer and near peer threats is providing significant new opportunities to Kratos, including in the missile defense, radar and missile systems areas.  We are honored to have been chosen to support this mission critical and priority national security program.”

Source : Kratos Defense & Security Solutions