Kratos Receives $7.5M Electronic Attack Platform Related Contract Awards
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that its Electronic Products division has received orders valued at $7.5 million for the production of Integrated Microwave Assemblies (IMA) for two critical U.S. Navy platforms. These awards, from a follow-on customer, are related to continuing production on long term Electronic Attack (EA) and Intelligence, Surveillance and Reconnaissance (ISR) airborne platforms. No additional details are being provided due to customer and other sensitivities.
Richard F. Poirier, President of Kratos' Electronic Products Division, commented, "These orders are the latest significant awards received from this prime contractor for complex integrated assemblies. The assemblies will be manufactured at Kratos' New England, Lancaster and CTI facilities and are critical elements of high performance sensor systems. Kratos has participated on these programs for many years and continues to be a valued supplier providing sophisticated subsystems for these U.S. Navy aircraft."
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