Kratos Defense & Security
Solutions, Inc. KTOS, announced today that its Herley Industries, Inc. subsidiary has received an
exclusive three year requirements contract with a potential value of $13.6
million from a major prime contractor for the continuing production of flight
safety electronics hardware for five critical U.S. missile programs. To date,
Herley has received first year contract award releases for two of the
associated programs valued at $2.21 million. No additional details are being
provided due to customer and other sensitivities.
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