Market Overview

Kratos Announces $7.3M in National Security Awards


Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that its Modular Systems (MS) Division recently received approximately $7.3 million in specialty product awards in support of certain radar system and other National Security related programs. Kratos' MS Division, whose primary customers support certain U.S. Navy, missile system, radar and intelligence, surveillance and reconnaissance programs, will produce the products under these awards at secure Kratos manufacturing facilities. Due to customer related and other considerations, no additional information will be provided related to these contract awards.

Tom Mills, President of Kratos' MS Division, said, "Our entire organization is committed to providing our customers high quality, technologically advanced products and systems in support of United States National Security priority programs. We are proud to support our key strategic partners and customers."

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Posted-In: News Guidance Contracts Asset Sales Management Global


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