Kratos Secures Initial $4M In Single Award Funding On New C5ISR Program Award

Kratos Defense & Security Solutions, Inc. KTOS received the initial ~$4 million in funding on a new, single award, Command, Control, Communication, Computing, Combat System, Intelligence, Surveillance & Reconnaissance (C5ISR) program.
The award's total potential program value is ~$75 million, including production.
Kratos will perform the work under this new program award at secure production and manufacturing facilities.
Kratos will not disclose additional information related to this program, citing customer, competitive, security-related, and other considerations.
Price Action: KTOS shares are trading lower by 0.95% at $19.78 on the last check Tuesday.

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