Kratos Secures $50M Contract Value Increase For C5ISR Program

Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) has received an ~$50 million contract value increase for an existing Command, Control, Communications, Computing, Combat System and Intelligence, Surveillance and Reconnaissance (C5ISR) Program.
Under this Program, Kratos provides specialized products, hardware, engineering, and other services and deliverables.
Work under this program is performed at secure Kratos and customer manufacturing facilities and locations.
Also Read: Kratos Bags $14M Contract Awards Linked To Drone System.
Price Action: KTOS shares are trading higher by 1.92% at $17.04 on the last check Tuesday.