Kratos Secures Contract In Japan - Check Out The Details - Kratos Defense & Security (NASDAQ:KTOS)

Kratos Defense & Security Solutions, Inc KTOS has secured a contract to build a state-of-the-art C-band Geostationary Orbit (GSO) Satellite Spectrum Monitoring Facility. Financial terms were not disclosed.
Kratos is implementing this solution for Japan's Ministry of Internal Affairs and Communications (MIC) as part of a collaborative effort with Japan's main satellite operator, SKY Perfect JSAT.
Kratos is working closely with SKY Perfect JSAT, the prime contractor coordinating with the Japanese government, to implement the project and host the C-band antennas.
"Kratos will help the MIC and regulators around the globe to minimize interference, check licensing and assure the spectrum," commented Susumu Fujimoto, President of Kratos Communications Japan.
Price Action: KTOS shares are trading lower by 2.61% at $13.83 on the last check Thursday.