Kratos secures USD 24m contract to support missile system program

Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a national security solutions provider, has announced that it has received a USD 24 million single award contract for microwave electronics products in support of missile system programs, the company said.

This contract award is the initial production award for what is expected to be long term, multi-year missile system platforms. Kratos is a provider of microwave electronic products in support of missile, radar, guided munitions, electronic warfare, communication and other programs and systems.

Kratos develops and fields transformative, affordable technology, platforms and systems for United States national security related customers, allies and commercial enterprises. The company is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes.