USAF awards USD 35m contract to Kratos for subscale aerial target spares

National security solutions provider Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), has announced the US Air Force awarded a USD 35m firm-fixed-price contract to Kratos Unmanned Systems Division for Air Force Subscale Aerial Target peculiar spares, the company said.

Work will be performed at Sacramento, California, and is expected to be complete by March 30, 2024. This award is the result of a sole source acquisition. Fiscal 2019 operations and maintenance funds in the amount of USD 185,606; and fiscal 2019 aircraft procurement funds in the amount of USD 35,255 are being obligated at the time of award.

Kratos is a leading provider of high performance unmanned aerial drone systems for threat representative target missions to exercise weapon, radar, and other systems; and tactical aerial drone systems for strike/ISR and force multiplication missions.

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises.