Kratos Pockets $4.1M Unmanned Aerial Vehicle System Contract

  • Kratos Defense & Security Solutions, Inc's KTOS Kratos Unmanned Systems Division (KUSD) has received a $4.1 million contract award from an international customer for unmanned aerial target drone system aircraft and related services.
  • Kratos plans to perform work under this contract at secure Kratos manufacturing facilities and customer locations.
  • The company did not disclose additional information about this contract award, citing competitive, security-related, and other considerations.
  • Price Action: KTOS shares are trading lower by 0.10% at $20.07 on the last check Monday.
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