- Kratos Defense & Security Solutions, Inc. KTOS received the initial ~$4 million in funding on a new, single award, Command, Control, Communication, Computing, Combat System, Intelligence, Surveillance & Reconnaissance (C5ISR) program.
- The award's total potential program value is ~$75 million, including production.
- Kratos will perform the work under this new program award at secure production and manufacturing facilities.
- Kratos will not disclose additional information related to this program, citing customer, competitive, security-related, and other considerations.
- Price Action: KTOS shares are trading lower by 0.95% at $19.78 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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