- Kratos Defense & Security Solutions, Inc's KTOS Kratos Unmanned Aerial Systems (KUAS) division has received an ~$50 million, single-award, sole-source, jet drone system-related IDIQ contract from a U.S. Government Agency.
- The company to perform the work under this contract at its secure facilities and customer locations.
- The company expects this contract to be fully funded over the contract's multi-year period of performance.
- Price Action: KTOS shares are trading higher by 1.16% at $22.69 on the last check Wednesday.
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