[SatNews] They can't name the unnamed client purchasing their unmanned drones, but it's good news for the company.
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a National Security Solutions provider, announced today that its Advanced Drones & Target Systems Division (KADTS) recently received a new $4.2 million contract award to provide unmanned aerial drone system aircraft and related spares to a National Security customer.
Kratos is a provider of unmanned aerial systems, drone aircraft, command and flight control systems, avionics and related electronics, and supplies unmanned ground and seaborne systems, technology, avionics, electronics and unmanned vehicle command and control systems. KADTS will produce the aircraft at a secure Kratos manufacturing facility. Due to customer related and other considerations, no additional information will be provided related to this contract award.
Wayne Armstrong, President of KADTS, said, "We are pleased to have received this new contract award from this important long-standing customer."
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a National Security technology Company providing mission critical products, solutions and services for United States National Security. Kratos' core capabilities are the engineering, manufacturing and system integration offerings for National Security platforms and programs. Kratos' areas of expertise include Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance (C5ISR), satellite communication systems, electronic warfare, unmanned systems, missile defense, cyber warfare, cybersecurity, information assurance, and critical infrastructure security. Kratos' work force of approximately 3,600 are primarily engineering and technically oriented. Almost all of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location for their primary end customers that are National Security related agencies. News and information are available at.