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Stock impact report

Kratos Advances to Gremlins Phase III

Kratos Defense & Security Solutions, Inc. (KTOS) 
Last kratos defense & security solutions, inc. earnings: 2/24 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: kratosdefense.com
Company Research Source: GlobeNewswire
SAN DIEGO, April 18, 2018 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its subsidiary, Kratos Unmanned Aerial Systems, Inc. as part of the Dynetics led team, has been selected for award on Phase III of the Defense Advanced Research Projects Agency (DARPA) Gremlins program. The goal of the Gremlins program is to demonstrate safe and reliable aerial launch and aerial recovery of multiple unmanned drone system aircraft, capable of employing and recovering diverse distributed payloads in volley quantities. On the Gremlins program, Kratos is a critical team member responsible for providing the Gremlin Unmanned Air Vehicles (UAVs) through both development and ultimate production.  Under the Phase III contract, Kratos will lead fabrication, structural and subsystem testing, assembly, integration, and test of prototype Gremlin UAVs. Additionally, Kratos will support air vehicle flight tests, Show less Read more
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