Kratos Announces $46 Million Single Award Training Contract To Support Royal Saudi Naval Forces
Kratos Defense & Security Solutions, Inc. (KTOS)
Last kratos defense & security solutions, inc. earnings: 2/24 04:00 pm
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Source: GlobeNewswire
SAN DIEGO, Sept. 05, 2017 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that it received a Foreign Military Sales (FMS) sole-source, three-year, single award indefinite delivery indefinite quantity (IDIQ) contract to provide training-related products and services in a variety of disciplines to Royal Saudi Naval Forces (RSNF), the Naval Force of the Kingdom of Saudi Arabia. The award, issued by Naval Air Warfare Center Training Systems Division (NAWCTSD), is contained in a U.S. FMS agreement with a potential value to Kratos of $100 million, depending on the number of task orders issued and anticipated contract modifications under the FMS agreement. Kratos’ initial award is $46 million over three years. Kratos will provide Manpower, Personnel & Training (MPT) planning as well as instructional services for a broad array of missions, functions and tasks. The first task order, valued at $24.
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News
- Kratos Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Kratos Reports First Quarter 2024 Financial ResultsGlobeNewswire
- Unveiling Kratos (KTOS) Q1 Outlook: Wall Street Estimates for Key Metrics [Yahoo! Finance]Yahoo! Finance
- Kratos Defense & Security Solutions Schedules First Quarter 2024 Earnings Conference Call for Tuesday, May 7thGlobeNewswire
- Why Kratos Defense Stock Popped More Than 7% on Friday [Yahoo! Finance]Yahoo! Finance
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- 5/7/24 - Beat
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- KTOS's page on the SEC website