Kratos Receives Sole Source, Single Award $109 Million Maximum Value Three Year Production Contract for Air Force Subscale Aerial Target System (AFSAT) BQM-167A High Performance Unmanned A...
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, July 19, 2018 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that it has negotiated and received an early effective date of 29 June 2018 for a one year sole source, single award, firm fixed price contract for Kratos’ BQM-167A high performance, jet powered unmanned aerial target drone system. The contract includes two one year options for additional production lots. This contract award represents AFSAT Lots 14-16 (corresponding to over 16 years of production) and Contractor Logistics Support, with a possible maximum value of approximately $109 million. Work will be performed at a Kratos manufacturing facility. Fiscal year 2018 procurement funds in the amount of $27 million are being initially obligated at the time of award for thirty Lot 14 BQM-167A aerial targets and production support. Air Force Life Cycle Management Center, Eglin Air Force Base, Florida, is the contracting ac
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KTOS
Earnings
- 2/13/24 - Beat
KTOS
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- 4/15/24 - Form 144
- KTOS's page on the SEC website