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Stock impact report

Kratos Receives Sole Source; Single Award Multi-Year IDIQ Contract from Swedish FMV for High Performance Unmanned Aerial Jet Target Drone Systems

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, Nov. 07, 2018 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that it has received a sole source, single award contract from Swedish Defense Materiel Administration (FMV) for Kratos’ MQM-178 Firejet aerial target aircraft and associated  ground support equipment, spares, payloads, components, expendables, and support services.  The first order under this new 3-year Indefinite Delivery Indefinite Quantity (IDIQ) contract award is expected in the next 60 days.  Additionally, there are two 3-year exercisable option periods for a total potential contract performance term of 9 years.  Annual buys are anticipated for Firejet Target aircraft plus associated products and services; making this the second international, sole-source, multi-year contract received in recent months for the Firejet system.  Kratos is a leading provider of high performance, jet powered unmanned aerial drone syste Show less Read more
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