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Stock impact report

Kratos Awarded SeaPort Next Generation Multiple-Award IDIQ Prime Contract $5 Billion in Total Procurement Opportunities Over Ten Years

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, Dec. 06, 2018 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that its Defense & Rocket Support Services Division has been awarded a SeaPort Next Generation (SeaPort NxG) prime contract to provide Engineering and Program Management support services to the U.S. Navy and Marine Corps. SeaPort NxG is the Navy’s primary Multiple-Award Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract for soliciting Contractor support services.  This SEAPORT-E follow-on contract vehicle has a five-year base and five-year option ordering period, with a potential value of $5 billion per year or $50 billion over the 10 year contract life span for all Seaport NxG awardees, to procure future support services requirements.  Dave Carter, President of the Kratos’ Defense & Rocket Support Services Division, said, "This award provides Kratos the opportunity to respond to future Navy Surface Warfare Show less Read more
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