Kratos Receives $14 Million in Unmanned Aerial Drone System Contract Awards
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, Feb. 11, 2019 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that it has recently received approximately $14 million in unmanned aerial drone system related contract awards, including for its newest class of tactical/ISR unmanned aerial system, Aethon. Aethon, which was developed by Kratos and which Kratos owns the system design and data rights, is a unique intelligence, surveillance, and reconnaissance (ISR) unmanned aerial system (UAS). Kratos is a leading provider of high performance unmanned aerial drone systems for threat representative target missions to exercise weapon, radar, and other systems: tactical aerial drone systems for strike, force multiplication, and amplification missions; and now tactical UAS to support ISR missions and other applications. Work under these recent contract awards will be performed at secure Kratos manufacturing facilities and customer loca
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