Kratos receives $3.2 Million in UAS and other system orders; also receives contract for high performance UAS
On Jan. 3, Kratos Defense & Security Solutions, Inc. announced that it recently received approximately $3.2 million in UAS and other system product orders.
Kratos Modular Systems Division (MSD), which provides specialized systems and products for UAS, ballistic missile defense, and intelligence, surveillance, reconnaissance (ISR), just to name a few, will perform the work under these contract awards at secure Kratos production facilities.
“MSD is focused on the United States and its Allies' National Security, and we are proud to have been chosen by these customers in support of their missions,” says Tom Mills, President of Kratos Modular Systems Division.
“Certain of our business strategic focus areas include unmanned aerial drone and ballistic missile defense programs and systems, and we expect continued growth in these areas in the future.”
The day before that announcement was made, Kratos announced that its Composite Engineering, Inc., subsidiary, which is part of Kratos Unmanned Systems Division (USD), was awarded a $93 million firm-fixed-price contract to procure advanced subscale UAS, an unmanned target aircraft with launchers and associated ground equipment and spares.
Work locations and funding will be determined with each order. The estimated completion date is Dec. 17, 2022.
Work under this contract award will be conducted at secure Kratos manufacturing facilities and at customer locations.
“The receipt of this $93 million contract award for Kratos unmanned aerial drone systems is another important milestone in the successful execution of our strategy in building the leading high performance UAS Company in the world,” says Eric DeMarco, President and CEO of Kratos.
“Over the past several years we have made significant investments to position Kratos as a leading technology and system provider in national security, and we expect additional important production program awards in the future as a result of these investments.”