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Benzinga
Benzinga
Business
Akanksha Bakshi

Kratos Secures $50M Contract Value Increase For C5ISR Program

Kratos (Organization) KTOS
  • Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) has received an ~$50 million contract value increase for an existing Command, Control, Communications, Computing, Combat System and Intelligence, Surveillance and Reconnaissance (C5ISR) Program. 
  • Under this Program, Kratos provides specialized products, hardware, engineering, and other services and deliverables. 
  • Work under this program is performed at secure Kratos and customer manufacturing facilities and locations.
  • Also Read: Kratos Bags $14M Contract Awards Linked To Drone System.
  • Price Action: KTOS shares are trading higher by 1.92% at $17.04 on the last check Tuesday.
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