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Tuesday, Mar 19, 2024
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Kratos Receives Army Contract Potentially Worth $2M

Kratos Defense & Security Solutions Inc. received a U.S. Army research and development contract that could be worth as much as $2 million.

Kratos (Nasdaq: KTOS) said the award went to its Defense & Rocket Support Services division.

Under the award, Kratos will develop a transient aero-thermal analysis capability for the evaluation of high-speed vehicle thermal protection systems.

The new capability will let engineers accurately evaluate thermal characteristics of present and future high-speed weapons systems, Kratos said.

The U.S. Army Program Executive Office for Simulation, Training and Instrumentation awarded the deal.

— SDBJ Staff Report

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