Kratos Receives $11.7 Million for Missile Work

Kratos Defense & Security Solutions Inc. received a missile electronics contract worth $11.7 million, the company said.

The award covers continuing production of electronic hardware for a U.S. ballistic missile program. Kratos (Nasdaq: KTOS) said it is working as a subcontractor but offered few other details, including the name of the prime contractor. The work will be done in Lancaster, Pa.

— SDBJ Staff Report