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Kratos Deals Are Potentially Worth Up to $17 Million

Kratos Defense & Security Solutions Inc. received two deals collectively worth $5 million that could ultimately be worth up to $17 million. The San Diego contractor made the announcement Sept. 10.

A large U.S. mass-transit authority, which the business did not name, awarded the contracts to design and engineer on-board video surveillance systems. Kratos (Nasdaq: KTOS) will deploy the systems on new light-rail cars and transit buses.

Kratos’ Public Safety & Security Solutions division, also based in San Diego’s University Towne Center neighborhood, got the work.

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