Kratos Defense & Security Solutions Inc. said on Nov. 16 that it received a $17.8 million contract for target drones.
The deal calls for Composite Engineering Inc., a Kratos subsidiary, to provide an undisclosed international customer with multiple BQM-167i unmanned aerial target drones, plus equipment for two sites where the drones will operate.
In addition to an unspecified number of drones, Sacramento-based CEI will provide command-and-control equipment, spares and equipment to initially support 30 flights across the customer’s two sites.
The customer has not done business with Kratos before.
Shares of Kratos trade on the Nasdaq under the symbol KTOS.