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Friday, Dec 9, 2022
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Kratos Awarded $20 Million Contract

Kratos Defense & Security Solutions Inc. will play a part in getting the U.S. Air Force’s new aerial refueling tanker off the ground.

Kratos (Nasdaq: KTOS) said on Aug. 24 that it received a contract worth in excess of $20 million from the Boeing Co.

Under the deal, Kratos Training Solutions — a subsidiary that specializes in simulators — will develop and deliver high fidelity maintenance training systems for the U.S. Air Force’s new KC-46 Pegasus refueling tanker aircraft.

Kratos said it plans to deliver high-fidelity virtual simulation, interactive multimedia instruction (IMI) and full-scale simulators, which will be used together and networked to provide a coordinated and realistic training experience. The business said it will deliver two suites of training devices that will support maintenance and repair training of a range of aircraft subsystems.

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The announcement came almost a week after the Air Force awarded Boeing a $2.8 billion contract for lots 1 and 2 of the KC-46 tanker, which is based on the aircraft builder’s 767 model. Lots 1 and 2 include 19 aircraft along with spare engines and separate wing refueling pod kits. Boeing is expected to complete deliveries by August 2018.

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