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Kratos Awarded $5 Million Contract

Kratos Defense & Security Solutions Inc. said on April 20 that it received a $5 million contract for hardened tactical facilities.

Under the deal, the company’s Modular Systems Division will produce the hardened structures, which its client plans to deploy at an international location. Kratos (Nasdaq: KTOS) gave neither the name of its client nor the location.

Some of Modular Systems’ products look like shipping containers while others go in truck beds. The recent announcement did not specify a type of product.

Kratos announced another $10.5 million win for its Modular Systems Division in March. It’s good news for the division, which announced in February that it was closing a plant in South Carolina.

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