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Kratos Receives $5.49M Navy Contract

Kratos Defense & Security Solutions Inc. said on March 11 that it received a U.S. Navy contract valued at $5.49 million.

Under the deal, the company’s Defense & Rocket Support Services Division will deliver several Oriole Thrust Vector Control Systems to the Navy. The systems provide increased capability for Kratos’ (Nasdaq: KTOS) Oriole solid-propellant rocket motor.

The U.S. Naval Surface Warfare Center, Port Hueneme Division awarded the deal.

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