Kratos Bags $579M Deal to Boost US Military Satellites

Kratos Defense Secures Monumental $579 Million Contract for Military Satellite Operations

San Diego, California – In a significant move that consolidates its position in the defense technology arena, Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) has been awarded a groundbreaking indefinite-delivery/indefinite-quantity (IDIQ) contract, valued at a ceiling of $579 million. This major development, announced on February 13, 2024, marks a pivotal moment for the company and underscores its pivotal role in bolstering the United States' military satellite communications capabilities.