Kratos And Hypersonix Announce Exclusive Teaming Agreement To Bring DART AE Hypersonic System To The U.S. Market With Kratos' Zeus Family Of Solid Rocket Motor Systems
Portfolio Pulse from Benzinga Newsdesk
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) and Hypersonix Launch Systems Ltd. have announced an Exclusive Teaming Agreement to provide the Hypersonix DART AE Hypersonic System within the U.S. market, integrated with Kratos' Zeus family of solid rocket motors. Hypersonix intends to significantly expand its presence in the United States and promote the sale of the DART AE system within the U.S. Department of Defense (DoD) and potential other U.S. National Security markets. Kratos has also agreed to initially procure up to 20 DART AE systems from Hypersonix.
August 09, 2023 | 12:13 pm
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Kratos Defense & Security Solutions has entered into an Exclusive Teaming Agreement with Hypersonix Launch Systems to provide the Hypersonix DART AE Hypersonic System within the U.S. market. This partnership could potentially expand Kratos' presence in the U.S. defense and national security markets.
The partnership with Hypersonix Launch Systems allows Kratos to provide a new hypersonic system to the U.S. market, potentially expanding its customer base within the U.S. Department of Defense and other national security markets. This could lead to increased sales and revenue for Kratos, positively impacting its stock price in the short term.
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