GE Aerospace and Kratos Partner to Develop Small Engines for Military Drones
Portfolio Pulse from Benzinga Newsdesk
GE Aerospace and Kratos Defense & Security Solutions have signed a Memorandum of Understanding to develop and produce small affordable engines for military drones and other applications. This partnership builds on an existing joint development agreement and includes full-scale engine production.
July 22, 2024 | 9:04 am
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GE Aerospace has partnered with Kratos to develop and produce small affordable engines for military drones, expanding their presence in the defense sector.
The partnership with Kratos allows GE Aerospace to expand its product offerings in the defense sector, potentially leading to increased revenue from new contracts and production of small engines for military applications.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Kratos Defense & Security Solutions has partnered with GE Aerospace to develop and produce small affordable engines for military drones, leveraging their expertise in jet engines for UAS and missiles.
The partnership with GE Aerospace enhances Kratos' capabilities and market reach in the defense sector, potentially leading to increased production and sales of their small jet engines for military applications.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100