Kratos Completes Milestone On Cost Optimized Limited-Life Turbofan Engine; All Test Plan Objectives Were Achieved Including Matching Pre-Test Predictions On Thrust And Fuel Efficiency
Portfolio Pulse from Benzinga Newsdesk
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) has successfully completed a ground test campaign for a cost-optimized, limited-life turbofan engine, achieving all test objectives including thrust and fuel efficiency predictions.
September 16, 2024 | 12:46 pm
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Kratos Defense & Security Solutions has completed a successful test of a cost-optimized turbofan engine, meeting all objectives including thrust and fuel efficiency. This achievement could enhance their reputation and market position in defense technology.
The successful completion of the engine test demonstrates Kratos' capability in developing advanced defense technologies, potentially boosting investor confidence and positively impacting the stock price in the short term.
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