Air Force Awards Kratos Sole Source $79.8M Contract For 60 BQM-167A Target Aircraft Systems
Portfolio Pulse from Benzinga Newsdesk
Kratos Defense & Security Solutions, Inc. has been awarded a $79.8 million contract by the Air Force for 60 BQM-167A target aircraft systems, marking the largest single purchase of these systems by the Air Force Life Cycle Management Center.
September 17, 2024 | 12:11 pm
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Kratos Defense & Security Solutions has secured a $79.8 million contract from the Air Force for 60 BQM-167A target aircraft systems, which includes significant capability upgrades. This contract is the largest single purchase of these systems by the Air Force Life Cycle Management Center.
The $79.8 million contract is a significant revenue boost for Kratos, enhancing its defense portfolio with the largest single purchase of BQM-167A systems by the Air Force. This is likely to positively impact KTOS's stock price in the short term.
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