Kratos Awarded $116.7 Million Prime Contract from the U.S. Space Development Agency for Ground System to Support Advanced Fire Control Missions
Portfolio Pulse from
Kratos has been awarded a $116.7 million contract by the U.S. Space Development Agency to design, implement, and operate ground infrastructure for advanced fire control missions using its OpenSpace® platform.
November 13, 2024 | 12:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Kratos has been awarded a significant $116.7 million contract by the U.S. Space Development Agency to develop ground infrastructure for advanced fire control missions. This contract highlights Kratos' capabilities in space technology and its OpenSpace® platform.
The $116.7 million contract is a substantial addition to Kratos' revenue, showcasing its expertise in space technology and enhancing its reputation in the industry. This is likely to positively impact Kratos' stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100