Kratos Awarded $6.5 Million Contract to Provide Flight Testing for Hypersonic Research to Support Future Weapon Systems from DARPA
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Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS) has been awarded a $6.5 million contract by DARPA for flight testing in hypersonic research. This contract supports the development of future weapon systems and includes tests to validate critical hypersonic components.
December 17, 2024 | 1:15 pm
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Kratos Defense & Security Solutions has secured a $6.5 million contract from DARPA for hypersonic research flight testing, which supports future weapon systems development.
The contract with DARPA is a significant win for Kratos, as it not only provides immediate revenue but also positions the company as a key player in the development of future hypersonic weapon systems. This could lead to further contracts and partnerships, positively impacting the stock price in the short term.
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