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Kratos Defns NASDAQ: KTOS-Q

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Latest Press Releases

Kratos Breaks Gigabit Barrier with OpenSpace(TM) Virtualized Wideband Receivers for Earth Observation Missions
- GlobeNewswire - Tue Oct 19, 7:00AM CDT
GlobeNewswire - CMTX
Tue Oct 19, 7:00AM CDT
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that it has broken the gigabit throughput barrier with its OpenSpace(TM) virtualized wideband receivers delivering over a gigabit per second performance running solely on commercially available, off-the-shelf x86-based computers. This achievement drastically lowers the cost of downlinks, while raising performance for Earth Observation (EO) and Remote Sensing (RS) missions.
Kratos Receives Approximate $50 Million, Single Award, Sole Source High Performance Jet Drone System Related IDIQ Contract
- GlobeNewswire - Wed Sep 29, 7:00AM CDT
GlobeNewswire - CMTX
Wed Sep 29, 7:00AM CDT
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that its Kratos Unmanned Aerial Systems division (KUAS) has recently received an approximate $50 million, single award, sole source, high performance jet drone system related Indefinite Delivery, Indefinite Quantity (IDIQ) contract from a United States Government Agency. KUAS is the industry leader in the rapid design, manufacture and delivery of affordable, high performance jet drone systems. Work under this contract award will be performed as funded task orders are issued by the customer at secure Kratos facilities and customer locations. Due to customer related, competitive, security, and other considerations, no additional information will be provided.
Kratos Receives $3.2 Million Contract Award for Next Generation Small Engine Development for National Security Program
- GlobeNewswire - Tue Sep 28, 7:00AM CDT
GlobeNewswire - CMTX
Tue Sep 28, 7:00AM CDT
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that its Kratos Turbine Technologies (KTT) Business has recently received an approximate $3.2 million contract award for the development of a Next Generation small engine for a National Security Program. KTT is currently under contract and in development for several Next Generation turbojet, turbofan, and other engines for certain National Security priority areas, including unmanned aerial drone systems, cruise missiles, powered munitions and other platforms and systems. Work under this recent contract award will be performed at a secure Kratos technical, engineering and development facility. Due to customer, competitive and other considerations, no additional information is being provided related to this recent contract award.
Kratos Receives $13.2 Million in C5ISR System Product Awards
- GlobeNewswire - Mon Sep 27, 7:00AM CDT
GlobeNewswire - CMTX
Mon Sep 27, 7:00AM CDT
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that its Command, Control, Communication, Computing, Combat System, Intelligence, Surveillance and Reconnaissance (C5ISR) Business recently received approximately $13.2 million in program awards, including for a large U.S. National Security Program. Kratos C5ISR business provides specialized manufacturing, products and solutions for critical National Security priorities and programs, including Nuclear Deterrence, Missile Defense, Radar, High Power Directed Energy, Unmanned Aerial Drone System, Space and Satellite Communication and CBRNE. Work under these recent contract awards will be performed at secure Kratos manufacturing and customer facilities. Due to customer, competitive, security related and other considerations, no additional information will be provided related to these recent contract awards.
Kratos Delivers First Order to Northrop Grumman for U.S. Army's Tactical Intelligence Targeting Access Node (TITAN) Prototype Program
- GlobeNewswire - Mon Sep 20, 7:00AM CDT
GlobeNewswire - CMTX
Mon Sep 20, 7:00AM CDT
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today they have successfully delivered the first set of products to support the U.S. Army Tactical Intelligence Targeting Access Node (TITAN) space-ground system prototype, which is being developed by Northrop Grumman. The purpose of the TITAN system will be to provide near-real time data to commanders at all levels for timely targeting solutions. Northrop Grumman was selected by the Defense Innovation Unit and the U.S. Army Tactical Exploitation of National Capabilities (TENCAP) office to develop prototype Space to Ground TITAN systems.
Kratos Receives $338 Million Sole Source Contract Award for Target Drones from U.S. Air Force
- GlobeNewswire - Mon Sep 13, 7:09AM CDT
GlobeNewswire - CMTX
Mon Sep 13, 7:09AM CDT
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider, announced today that Kratos Unmanned Aerial Systems has been awarded a $338,071,466 Firm Fixed-Price, Cost-Plus-Fixed-Fee, and Time-and-Material contract for BQM-167A Air Force Subscale Aerial Target (AFSAT) lots 17-21 production, out-of-warranty-repairs (OWR), and contractor logistics support (CLS). Work will be performed at a Kratos manufacturing facility. At the time of award funds in the amount of $30,499,362 were obligated. Air Force Life Cycle Management Center, Eglin Air Force Base, Florida, is the contracting activity.
Kratos Awarded $2.8 Million to Prototype Infrastructure Hardware and Software for Unified Data Library (UDL) to Support U.S. DoD
- GlobeNewswire - Fri Sep 10, 7:00AM CDT
GlobeNewswire - CMTX
Fri Sep 10, 7:00AM CDT
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that the Space Systems Command (SSC) awarded the company $2.8 million in funding to develop a prototype that automatically delivers space-related Situational Awareness (SA) data to the Unified Data Library (UDL). The UDL is a joint initiative of the Air Force Research Laboratory and the Space Force's Space Systems Command. The cloud-based platform hosts space situational awareness data from dozens of commercial, academic and government organizations and provides a digital "storefront" for users of the data.
Kratos Provides Multiple Advanced Missile Targets For Flight Test Aegis Weapon System 33 (FTM-33)
- GlobeNewswire - Thu Sep 9, 7:00AM CDT
GlobeNewswire - CMTX
Thu Sep 9, 7:00AM CDT
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its Space & Missile Defense Systems Business Unit, a part of Kratos' Defense & Rocket Support Services Division, supported the Missile Defense Agency (MDA) and the United States Navy in the successful launch of two SRBM targets during the execution of Flight Test Aegis Weapon System 33 (FTM-33). The flight test mission was the most complex mission executed by MDA and the third flight test of an Aegis Ballistic Missile Defense-equipped vessel using the SM-6 Dual II missile. A total of four SM-6 Dual II missiles were launched on July 24 against a raid of two advanced guided ballistic missile targets in broad ocean area northwest of Hawaii.
Why the Swarm Intelligence Market is Projected to have Substantial Growth in North America - Financial News Media
- MENAFN - Thu Sep 2, 1:54PM CDT
MENAFN - CMTX
Thu Sep 2, 1:54PM CDT
Palm Beach, FL - September 2, 2021 – FinancialNewsMedia.com News Commentary – Drone swarm technology is growing its popularity in the military drones market due to its cost efficiency and high fire-power. Drone swarms are a large group of small drones that coordinate with each other to perform actions such as a survey of enemy territories, search and rescue missions, and attacks on hostile objects. Drone swarm technology involves the production of several small and cheap drones rather than one large expensive drone, therefore offering military drone manufacturers and end-users efficiency in terms of cost and time. With the use of advanced swarm technologies, military and armed forces can effectively carry out lethal drone strikes in multiple places at once. A report from IndustryARC said that swarm Intelligence is one of artificial intelligence technologies that is used in the operations where systematic algorithms have to be applied. Increasing usage of robots, automation and which need high performance and high efficiency is expected to drive the market. Increased adoption of drone swarms in defense is major factor that drives the market. The report projected that the global Swarm Intelligence Market is estimated to surpass $250 million mark by 2026, growing at an estimated CAGR of more than 38.9% during the forecast period 2021 to 2026. Active stocks in the markets this week include (OTCQB: PLRTF) (CSE: PRT), (NASDAQ: AMBA), (NASDAQ: KTOS), (NYSE: GD), (NYSE: LHX).
Why the Swarm Intelligence Market is Projected to have Substantial Growth in North America
- PR Newswire - PRF - Thu Sep 2, 8:15AM CDT
PR Newswire - PRF - CMTX
Thu Sep 2, 8:15AM CDT
/PRNewswire/ -- - Drone swarm technology is growing its popularity in the military drones market due to its cost efficiency and high fire-power. Drone swarms are a large group of small drones that coordinate with each other to perform actions such as a survey of enemy territories, search and rescue missions, and attacks on hostile objects. Drone swarm technology involves the production of several small and cheap drones rather than one large expensive drone, therefore offering military drone manufacturers and end-users efficiency in terms of cost and time. With the use of advanced swarm technologies, military and armed forces can effectively carry out lethal drone strikes in multiple places at once. A from IndustryARC said that swarm Intelligence is one of artificial intelligence technologies that is used in the operations where systematic algorithms have to be applied. Increasing usage of robots, automation and which need high performance and high efficiency is expected to drive the market. Increased adoption of drone swarms in defense is major factor that drives the market. The report projected that the global Swarm Intelligence Market is estimated to surpass mark by 2026, growing at an estimated CAGR of more than 38.9% during the forecast period 2021 to 2026. Active stocks in the markets this week include (OTCQB: PLRTF) (CSE: PRT), (NASDAQ: AMBA), (NASDAQ: KTOS), (NYSE: GD), (NYSE: LHX).

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