Courtesy of Benzinga.
Kratos Defense & Security Solutions (Nasdaq: KTOS) announced today that its Advanced Drone and Targets Solutions (ADTS) Division recently received a $2.3 million contract award for unmanned aerial drone systems, aircraft, related support equipment and spares. Under the new contract award, Kratos will produce the unmanned aerial drone aircraft, related support equipment and spares at a secure Kratos manufacturing facility. Kratos’ ADTS Division is a premier provider of high performance unmanned drone aircraft and these systems’ related avionics, electronics, command and control systems, solutions, services and logistics. Due to customer related and other considerations, no additional information will be provided related to this recent contract award.