Kratos Defense secures over $100 million in space and cyber mission contracts
Kratos Defense & Security Solutions announced that it has been awarded multiple contracts totaling more than $100 million to develop prototype systems for space intelligence and cyber operations. The work will use the company’s KnownSpace® Network and related software to collect and process RF signals, support electronic warfare and offensive cyber missions, and provide data for joint targeting cycles. Senior Vice President Greg Caicedo said the contracts leverage Kratos’ proven technology to rapidly meet emerging mission needs.
Why it matters
The company expects the contracts to generate significant revenue and strengthen its position in the growing space‑domain‑awareness and cyber markets, according to its press release. The awards also demonstrate demand for Kratos’ RF sensing and analytics capabilities, which could lead to further government business.
Key facts
- 1Kratos announced multiple contract awards totaling over $100 million. globenewswire.com
- 2The contracts involve developing prototype mission applications and cyber capabilities for space intelligence data. globenewswire.com
- 3Work will leverage the KnownSpace® Network, which includes more than 190 sensors worldwide. globenewswire.com
- 4Greg Caicedo, Senior Vice President at Kratos, said the company can deliver new capabilities faster by building on proven technology. globenewswire.com
Summary written by AlphAI from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.