Kratos Defense grabs $100M+ space, cyber contracts; KTOS in focus
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- Kratos Defense & Security Solutions (KTOS) announced on Monday that it won multiple contracts worth $100M+ to develop space intelligence and cyber capabilities for joint military operations.
- The work will support RF signal collection, intelligence gathering, electronic warfare, and offensive cyber operations.
- The contracts will leverage the company's KnownSpace network of 190+ RF sensors across 20+ locations, along with its software and analytics capabilities.
- On the market side, the KTOS stock traded about ~1.58% higher at ~$43.75 in pre-market trading following the announcement.
- Source: Press Release
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