KTOS - Kratos bags $338M US Air Force material contract

Kratos Unmanned Aerial Systems (NASDAQ:KTOS) awarded an ~$338M firm fixed-price, cost-plus-fixed-fee and time-and-material contract for Lots 17-21 production, out-of-warranty-repairs, and contractor logistics support. Work is expected to be completed by Dec. 31, 2027. Air Force Life Cycle Management Center, Eglin Air Force Base, Florida is the contracting activity. More on Kratos by contributor: 'Kratos: ARK Invest Keeps Buying While The Super-Rich Head Into The Last Frontier (Space)'

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Kratos bags $338M US Air Force material contract