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The US Department of Defense awarded Kratos Defense & Security Solutions a $400 million contract to advance the development and production of multiple hypersonic systems, aircraft, solid rocket engines, and other national security projects. Kratos has Erinyes aircraft, Dark Fury tactical systems, and high-performance solid state rocket engines such as Zeus and Oriole. Its test platform can simulate hypersonic threats at a very low cost and high frequency. The contract will accelerate Kratos' organic growth and improve its cash flow, and it is expected that it will receive more hypersonic related contracts in the coming months.
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The US Department of Defense awarded Kratos Defense & Security Solutions a $400 million contract to advance the development and production of multiple hypersonic systems, aircraft, solid rocket engines, and other national security projects. Kratos has Erinyes aircraft, Dark Fury tactical systems, and high-performance solid state rocket engines such as Zeus and Oriole. Its test platform can simulate hypersonic threats at a very low cost and high frequency. The contract will accelerate Kratos' organic growth and improve its cash flow, and it is expected that it will receive more hypersonic related contracts in the coming months.
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