Kratos Defense & Security Solutions – a technology company in Defense, National Security and Global Markets – announced that it has recently received an approximate $100 million total potential value hypersonic system program award. And about $15 million of funding has been received by Kratos at contract award, with significant increased funding expected in the second half of Kratos fiscal year 2025.
Under this new program contract award, Kratos will provide engineering, systems, and hardware. And work related to the program will be performed at secure Kratos fabrication, manufacturing and system integration facilities. Due to competition, security, and other considerations, no additional information will be provided.
KEY QUOTES:
“Kratos’ reputation as the industry leader in delivering military quality hardware, products and systems at scale, was a key factor in the receipt of this new program award. The design, engineering and production of National Security related hardware, that must work every time, is hard, and I am proud of our entire organization’s commitment to the United States and its allies’ mil spec system requirements.”
– Tom Mills, President of Kratos C5ISR Division
“Kratos is the recognized industry leader in the rapid development and fielding of affordable hypersonic systems, including Erinyes and Zeus, tactical unmanned jet drone aircraft including Thanatos and Valkyrie, jet engines for aerial drones and missiles and related C5ISR hardware. At Kratos, it’s products today, not PowerPoints of a hoped for, maybe someday system, at an unknown cost. Kratos warfighter and mission focused customers understand that “better is the enemy of good enough and ready to field today”, while reducing development cost and saving money in today’s increasing fiscally challenging environment.”
– Eric DeMarco, Kratos President and CEO
