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Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS) is a specialized national security technology company dedicated to providing mission-critical products, services, and solutions that align with the United States' national security priorities. Headquartered in San Diego, California, Kratos employs approximately 3,900 engineers and technical professionals who are committed to advancing the technological frontier in several critical areas.
Kratos' core capabilities span sophisticated engineering, manufacturing, and systems integration offerings. These capabilities are pivotal for various national security platforms and programs, including C5ISR (Command, Control, Communications, Computers, Combat Systems, Intelligence, Surveillance, and Reconnaissance), satellite communications systems, electronic warfare, unmanned systems, missile defense, cyber warfare, cybersecurity, information assurance, and critical infrastructure security.
The company's operations are divided into two main segments:
- Kratos Government Solutions (KGS): This segment is an amalgamation of several operating units that focus on microwave electronic products, space, training, and cybersecurity, C5ISR/modular systems, turbine technologies, and defense and rocket support services. The KGS segment is the primary revenue driver for the company.
- Unmanned Systems: This segment encompasses the development and deployment of unmanned aerial, ground, and seaborne vehicles, alongside related command, control, and communications systems. Kratos' advancements in unmanned systems are both innovative and cost-effective, making significant contributions to modern warfare and defense strategies.
Recent achievements by Kratos include the successful integration of Shield AI’s Hivemind with Kratos' Firejet, showcasing the potential of autonomous systems in national defense. Additionally, Kratos has demonstrated the capability of its OpenSpace® Software Ground System to support interoperability and multi-mission operations in collaboration with partners like Telesat Government Solutions and Cobham Satcom.
Kratos remains at the forefront of defense technology, continually evolving to meet the complex demands of modern warfare and national security.
Kratos Defense & Security Solutions (NASDAQ: KTOS) has secured a $34.8 million contract modification from the U.S. Marine Corps for the XQ-58A Unmanned Aerial Systems mission systems integration. The contract supports the Marine Air-Ground Task Force Unmanned Aerial System Expeditionary (MUX) TACAIR program.
Kratos and Northrop Grumman have been collaborating with the Marine Corps since 2022 to define operational requirements for the MQ-58 Valkyrie variant. The team recently demonstrated advanced capabilities during the PAACK-P program, which is transitioning to MUX TACAIR in 2025.
The XQ-58A Valkyrie is a high-performance unmanned aerial vehicle featuring long-range flight capability, high-subsonic speeds, and flexible mission configurations. Work will be performed across multiple locations including Sacramento, Oklahoma City, China Lake, and Patuxent River.
Kratos Defense & Security Solutions (NASDAQ: KTOS) recently hosted House Armed Services Ranking Member Adam Smith (D-WA-9) at their Glen Burnie, Maryland facility. The visit showcased Kratos' advancements in hypersonic systems, including briefings on the low-cost Erinyes Hypersonic Flyer, Dark Fury, Zeus Solid Rocket Motors, and other technologies.
The company highlighted their recent award of the Multi-Service Advanced Capability Hypersonic Test Bed (MACH-TB) 2.0 contract, where Kratos was selected as the prime contractor for Task Area 1 Systems Engineering, Integration, and Testing. This project aims to increase hypersonic flight test frequency through integrated subscale, full-scale, and air launch systems.
The visit emphasized Kratos' commitment to delivering affordable, innovative defense solutions and their strategy of investing in research and development for hypersonic, tactical jet drone, and jet engine systems.
Kratos Defense & Security Solutions (NASDAQ: KTOS) has secured a new hypersonic system program award with a total potential value of approximately $100 million. The company has received initial funding of $15 million at contract award, with significant additional funding expected in the second half of fiscal year 2025.
Under the contract, Kratos will provide engineering, systems, and hardware, with work to be performed at secure Kratos fabrication, manufacturing, and system integration facilities. The company's expertise in delivering military-quality hardware and systems at scale was cited as a key factor in winning this award.
Kratos is recognized as an industry leader in rapid development of affordable hypersonic systems, including Erinyes and Zeus, tactical unmanned jet drone aircraft like Thanatos and Valkyrie, jet engines for aerial drones and missiles, and related C5ISR hardware.
Kratos Defense & Security Solutions (KTOS) has secured a significant $48 million Geolocation Global Support Services (GGSS) contract. The company will provide electromagnetic interference (EMI) resolution services to Space Forces Space electromagnetic interference managers and supporting elements in Colorado Springs, Colorado, with work scheduled for completion by October 31, 2029.
The company operates a global RF sensor network that delivers intelligence across SDA missions through various services, including bandwidth monitoring, geolocation, signal characterization, interference mitigation, and tracking and maneuver detection. Kratos manages a 24/7 network operations center covering L, S, C, X, and Ku bands, utilizing more than 21 worldwide sites with over 190 fixed and steerable sensors and antennas. This internally funded, world-wide Space Domain Awareness network serves both U.S. government and major commercial satellite operators.
Rocket Lab (RKLB) has been selected as part of a Kratos-led team for a five-year OTA contract under the Multi-Service Advanced Capability Hypersonic Test Bed (MACH-TB) 2.0 program. The total potential contract value is $1.45 billion over five years.
The program, established by the Office of the Under Secretary of Defense, aims to create an affordable flight test bed for hypersonic testing. Rocket Lab will provide systems engineering, assembly, integration, test services, mission planning, and launch services using their HASTE (Hypersonic Accelerator Suborbital Test Electron) rocket.
HASTE, a modified version of the Electron rocket, features carbon fiber composite structures and 3D printed engines, with an increased payload capacity of up to 700 kg. The launches will be conducted from Rocket Lab's Launch Complex 2 in Wallops, Virginia.
Kratos Defense & Security Solutions (NASDAQ: KTOS) has secured its largest-ever contract award, a five-year OTA contract valued at $1.45 billion for the Multi-Service Advanced Capability Hypersonic Test Bed (MACH-TB) 2.0 under Task Area 1. The contract, awarded by the Office of the Under Secretary of Defense for Research and Engineering Test Resource Management Center, aims to support the National Hypersonic Initiative 2.0 by creating an affordable flight test bed to increase hypersonic flight test capacity.
As the prime contractor for Task Area 1 Systems Engineering, Integration, and Testing, Kratos will lead a team including Leidos, Rocket Lab, and other partners to provide systems engineering, assembly, integration, test services, mission planning, and launch services. The MACH-TB 2.0 program will serve as a bridge between hypersonic ground tests and system-level flight tests, reducing development risks and accelerating the transition of hypersonic technologies to military applications.
Kratos Defense & Security Solutions (KTOS) has secured a $6.5 million contract from DARPA for hypersonic research flight testing. The two-year contract, which began in August 2023, focuses on developing and validating critical hypersonic components for future weapon systems.
Kratos will utilize its flight-proven hypersonic test beds and sounding rocket-based launch vehicles to conduct flight experiments and validate modeling tools. The company has made significant investments in hypersonic systems, including the Erinyes hypersonic flyer, Zeus solid rocket motor series, and Dark Fury.
Kratos Defense & Security Solutions announced successful flight tests of the USMC’s XQ-58A Valkyrie unmanned aerial system as part of the Emerald Flag 2024 exercise. Conducted in collaboration with Northrop Grumman, Autodyne, USMC, USN, and USAF, the tests demonstrated cooperative kill chain closure and collaborative electronic warfare (EW) operations between crewed and uncrewed platforms for the first time in a large-force exercise.
The USMC used expeditionary methods to control the XQ-58A, showcasing its ability to autonomously exchange tactical information. This enhances the Marine Air-Ground Task Force's integrated and joint operations capabilities. The event included participation from various defense and research entities and was observed by high-ranking military officials.
The XQ-58A operated alongside USMC F-35B and USAF F-15E/EX aircraft, identifying threats and sharing targeting data over tactical networks. The Valkyrie’s performance supports the USMC’s mission to deter conflicts and defeat enemies, marking a milestone in unmanned aerial system development.
Kratos Defense & Security Solutions (NASDAQ: KTOS) has announced its participation as a Gold Sponsor of the Reagan National Defense Forum (RNDF) at the Ronald Reagan Presidential Library in Simi Valley, California. The event brings together national security leaders, policymakers, industry executives, and military officials to discuss defense challenges and opportunities. Kratos' leadership will participate in discussions on defense system modernization, affordability, and integration of technologies like unmanned systems, hypersonics, and space systems.
Kratos Defense & Security Solutions (NASDAQ: KTOS) has secured a $116.7 million contract over five years from the U.S. Space Development Agency to create and operate an Advanced Fire Control Ground Infrastructure (AFCGI). The project supports the Advanced Fire Control program, focusing on missile defense capabilities, particularly tracking hypersonic missiles through the FOO Fighter program.
As the prime contractor, Kratos will lead a team including ASRC Federal Systems Solutions, Peraton, Sphinx Defense, and Stellar Solutions to deliver ground segment resources, manage operations centers, and provide cloud services. The system will utilize Kratos's OpenSpace Ground Platform to ensure interoperability across multiple AFC constellations.
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