Kratos Awarded Potential $50 Million Short/Medium Range Sub-Orbital Vehicle II Contract to Support Missile Defense Related Missions
Kratos Defense & Security Solutions (NASDAQ: KTOS) has been awarded a significant subcontract as a partner to Corvid Technologies for the Short/Medium Range Sub-Orbital Vehicle (SSOV) II program. The contract, awarded by the Naval Surface Warfare Center, Port Hueneme, White Sands Detachment, has a potential value exceeding $50 million if all options are exercised.
The scope includes design, manufacture, and delivery of short- and medium-range suborbital vehicles, along with ground test hardware, special test equipment, materials, engineering, and launch support services. The work will support both U.S. and international customers, including Australia and the United Kingdom, focusing on missile defense target missions and defense launch services.
The launch vehicles will incorporate Kratos' Oriole Rocket Motor, Thrust Vector Control and other systems to execute complex mission trajectories.
Kratos Defense & Security Solutions (NASDAQ: KTOS) ha ricevuto un importante subappalto come partner di Corvid Technologies per il programma Short/Medium Range Sub-Orbital Vehicle (SSOV) II. Il contratto, assegnato dal Naval Surface Warfare Center, Port Hueneme, White Sands Detachment, ha un valore potenziale superiore a $50 milioni se tutte le opzioni vengono esercitate.
Il progetto include la progettazione, la fabbricazione e la consegna di veicoli suborbitali a corto e medio raggio, insieme a hardware per test a terra, attrezzature di test speciali, materiali, ingegneria e servizi di supporto al lancio. Il lavoro supporterà sia clienti statunitensi che internazionali, inclusi Australia e Regno Unito, concentrandosi su missioni di difesa contro i missili e servizi di lancio per la difesa.
I veicoli di lancio incorporeranno il motore a razzo Oriole di Kratos, il controllo del vettore di spinta e altri sistemi per eseguire traiettorie di missione complesse.
Kratos Defense & Security Solutions (NASDAQ: KTOS) ha sido adjudicado un importante subcontrato como socio de Corvid Technologies para el programa Short/Medium Range Sub-Orbital Vehicle (SSOV) II. El contrato, otorgado por el Naval Surface Warfare Center, Port Hueneme, White Sands Detachment, tiene un valor potencial que supera los $50 millones si se ejercen todas las opciones.
El alcance incluye el diseño, fabricación y entrega de vehículos suborbitales de corto y medio alcance, junto con hardware de prueba en tierra, equipos de prueba especiales, materiales, ingeniería y servicios de soporte de lanzamiento. El trabajo apoyará tanto a clientes de EE. UU. como internacionales, incluidos Australia y el Reino Unido, centrándose en misiones de defensa contra misiles y servicios de lanzamiento para la defensa.
Los vehículos de lanzamiento incorporarán el motor de cohete Oriole de Kratos, el control del vector de empuje y otros sistemas para ejecutar trayectorias de misión complejas.
Kratos Defense & Security Solutions (NASDAQ: KTOS)는 Corvid Technologies의 파트너로서 Short/Medium Range Sub-Orbital Vehicle (SSOV) II 프로그램에 대한 중요한 하청 계약을 체결했습니다. 이 계약은 Naval Surface Warfare Center, Port Hueneme, White Sands Detachment에 의해 수여되었으며, 모든 옵션이 실행될 경우 잠재적 가치는 $50 백만을 초과합니다.
범위에는 단거리 및 중거리 준궤도 차량의 설계, 제조 및 납품과 함께 지상 시험 하드웨어, 특수 시험 장비, 재료, 엔지니어링 및 발사 지원 서비스가 포함됩니다. 이 작업은 호주와 영국을 포함한 미국 및 국제 고객을 지원하며, 미사일 방어 목표 임무 및 방어 발사 서비스에 중점을 둡니다.
발사 차량은 Kratos의 Oriole 로켓 모터, 추진 벡터 제어 및 복잡한 임무 궤적을 실행하기 위한 기타 시스템을 통합할 것입니다.
Kratos Defense & Security Solutions (NASDAQ: KTOS) a été attribué un important sous-contrat en tant que partenaire de Corvid Technologies pour le programme Short/Medium Range Sub-Orbital Vehicle (SSOV) II. Le contrat, attribué par le Naval Surface Warfare Center, Port Hueneme, White Sands Detachment, a une valeur potentielle dépassant 50 millions de dollars si toutes les options sont exercées.
Le champ d'application comprend la conception, la fabrication et la livraison de véhicules suborbitaux à courte et moyenne portée, ainsi que de matériel de test au sol, d'équipements de test spéciaux, de matériaux, d'ingénierie et de services de soutien au lancement. Le travail soutiendra à la fois des clients américains et internationaux, y compris l'Australie et le Royaume-Uni, en se concentrant sur les missions de défense contre les missiles et les services de lancement de défense.
Les véhicules de lancement intégreront le moteur fusée Oriole de Kratos, le contrôle de vecteur de poussée et d'autres systèmes pour exécuter des trajectoires de mission complexes.
Kratos Defense & Security Solutions (NASDAQ: KTOS) wurde ein bedeutender Subauftrag als Partner von Corvid Technologies für das Programm Short/Medium Range Sub-Orbital Vehicle (SSOV) II erteilt. Der Vertrag, der vom Naval Surface Warfare Center, Port Hueneme, White Sands Detachment vergeben wurde, hat einen potenziellen Wert von über $50 Millionen, wenn alle Optionen ausgeübt werden.
Der Umfang umfasst das Design, die Herstellung und die Lieferung von kurz- und mittelfristigen suborbitalen Fahrzeugen sowie von Bodentesthardware, speziellen Testgeräten, Materialien, Ingenieurwesen und Startunterstützungsdiensten. Die Arbeiten werden sowohl US-amerikanische als auch internationale Kunden, einschließlich Australien und dem Vereinigten Königreich, unterstützen und sich auf Missionen zur Abwehr von Raketen und Verteidigungsstartdienste konzentrieren.
Die Trägerraketen werden Kratos' Oriole-Raketenmotor, Schubvektorsteuerung und andere Systeme integrieren, um komplexe Missionsbahnen auszuführen.
- New contract award with potential value exceeding $50 million
- International market expansion to Australia and UK
- Strategic partnership with Corvid Technologies for defense contracts
- None.
SAN DIEGO, March 11, 2025 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in the defense, national security, and global markets, today announced the award of the Short/Medium Range Sub-Orbital Vehicle (SSOV) II contract as a partner to Corvid Technologies, LLC. The contract, awarded by the Naval Surface Warfare Center, Port Hueneme, White Sands Detachment, will encompass the design, manufacture, and delivery of short- and medium-range suborbital vehicles, including provision of ground test hardware, special test equipment, materials, engineering, and launch support services. The contract includes options which, if exercised, bring the potential subcontract value to greater than
Josh Peterson, Senior Vice President at Kratos Defense & Rocket Support Services, said, “This subcontract award as a partner to Corvid Technologies underscores our team’s ability to deliver advanced, cost-effective solutions that meet the critical launch service needs of our customers. The suborbital vehicle configurations provided under this contract significantly enhance the nation’s ability to rapidly and affordably demonstrate emerging technologies. We are proud to continue supporting the Naval Surface Warfare Center, Port Hueneme, White Sands Detachment, in this very vital mission.”
Work under the subcontract will be performed for U.S. and international customers, including Australia and the United Kingdom, in support of missile defense target missions and defense launch services. Launch vehicles under the contract will include Kratos’ Oriole Rocket Motor, Thrust Vector Control and other hardware and Systems to assist in performing complex mission trajectories.
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS) is a technology, products, system and software company addressing the defense, national security, and commercial markets. Kratos makes true internally funded research, development, capital, and other investments to rapidly develop, produce, and field solutions that address our customers’ mission critical needs and requirements. At Kratos, affordability is a technology, and we seek to utilize proven, leading-edge approaches and technology, not unproven bleeding-edge approaches or technology, with Kratos’ approach designed to reduce cost, schedule, and risk, enabling us to be first to market with cost-effective solutions. We believe that Kratos is known as an innovative disruptive change agent in the industry, a company that is an expert in designing products and systems up front for successful rapid, large quantity, low-cost future manufacturing which is a value add competitive differentiator for our large traditional prime system integrator partners and also to our government and commercial customers. Kratos intends to pursue program and contract opportunities as the prime or lead contractor when we believe that our probability of win (PWin) is high and any investment required by Kratos is within our capital resource comfort level. We intend to partner and team with a large, traditional system integrator when our assessment of PWin is greater or required investment is beyond Kratos’ comfort level. Kratos’ primary business areas include virtualized ground systems for satellites and space vehicles including software for command and control; telemetry, tracking, and control; jet-powered unmanned aerial drone systems; advanced vehicles and rocket systems; propulsion systems for drones, missiles, loitering munitions, supersonic systems, space craft, and launch systems; C5ISR and microwave electronic products for missile, radar, missile defense, space, satellite, counter UAS, directed energy, communication, and other systems; and virtual and augmented reality training systems for the warfighter. For more information, visit www.KratosDefense.com.
Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations, and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events, or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended December 29, 2024, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.
Press Contact:
Claire Burghoff
claire.burghoff@kratosdefense.com
Investor Information:
877-934-4687
investor@kratosdefense.com
FAQ
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