Kratos Receives New Hypersonic System Program Award with Total Potential Value of Approximately $100 Million
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 (NASDAQ: KTOS) ha ottenuto un nuovo contratto per un programma di sistemi ipersonici con un valore potenziale totale di circa 100 milioni di dollari. L'azienda ha ricevuto un finanziamento iniziale di 15 milioni di dollari al momento dell'assegnazione del contratto, con un ulteriore finanziamento significativo previsto per la seconda metà dell'anno fiscale 2025.
Con il contratto, Kratos fornirà ingegneria, sistemi e hardware, con il lavoro svolto presso le strutture sicure di fabbricazione, produzione e integrazione dei sistemi di Kratos. L'esperienza dell'azienda nella fornitura di hardware e sistemi di qualità militare su larga scala è stata citata come un fattore chiave per la vittoria di questo contratto.
Kratos è riconosciuta come leader del settore nello sviluppo rapido di sistemi ipersonici accessibili, tra cui Erinyes e Zeus, droni aerei senza pilota tattici come Thanatos e Valkyrie, motori a reazione per droni aerei e missili, e hardware C5ISR correlato.
Kratos Defense & Security Solutions (NASDAQ: KTOS) ha obtenido un nuevo contrato para un programa de sistemas hipersónicos con un valor total potencial de aproximadamente 100 millones de dólares. La empresa ha recibido un financiamiento inicial de 15 millones de dólares al momento de la adjudicación del contrato, con un financiamiento adicional significativo esperado para la segunda mitad del año fiscal 2025.
Bajo el contrato, Kratos proporcionará ingeniería, sistemas y hardware, con el trabajo a realizarse en las instalaciones seguras de fabricación, producción e integración de sistemas de Kratos. La experiencia de la empresa en la entrega de hardware y sistemas de calidad militar a gran escala fue citada como un factor clave para ganar este contrato.
Kratos es reconocida como líder de la industria en el desarrollo rápido de sistemas hipersónicos asequibles, incluyendo Erinyes y Zeus, drones aéreos no tripulados tácticos como Thanatos y Valkyrie, motores a reacción para drones aéreos y misiles, y hardware C5ISR relacionado.
Kratos Defense & Security Solutions (NASDAQ: KTOS)는 총 잠재 가치가 약 1억 달러인 새로운 극초음속 시스템 프로그램 계약을 체결했습니다. 이 회사는 계약 체결 시 1,500만 달러의 초기 자금을 받았으며, 2025 회계 연도 하반기에는 상당한 추가 자금이 예상됩니다.
계약에 따라 Kratos는 엔지니어링, 시스템 및 하드웨어를 제공하며, 작업은 Kratos의 안전한 제작, 제조 및 시스템 통합 시설에서 수행됩니다. 대규모 군사 품질 하드웨어 및 시스템을 제공하는 회사의 전문성이 이 계약을 획득하는 데 중요한 요소로 언급되었습니다.
Kratos는 Erinyes 및 Zeus, Thanatos 및 Valkyrie와 같은 전술 무인 제트 드론 항공기, 항공 드론 및 미사일용 제트 엔진, 관련 C5ISR 하드웨어를 포함하여 저렴한 극초음속 시스템의 빠른 개발에서 업계 리더로 recognized됩니다.
Kratos Defense & Security Solutions (NASDAQ: KTOS) a obtenu un nouveau contrat pour un programme de systèmes hypersoniques d'une valeur potentielle totale d'environ 100 millions de dollars. L'entreprise a reçu un financement initial de 15 millions de dollars au moment de l'attribution du contrat, avec un financement supplémentaire significatif prévu pour la seconde moitié de l'exercice 2025.
Dans le cadre du contrat, Kratos fournira des services d'ingénierie, des systèmes et du matériel, le travail devant être réalisé dans les installations de fabrication, de production et d'intégration des systèmes sécurisées de Kratos. L'expertise de l'entreprise dans la fourniture de matériel et de systèmes de qualité militaire à grande échelle a été citée comme un facteur clé pour l'attribution de ce contrat.
Kratos est reconnu comme un leader de l'industrie dans le développement rapide de systèmes hypersoniques abordables, y compris Erinyes et Zeus, des drones à réaction tactiques sans pilote tels que Thanatos et Valkyrie, des moteurs à réaction pour drones aériens et missiles, ainsi que du matériel C5ISR associé.
Kratos Defense & Security Solutions (NASDAQ: KTOS) hat einen neuen Vertrag für ein Hyperschallsystemprogramm mit einem potenziellen Gesamtwert von etwa 100 Millionen Dollar gesichert. Das Unternehmen hat zum Zeitpunkt der Vertragsvergabe eine Anfangsfinanzierung von 15 Millionen Dollar erhalten, wobei in der zweiten Hälfte des Geschäftsjahres 2025 erhebliche zusätzliches Geld erwartet wird.
Im Rahmen des Vertrags wird Kratos Ingenieurleistungen, Systeme und Hardware bereitstellen, wobei die Arbeiten in den sicheren Fertigungs-, Produktions- und Systemintegrationsanlagen von Kratos durchgeführt werden. Die Expertise des Unternehmens in der Bereitstellung von militärischem Hardware und Systemen in großem Maßstab wurde als Schlüsselfaktor für den Gewinn dieses Auftrags genannt.
Kratos wird als Branchenführer in der schnellen Entwicklung kostengünstiger Hyperschallsysteme anerkannt, darunter Erinyes und Zeus, taktische unbemannte Jet-Drohnen wie Thanatos und Valkyrie, Jet-Triebwerke für Drohnen und Raketen sowie verwandte C5ISR-Hardware.
- Secured new hypersonic system contract worth potential $100 million
- Received immediate $15 million funding with significant increases expected in H2 2025
- Demonstrates strong position in military hardware and hypersonic systems market
- None.
Insights
The $100 million hypersonic system contract represents a strategic expansion in Kratos' hypersonic capabilities portfolio. The initial
The contract's structure suggests a prototype-to-production pathway, leveraging Kratos' established manufacturing infrastructure and expertise in rapid development cycles. Their proven track record with programs like Erinyes and Zeus positions them favorably in the hypersonic defense sector, where speed-to-market and cost-effectiveness are important differentiators.
The timing of this award is particularly noteworthy given the current global security landscape and the Pentagon's push for accelerated hypersonic capabilities development. Kratos' approach of "products today, not PowerPoints" directly addresses the military's urgent need for deployable systems rather than conceptual solutions.
The emphasis on "military quality hardware at scale" suggests this program likely involves critical subsystems or testing infrastructure for hypersonic weapons development. Kratos' established facilities and security clearances provide a competitive moat in this specialized market segment, where few contractors can meet the stringent requirements for hypersonic system development and testing.
This contract carries significant financial implications beyond its
The contract's focus on hypersonics, a key growth area in defense spending, could lead to follow-on awards and expanded program scope. Kratos' emphasis on affordable solutions positions them well for future contract competitions, particularly as defense budgets face increased scrutiny for cost-effectiveness.
SAN DIEGO, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in Defense, National Security and Global Markets, announced today that it has recently received an approximate
Tom Mills, President of Kratos C5ISR Division, stated, "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."
Eric DeMarco, Kratos President and CEO, said, "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."
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 & control (C2) and telemetry, tracking and control (TT&C), jet powered unmanned aerial drone systems, hypersonic 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 & 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 31, 2023, 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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