Kratos Receives $3.8 Million Contract Award to Support AMRAAM(R) Missile Program

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Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that its Micro Systems, Inc. subsidiary has received a $3.8 million firm fixed price single contract award from Raytheon Missile Systems to provide radar tracking transponders for the AMRAAM® missile. The period of performance on the contract is three years.

Kevin Ferguson, Sr. Vice President and General Manager of Micro Systems, Inc., said, „We are very pleased to continue our long-standing relationship with Raytheon Missile Systems. This multi-year contract demonstrates our long term commitment to the success of the AMRAAM® missile program and this very valuable customer.”

Source / Author: Kratos