Aerospace Group:

Army

Army Awards Kratos $93 Million Deal For Unmanned Aerial Drone Systems

By Matthew Beinart

Tuesday, January 2nd, 2018

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Army Awards Kratos $93 Million Deal For Unmanned Aerial Drone Systems

Unmanned System Photo: Kratos Defense & Security Solutions

The Army has awarded Kratos’ [KTOS] Unmanned Systems Division (KUSD) a $93 million deal for advanced subscale aerial drone systems and an unmanned target aircraft. Funding for the deal, announced Tuesday, will be determined with each order and is expected to reach completion in December 2022."The receipt of this $93 million contract award for Kratos unmanned aerial drone systems is another important milestone in the successful execution of our strategy in building the leading high performance UAS Company in the…

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