Aerospace Group:

Army

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

By Matthew Beinart

Tuesday, January 2nd, 2018

SHARE:

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…

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]