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Kratos Expects to Receive Largest-to-Date Tactical Drone Contract Late Next Year

Frank Wolfe

Friday, November 3rd, 2023

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Kratos Expects to Receive Largest-to-Date Tactical Drone Contract Late Next Year

Pictured is a rendition of the stealth Thanatos drone Kratos is developing. The depiction was in a Nov. 2 Kratos earnings release (Kratos Image)

In a third quarter earnings call on Nov. 2, Kratos [KTOS] CEO Eric DeMarco said that the company forecasts revenue growth of 10 percent next year without potential tactical drone production orders and that he expects Kratos will win its "largest to-date tactical drone related contract award" late next year. The company released a depiction of its planned Thanatos tactical drone on Nov. 2. Kratos has mentioned Thanatos and Athena, another tactical drone, in the past, including in this 2019…

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