Kratos Defense (KTOS) & Security announced that it has been awarded a contract valued at a maximum of $116.7 million over five years to create and operate an Advanced Fire Control Ground Infrastructure, AFCGI, for the U.S. Space Development Agency’s, SDA, Advanced Fire Control, AFC, program. The AFC will deliver integrated space and ground elements to demonstrate advanced fire control missions for missile defense.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KTOS:
- Kratos Defense price target raised to $30 from $26 at Noble Capital
- BTIG awaiting more clarity on impact of recent Kratos Defense contract awards
- Kratos Defense price target raised to $30 from $27 at JMP Securities
- Kratos Defense Reports Stable Q3 2024 Financials
- Kratos Defense announces Zeus 1, Zeus 2 SRMs complete first flight