Kratos awarded $54m task order to develop a low cost, limited life engine for attritable and expendable systems

San diego, july 25, 2022 (globe newswire) -- kratos defense & security solutions, inc. (nasdaq: ktos), a leading national security solutions provider, announced today that kratos turbine technologies (ktt) division has been awarded a task order contract to develop a low cost, limited life engine for attritable and expendable systems. the contract is part of the air force research laboratory, aerospace systems directorate, turbine engine division (afrl/rqt), attritable cost optimized limited life engine technologies (acollet) program. under prior and existing contracts, ktt has completed component rig and core engine testing and has recently begun full engine ground testing. the initial, $6.8m, effort will focus on key component testing and engine optimization trade studies to validate the capabilities the engine can bring to future systems. additional, unfunded, options are available to complete the engine design and testing for future flight demonstrations. the work will be performed by ktt in florida.
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