Naval air systems command awards kratos sole source $49.6 million initial contract for full rate production (lot 4) of the bqm-177a subsonic aerial target system

San diego, feb. 23, 2023 (globe newswire) -- kratos defense & security solutions, inc. (nasdaq: ktos), a leading national security solutions provider and industry-leading provider of high-performance, jet-powered unmanned aerial systems, announced today that kratos has received a $49,568,200 full rate production (frp) contract for lot 4 of the bqm-177a subsonic aerial target (ssat) from the u.s. navy for the procurement of an additional 55 aircraft, mission kits, certain flight consumables, and technical data.
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