Kratos Defense awarded $579M Air Force contract
The Fly

Kratos Defense awarded $579M Air Force contract

Kratos has been awarded a single-award, indefinite-delivery/indefinite-quantity contract with a ceiling value of $579M for the Command-and-Control System Consolidated, or CCS-C, Sustainment and Resiliency. This contract will sustain and provide post-production development for the current CCS-C system for telemetry, tracking and commanding of current and future military communication satellites. This award is the result of a competitive acquisition with one solicitation mailed and one offer received. No funds will be obligated on the basic contract. FY24 Space Force operations and maintenance funds in the amount of $6.28M will be obligated on a subsequent task and delivery order. Space Systems Command is the contracting activity.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on KTOS:

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App