GOVERNMENT BUSINESS

Kratos Receives $50 Million Sole Source Contract Option Award for 65 Production BQM-177A Aerial Target Drones from U.S. Navy

Kratos | December 29, 2021

Kratos Defense & Security Solutions, Inc. , a leading National Security Solutions provider, announced today following the Government announcement, that Kratos Unmanned Aerial Systems (KUAS) has been awarded a $50,917,490 contract modification (P00007) to a previously awarded firm-fixed-price contract (N0001920C0075). This modification exercises an option to procure 65 BQM-177A Subsonic Aerial Targets, 50 for the Navy, seven for the government of Japan, and eight for the government of Saudi Arabia, as well as associated technical and administrative data in support of full rate production lot three. The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity. Due to customer-related, competitive, security, and other considerations, no additional information will be provided.

Steve Fendley, President of Kratos Unmanned Systems Division, said, “The Kratos team is incredibly proud to receive this third consecutive full rate production option award supporting our U.S. Navy customer. We are also excited that 15 of these drone aircraft will support the U.S. Government’s foreign allies. Throughout the challenges of the last two years, Kratos has remained focused on developing, producing, and delivering target and tactical drone systems to support the established and forecasted customer needs.”

About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development.

Spotlight

On this edition of The SAM Assistance Program, government contracting federal set-asides are discussed including: 8(a), HUBZone, Service Disabled Veteran Owned Business and Women Owned business registration. All of these government contracting registrations apply advantages to any and all business registered in each of these set-asides. All of these federal set-asides offer billions of contracting dollars to small businesses registered and registered properly.

Spotlight

On this edition of The SAM Assistance Program, government contracting federal set-asides are discussed including: 8(a), HUBZone, Service Disabled Veteran Owned Business and Women Owned business registration. All of these government contracting registrations apply advantages to any and all business registered in each of these set-asides. All of these federal set-asides offer billions of contracting dollars to small businesses registered and registered properly.

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