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SAN DIEGO, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in the defense, national security and global markets, announced that it was awarded a Geolocation Global Support Services (GGSS) contract in the amount of $48 million.
Kratos will provide support services to Space Forces Space electromagnetic interference managers and supporting elements with EMI resolution services. Work will be performed in Colorado Springs, Colorado, and is expected to be completed by Oct. 31, 2029. Due to customer related, competitive and other considerations, no additional information will be provided regarding the new contract award at this time. The Kratos owned and operated global RF sensor network supplies intelligence across SDA missions through a variety of available services, among them bandwidth monitoring, geolocation, signal characterization, interference mitigation and tracking and maneuver detection, as well as other capabilities. Kratos' satellite communications experts manage the 24/7 network operations center with coverage of L, S, C, X, and Ku bands. RF data is monitored and collected by Kratos’ global deployment of RF sensors comprising more than 21 worldwide sites hosting more than 190 fixed and steerable sensors and antennas. Kratos internally funded and constructed, its one-of-a-kind, world-wide, Space Domain Awareness network, and currently counts the U.S. government and many of the world’s largest commercial satellite operators as customers for its signal management expertise.
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) is a technology, products, system and software company addressing the defense, national security, and commercial markets. Kratos makes true internally funded research, development, capital and other investments, to rapidly develop, produce and field solutions that address our customers’ mission critical needs and requirements. At Kratos, affordability is a technology, and we seek to utilize proven, leading edge approaches and technology, not unproven bleeding edge approaches or technology, with Kratos’ approach designed to reduce cost, schedule and risk, enabling us to be first to market with cost effective solutions. We believe that Kratos is known as an innovative disruptive change agent in the industry, a company that is an expert in designing products and systems up front for successful rapid, large quantity, low cost future manufacturing which is a value add competitive differentiator for our large traditional prime system integrator partners and also to our government and commercial customers. Kratos intends to pursue program and contract opportunities as the prime or lead contractor when we believe that our probability of win (PWin) is high and any investment required by Kratos is within our capital resource comfort level. We intend to partner and team with a large, traditional system integrator when our assessment of PWin is greater or required investment is beyond Kratos’ comfort level. Kratos’ primary business areas include virtualized ground systems for satellites and space vehicles including software for command & control (C2) and telemetry, tracking and control (TT&C), jet powered unmanned aerial drone systems, hypersonic vehicles and rocket systems, propulsion systems for drones, missiles, loitering munitions, supersonic systems, space craft and launch systems, C5ISR and microwave electronic products for missile, radar, missile defense, space, satellite, counter UAS, directed energy, communication and other systems, and virtual & augmented reality training systems for the warfighter. For more information, visit www.KratosDefense.com.