Kratos/ECS Federal Team Awarded $850 Million Multiple-Award DARPA Contract
Source: Nasdaq GlobeNewswire / 04 Mar 2019 09:15:25 America/New_York
SAN DIEGO, March 04, 2019 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider, announced today that its Defense & Rocket Support Services Division is a key member of the ECS Federal Team recently awarded an $850 million Multiple-Award Indefinite-Delivery Indefinite-Quantity (IDIQ) contract to provide Advisory and Assistance Services (A&AS) to the Defense Advanced Research Projects Agency (DARPA) in Arlington, Virginia. Kratos, along with ECS Federal, will provide technical and analytical services to advance DARPA’s mission to push technological boundaries and create breakthrough technologies to support national security.
Tim Harmon, Vice President of Kratos’ Advanced Naval Weapon Systems Business Unit, said, "We are very excited to collaborate with ECS Federal and DARPA to develop innovative solutions that address U.S. National Security gaps.”
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 a streamlined development process. Kratos specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training and combat systems. For more information go to www.kratosdefense.com.
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