Defense and Security Stock Trading Alert: Kratos (NasdaqGS: KTOS) Continues on Yesterday's Gains
Category: Investment, Defense, Homeland Security
Visit this company: Kratos
New York, New York - September 18, 2012 (Investorideas.com Newswire, www.homelanddefensestocks.com) Investorideas.com, an investor research portal specializing in sector research including defense and Homeland Defense stocks issues a trading alert for Kratos Defense & Security Solutions, Inc. (NasdaqGS: KTOS) The stock continues on yesterday's gains on news yesterday of a Qatar Satellite deal. The stock is up another 4% in morning trading, currently at $6.04, gaining 0.24 or 4.14% as of 11:12AM EDT on just under 500,000 shares.
Today the Company reported that its SAT Corporation subsidiary has been awarded a contract by the United States Strategic Command (USSTRATCOM) to provide worldwide Radio Frequency (RF) interference geolocation services. The award is valued at $13.2 million if all options are exercised.
Kratos Defense & Security Solutions, Inc. (KTOS) is a specialized National Security technology business providing mission critical products, services and solutions for United States National Security. Kratos' core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs. Kratos' areas of expertise include Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance (C5ISR), satellite communication systems, unmanned systems, cyber warfare, cyber security, information assurance, and critical infrastructure security. Kratos has primarily an engineering and technically oriented work force of approximately 4,400. The vast majority of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos' primary end customers are National Security related agencies. News and information are available at www.KratosDefense.com.
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