[SatNews] Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) announces its RT Logic subsidiary has received a $49 million firm fixed price, IDIQ, single contract award from a U.S. Government Agency for Satellite and Communication System hardware, equipment and products. The period of performance on the contract is five years with funding to be determined with each respective hardware order under the contract vehicle. The first delivery orders under the contract, totaling more than $8 million, have been received by the Company.
The dual-use technology being deployed in support of this contract has also been sold to major commercial Satellite Communications (SATCOM) operators to support their new multi-billion dollar investments in High Throughput Satellite (HTS) SATCOM fleets.
"This technology supports the new, next-generation wideband digital SATCOM payloads that are now coming on line and will dominate the growth of SATCOM for years to come. Kratos' overarching strategy and related R&D investments in next-generation SATCOM payload monitoring is already paying dividends," said John Monahan, President of RT Logic.
RT Logic is part of Kratos' Technology & Training Solutions Division (KTTS) which specializes in providing systems products, solutions, and services for satellite communications command and control, signal monitoring and communications network management, as well as intelligence, cyber security and training products, solutions and services.
Phil Carrai, President of KTTS Division, said, "KTTS's satellite and communications products and services have supported more than 85 percent of U.S. government space missions and are used by more than 75 percent of commercial satellite operators around the globe, making Kratos a leading provider of end-to-end ground segment solutions including satellite systems command and control, monitoring, signal processing and intelligence products and technologies. We are proud to support this important national security customer in its mission."
Due to customer related and other considerations, no additional information will be provided related to this contract award.