KTOS News & Events

Kratos Defense & Security Solutions announced that it has recently received an approximate $7 million Production Contract Award for a Counter-UAS System designed to detect, track and classify threats, including low-profile unmanned aerial systems, cruise missiles, and other aerial systems. Work under this program award will be performed in a secure Kratos manufacturing facility. Due to security related and other considerations, no additional information will be provided.

Kratos Defense & Security Solutions announced that its fully virtualized satellite communications ground system, OpenSpace, was employed as part of BlueHalo's milestone demonstration for the U.S. Space Force Space Rapid Capabilities Office Satellite Communication Augmentation Resource program. Kratos said: "BlueHalo, the prime contractor for the SCAR program, successfully demonstrated the integrated backend mission services to USSF Guardian operators at the 2024 Space Symposium in Colorado Springs, CO. During the demonstration, Guardians received an operator orientation for the SCAR system interface, including the system scheduler and backend mission processor. Kratos' OpenSpace Platform is an important piece of the backend system which will pair with BlueHalo's BADGER adaptive phased array product to provide multi-beam, multi-orbit mission operations." BlueHalo's $1.4B Satellite Communication Augmentation Resource program was announced by the USSF Space RCO in May of 2022 to significantly increase satellite control capacity and support their dynamic missions going forward. The program covers initial design through full-rate production-delivering a fleet of transportable, ground-based phased-array antennas and accompanying ground electronics and software to provide robust, flexible command and control capabilities for USSF satellites.

Kratos Defense & Security Solutions announced that its OpenSpace Platform has been deployed as a key part of SSC Space Go, a new service from SSC Space that delivers seamless data access for small satellites in Low Earth Orbit, LEO. "We chose OpenSpace because its orchestration and integrated signal processing deliver the scalability and flexibility required for LEO small sats in a way traditional hardware-based options could not," said Nicholas Priborsky, President Connect at SSC Space. "OpenSpace is an enabler of our growth strategy, giving us the extensibility to evolve our services and introduce new network functions that unlock meaningful revenue opportunities across our global footprint."

The deal size was increased to $1.17B from $1.0B and priced at midpoint of $83.00-$85.00 range. Baird, Raymond James, RBC Capital and Truist are acting as joint book running managers for the offering.