Category Archives: Targets

Kratos Acquires Florida Turbine Technologies

Kratos Mako Unmanned Tactical Aerial Platform (UTAP-22)

Kratos Defense & Security Solutions, Inc. announced that it has acquired an 80.1% interest in Florida Turbine Technologies, Inc. and FTT Core, LLC (collectively “FTT”), a leading technology company and innovation leader in advanced turbine engines, for $60 million, consisting of $33 million in cash and $27 million in Kratos common stock.  Kratos has an option to acquire the remaining 19.9% of FTT at a future date.  Continue reading

Sweden Buys Kratos MQM-178 Firejet

Kratos Firejet (MQM-178) on its Pneumatic Launcher

Kratos Defense & Security Solutions, Inc. announced that it has received a sole source, single award contract from Swedish Defense Materiel Administration(FMV) for Kratos’ MQM-178 Firejet aerial target aircraft and associated  ground support equipment, spares, payloads, components, expendables, and support services.  Continue reading

Kratos Gets $81M US Government UAS Contract

Kratos Defense & Security Solutions, Inc., a National Security Solutions provider, announced that its Unmanned Systems Division (USD) recently received a single award IDIQ contract with a maximum potential value of $81,000,000 from a U.S. Government Agency related to unmanned drone systems and associated command, control, and communications.  Continue reading