Hello, Guest!
  • Thursday, April 25, 2024

Kratos Wins Comm, Data Center Equipment Contracts; Eric DeMarco Comments

kratos logoKratos Defense & Security Solutions (NASDAQ: KTOS) has won $3 million in contract awards to provide products and equipment for unidentified modular data center and communications-related programs.

The contracts are part of the company’s strategy to grow in new security and other markets with existing products and technology, Kratos said Monday.

Eric DeMarco, Kratos president and CEO, said the company aims to bring the same products and technology meant for the U.S. government into commercial and international security markets.

Kratos declined to release other information due to the sensitive nature of the products and other customer concerns.

Video of the Day

Related Articles

Lockheed, Raytheon CEOs Highlight Intl Sales Environment Amid Oil Price Headwinds & Incoming Trump Administration Financial Report

Lockheed, Raytheon CEOs Highlight Intl Sales Environment Amid Oil Price Headwinds & Incoming Trump Administration

The chief executives of Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) described to investors Wednesday their expectations of the foreign military sales environment in light of oil price volatility worldwide and President-elect Donald Trump’s campaign suggestion that U.S. allies contribute more financial resources to their own defense. Both CEOs told attendees at the Credit Suisse Industrials Conference

Former Honeywell Defense & Space Chief Carey Smith Joins Parsons as Federal Unit Head Executive Moves

Former Honeywell Defense & Space Chief Carey Smith Joins Parsons as Federal Unit Head

Carey Smith, former president of Honeywell‘s (NYSE: HON) defense and space business, has joined Parsons Corp. as president of the Pasadena, Calif.-based engineering and infrastructure services contractor’s U.S. federal business unit. Parsons said Tuesday Tom Roell will return to his full-time post as vice chairman and chief risk adviser after three months as interim federal

October 25 Market Close: GovCon Index Ends 2-Week Stay Below 80; Lockheed Posts Best Day in 7 Years on Upbeat Guidance Financial Report

October 25 Market Close: GovCon Index Ends 2-Week Stay Below 80; Lockheed Posts Best Day in 7 Years on Upbeat Guidance

Executive Mosaic’s GovCon Index closed above 80 points Tuesday for the first time in two weeks despite declines in the larger U.S. stock market after Lockheed Martin (NYSE: LMT) posted its best one-day advance in seven years surged on upbeat financial outlooks for this year and 2017 to lead all GCI gainers. GovCon Index laggers and gainers split roughly even but seven