Army Names 4 Firms on Potential $93M Contract for Aerial Target Systems Research

The U.S. Army has selected four companies for positions on a potential $93.4 million contract for research, development, test and evaluation services focused on aerial target systems over a five-year period.

The Defense Department said Tuesday Griffon Aerospace, Kord Technologies, Kratos Defense and Security Solutions (Nasdaq: KTOS) and Trideum may bid for orders under the cost-plus-fixed-fee contract.

DoD added the required work is in support of the Aerial Target Systems 2 program, with locations and funding to be determined upon the award of each order.

The Army Contracting Command solicited bids online for the contract, which runs through May 21, 2023.

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