Kratos Defense and Security Solutions (Nasdaq: KTOS) has secured a multimillion dollar contract to build a virtual simulation environment for the U.S. Army's Night Vision and Electronic Sensors Directorate. The company said Wednesday it will provide a virtual prototyping holodeck intended to help the service branch simulate equipment and battle environments.

A team composed of Lockheed Martin (NYSE: LMT), Kratos Defense & Security Solutions (Nasdaq: KTOS) and Ball Aerospace has received a $7.2M contract from the Defense Innovation Unit to build a Multi-Band, Multi-Mission satellite antenna prototype.

TYSONS CORNER, VA, May 9, 2019 — Kratos Defense and Security Solutions (Nasdaq: KTOS) is working with Aerovironment to demonstrate an unmanned aircraft system in which a small tube-launched drone can be deployed from another that is larger and runway-independent to operate across multiple domains in near-peer, denied environments, ExecutiveBiz …

TYSONS CORNER, VA, April 23, 2019 — Kratos Defense and Security Solutions (Nasdaq: KTOS) has helped fund, coordinate and develop an operational plan for the recently established Space Information Sharing and Analysis Center as a founding member of the organization, ExecutiveBiz reported April 9. The company said April 8 the …

TYSONS CORNER, VA, March 7, 2019 — Kratos Defense and Security Solutions (Nasdaq: KTOS) has completed the requirements to reach initial operational capability on a subsonic aerial target system that it built for the U.S. Navy, ExecutiveBiz reported Wednesday. The company said Tuesday the Navy declared the IOC status of …

Kratos Defense and Security Solutions (Nasdaq: KTOS) has acquired a controlling interest in Florida Turbine Technologies for $60M in cash and stock and formed a new business unit as a result of the transaction. FTT will operate as part of the newly created Kratos Turbine Technologies division, which will focus on the …

TYSONS CORNER, VA, January 14, 2018 — Phil Carrai, president of the Kratos Defense and Security Solutions (Nasdaq: KTOS) technology and training solutions division, has highlighted the growing importance of ground systems amid recent trends in the increasingly competitive satellite telecommunications industry, ExecutiveBiz reported Tuesday. Via Satellite reported Jan. 7 that …

TYSONS CORNER, VA, January 7, 2018 — Kratos Defense and Security Solutions (Nasdaq: KTOS) will work on several space and satellite communications programs with U.S. and other defense customers via an estimated $65M in new contract wins, options and renewals, ExecutiveBiz reported Wednesday. The company said Dec. 31 it will supply …

TYSONS CORNER, VA, December 17, 2018 — Kratos Defense and Security Solutions (Nasdaq: KTOS) and its partner Space Vector will collaborate in an effort to design and develop a suborbital launch vehicle for the U.S. Air Force, ExecutiveBiz reported Friday. The collaboration serves to fulfill work awarded to the Space Vector-led team …

TYSONS CORNER, VA, November 28, 2018 — Kratos Defense and Security Solutions (Nasdaq: KTOS) is set to unveil a new mixed-reality training platform at this week’s Interservice/Industry Training, Simulation and Education Conference in Florida, ExecutiveBiz reported Tuesday. The company said Monday its Kratos Platform features commercial off-the-shelf components and is designed …