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Kratos Awarded $400 Million Contract for US Air Force Skyborg Development

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Kratos Awarded $400 Million Contract for US Air Force Skyborg Development

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Kratos Awarded $400 Million Contract for US Air Force Skyborg Development
Kratos Awarded $400 Million Contract for US Air Force Skyborg Development

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that Kratos Unmanned Systems Division has been awarded a five-year indefinite delivery, indefinite quantity (IDIQ) contract valued at up to $400 million for the development, integration, and prototype air vehicle delivery in support of the U.S. Air Force’s Skyborg program. Work under the program award will be performed at secure Kratos manufacturing and production facilities located in Oklahoma and California over the next 60 months.

Skyborg is an autonomy-focused capability that will enable the Air Force to operate and sustain low-cost, teamed aircraft that can thwart adversaries with quick, decisive actions in contested environments. The program will enable airborne combat mass by building a transferable autonomy foundation for a family of layered, unmanned air vehicles. This foundation will deliver unmatched combat capability per dollar by lowering the barriers to entry for industry and allowing continuous hardware and software innovation in acquisition, fielding and sustainment of critical mission systems. During this effort, AFRL will prototype a suite of autonomy and unmanned system technologies equipped with capabilities that can support a range of Air Force missions.

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Eric DeMarco, President and CEO of Kratos Defense, said, “Kratos operates at the nexus of advanced jet drones, space and satellite communications, microwave electronics, next generation jet engines, missile defense, and hypersonic vehicles. At Kratos, affordability is a technology, and we are executing on our plan to be a disruptive leader providing affordable systems to our DoD and National Security partners and customer base which we work extremely closely with. We believe that this plan is completely complimentary to the Skyborg mission, and we look forward to supporting the Skyborg program for the USAF.”

Steve Fendley, President of Kratos Unmanned Systems Division, said, “Skyborg is a critical U.S. Air Force Vanguard program that will ensure the United States maintains our technological dominance in a period of significant nation-state competition and our readiness for the future of aircraft-based warfare. Kratos has been and remains committed to advancing affordable unmanned technologies, and we are proud to be a Skyborg prime contractor, helping enable the DoD to significantly increase mass and effect at dramatically reduced cost compared to traditional aircraft programs.”

To fast track this game-changing capability, the U.S. Air Force designated Skyborg as one of three Vanguard programs in 2019. These priority initiatives integrate several technology components across multiple domains to create complex, multidisciplinary solutions. Marked by an enterprise-wide commitment, Vanguards deliver advanced capabilities that transform future operations with cutting-edge technologies. As autonomy technology matures, Skyborg will bring cutting-edge capabilities to the fight at a faster pace and lower cost.

Kratos Defense & Security Solutions, Inc. develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. Kratos specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development.

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