Kratos Defense & Security Solutions receives a $30 million contract for the production of air defense hardware. Truist analysts see potential up to $38.
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Kratos Defense & Security Solutions (KTOS) shows relative strength in a weak market environment – supported by its inclusion in the S&P SmallCap 600, strong order intake in key areas such as hypersonic technology and unmanned systems, and an attractive growth outlook. The company expects double-digit revenue growth in the coming years and benefits from defense initiatives like Golden Dome USA. On Thursday (April 17), the company was awarded a sole-source contract worth approximately $30 million for the production of air defense hardware....
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