Kratos Defense & Security Solutions (KTOS) announced that it was on the Booz Allen Hamilton (BAH) winning team to provide Command, Control, Communications, Computers, and Intelligence systems engineering support to include Command and Intelligence Systems Analysis, Concept Definition, Interface Requirements and System Development and Design for Implementation, Integration, Interoperability, Documentation, Upgrades and Training to support the Space and Naval Warfare Systems Center Pacific, or SSC Pacific. The three-year indefinite-delivery/indefinite-quantity contract is valued at $20M and includes a two-year option which, if exercised, would bring the potential value of this contract to $35.5M.
Stocks fell 1 percent in a volatile session on Wednesday, with losses accelerating after Federal Reserve Chairman …