Kratos Secures Contract In Japan - Check Out The Details

• Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) has secured a contract to build a state-of-the-art C-band Geostationary Orbit (GSO) Satellite Spectrum Monitoring Facility. Financial terms were not disclosed.

• Kratos is implementing this solution for Japan's Ministry of Internal Affairs and Communications (MIC) as part of a collaborative effort with Japan's main satellite operator, SKY Perfect JSAT.

• Kratos is working closely with SKY Perfect JSAT, the prime contractor coordinating with the Japanese government, to implement the project and host the C-band antennas.

• "Kratos will help the MIC and regulators around the globe to minimize interference, check licensing and assure the spectrum," commented Susumu Fujimoto, President of Kratos Communications Japan.

• Price Action: KTOS shares are trading lower by 2.61% at $13.83 on the last check Thursday.

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