Stock Monitor: Command Security Post Earnings Reporting
LONDON, UK / ACCESSWIRE / February 22, 2018 / Active-Investors.com has just released a free research report on Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) ("Kratos"). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=KTOS as the Company's latest news hit the wire. On February 20, 2018, the Company, a leading developer of transformative, affordable technology for the Department of Defense and commercial customers, declared that its Unmanned Systems Division (USD) has recently received a single award IDIQ (indefinite delivery/indefinite quantity) contract from a US Government Agency for unmanned drone systems and associated command, control, and communications for a maximum potential value of $81 million. Register today and get access to over 1,000 Free Research Reports by joining our site below:
www.active-investors.com/registration-sg
Active-Investors.com is currently working on the research report for Command Security Corporation (NYSE AMER: MOC), which also belongs to the Services sector as the Company Kratos Defense & Security Solutions. Do not miss out and become a member today for free to access this upcoming report at:
www.active-investors.com/registration-sg/?symbol=MOC
Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Kratos Defense & Security Solutions most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:
www.active-investors.com/registration-sg/?symbol=KTOS
This news went well with investors as Kratos' shares were up 1.5% premarket on the day of announcement.
Kratos Unmanned Systems Division (KUSD), An Industry Leader in Unmanned Aerial Drone Systems
Kratos' Unmanned Systems Division (KUSD) is comprised of two business units – Kratos Unmanned Aerial Systems (Kratos UAS) and Kratos Unmanned Control Systems. The Kratos UAS serves the US Department of Defense and friendly nations around the world by delivering high-performance aerial target systems, and advanced unmanned combat aerial platforms while Kratos UAS offers turnkey aerial target services. Kratos personnel are deployed at customer-specified locations to execute aerial target-related missions.
KUSD has emerged as an industry leader in the rapid design, development, and fielding of affordable high-performance jet powered unmanned aerial drone systems for tactical, combat as well as target applications. On February 08, 2018, Kratos announced that it has successfully completed a series of flight tests related to its high-performance unmanned aerial drone systems. The Company tested and demonstrated a number of its upgrades and enhancements to the aerial drone system through these flight test missions.
Steve Fendley, the President of Kratos Unmanned Systems Division, believes this contract is an important milestone in the continued execution of the Company's unmanned systems strategy of developing and applying its intellectual property technologies and Government funded/owned IP for supporting existing as well as evolving unmanned systems and their applications for the warfighter.
Contract Details
The contract from the US Government Agency has a performance period of approximately five years. It is an IDIQ contract, which means it would provide for an indefinite quantity of supplies or services during a fixed period of time.
For this contract, the work will be executed at secure Kratos facilities and at government locations. However, the Company has not shared any additional details about the contract due to its competitive, customer related and other considerations.
KUSD's Other Recent Contracts
KUDS has received several critical contract awards in the last couple of weeks. These include a $93 million award from the US Army and a $23 million new production contract award for a new high-performance jet powered unmanned aerial drone system. These recent contracts signify Kratos successful execution of its strategy to be the industry leader in the rapid development, demonstration and fielding of technology leading systems and products at an affordable cost in its core business areas, i.e. satellite communications, unmanned systems, microwave electronics, missile defense and training systems.
Stock Performance Snapshot
February 21, 2018 - At Wednesday's closing bell, Kratos Defense & Security Solutions' stock declined 1.03%, ending the trading session at $12.52.
Volume traded for the day: 2.11 million shares, which was above the 3-month average volume of 1.72 million shares.
Stock performance in the last month - up 14.23%; previous three-month period - up 25.58%; past twelve-month period - up 45.08%; and year-to-date - up 18.22%
After yesterday's close, Kratos Defense & Security Solutions' market cap was at $1.26 billion.
The stock is part of the Services sector, categorized under the Security & Protection Services industry. This sector was flat at the end of the session.
Active-Investors:
Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
A-I has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@active-investors.com
Phone number: 73 29 92 6381
Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Active-Investors
