Michael Vi/iStock Editorial via Getty Images
Kratos Space & Missile Defense Systems (NASDAQ:KTOS); Aerojet Rocketdyne Coleman Aerospace and Corvid Technologies have been awarded a multiple-award, indefinite-delivery/indefinite-quantity, cost-plus-incentive-fee, cost-plus-fixed-fee, and firm-fixed-price contract with a combined maximum ceiling of $877M with a nine-year ordering period for Sounding Rocket Program-4.
This contract provides suborbital launch services and launch support services necessary to accomplish the Rocket Systems Launch Program’s suborbital mission.
Work is expected to be completed by Nov. 15, 2029.
This contract was a competitive acquisition, and three offers were received.
Space Systems Command is the contracting activity.
More on Kratos Defense & Security
#Kratos #Space #bag #877M #Air #Force #contract #NASDAQKTOS