Kratos Lands $61.1M Navy Drone Deal—Analysts Eye 17% Upside

KTOS stock is moving. See the chart and price action here. $61 Million ModificationThe $61.1 million agreement covers the full-rate production of 70 BQM-177A Subsonic Aerial Targets and underscores the company’s expanding influence within the Department of Defense's procurement pipeline. The BQM-177A serves as the Navy's primary Subsonic Aerial Target (SSAT). These drones replicate the flight characteristics and radar signatures of modern enemy subsonic cruise missiles. The Kratos tech enables the Navy to c ...