Kratos Defense & Security Solutions (KTOS) has received a sole-source contract valued at about $36 million for a new air defense missile system, the company said Thursday.
The company said work will be performed at a secure facility with no further program details disclosed.
Shares of Kratos were up more than 3% in recent premarket activity Thursday.
Price: $54.85, Change: $+1.81, Percent Change: +3.41%