Kratos satellilte/space business posts book to bill of 3:1 in Q1 with Space Force MEO constellation ground network contract

by Peter B. de Selding

LA PLATA, Maryland — Kratos Defense and Security Solutions has been telling investors for several years now that its satellite business, including its showcase OpenSpace virtual ground system, is in take-off mode. The company’s Q1 financial results suggest it may have begun.

Kratos’s space and satellite business is inside the Kratos Government Solutions (KGS) division. In a May 7 investor call, Kratos Chief Executive Eric M. DeMarco said the division reported a book-to-bill ratio of 1.8:1 in the three months ending . . .

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