PARIS — Satellite communications is among the most-favored categories in the U.S. Defense Department budget proposal as the U.S. repositions its military spending away from asymmetric threats, Kratos Defense and Security Solutions Chief Executive Eric M. DeMarco said.
The uplift in military satcom spending, combined with Kratos’ position in tactical and target drones, is one of the reasons DeMarco is telling investors that the company is in for sharp growth in revenue and profit.
Recent years’ focus on internal research and development spending to accumulate intellectual property . . .
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