Kratos: Space-dominated KGS division organic revenue up 22% in Q2, and 36.4% including Orbit, Nomad acquisitions

by Peter B. de Selding

TUPPER LAKE, NY — Kratos Defense and Security Solutions said its space business is growing at the expected high rate but that the growth is difficult to describe publicly because most of its big contracts are classified.

In the three months ending June 30, the Kratos Government Systems (KGS) division, which includes most of the company’s space technology, grew 22% organically from a year ago, and was up 36.4%, to $379.4 million, when the performance of Nomad Global Communications Solutions and Orbit Technologies . . .

To view the entire article, become a subscriber!

You may also like