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Kratos Defense & Security Solutions And GE Aerospace Announce Joint U.S. Air Force Contract For $12.4M To Design Next Gen Engine For Small Collaborative Combat Aircraft
GE Aerospace -2.29%
Kratos Defense & Security Solutions, Inc. -2.16%
GE Aerospace GE | 299.69 | -2.29% |
Kratos Defense & Security Solutions, Inc. KTOS | 87.53 | -2.16% |
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leader in defense, national security and global markets, and GE Aerospace (NYSE:GE), today announced a joint U.S. Air Force contract for $12.4M to design a next generation engine for small Collaborative Combat Aircraft (CCA). The initial phase of the program will complete the preliminary design of the GEK1500 engine to meet demanding performance requirements while achieving aggressive cost targets for affordable mass.
