BUZZ-Kratos rises after securing OTA contract worth $1.45 bln

Reuters01-06 23:41

** Shares of defence contractor Kratos Defense and Security Solutions KTOS.O jump 6.1% to $29.16

** Co says it has been awarded a five-year OTA contract for MACH-TB 2.0 for the total value of $1.45 billion

** Stock rose 30% in 2024

(Reporting by Jaiveer Singh Shekhawat in Bengaluru)

((JaiveerSingh.Shekhawat@thomsonreuters.com;))

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