Kratos Receives Potential $50M Contract for Short-Medium Range Sub-Orbital Vehicle II in Missile Defense

Kratos Defense & Security Solutions Awarded Contract for Short-Medium Range Sub-Orbital Vehicles

On March 11, 2025, Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading technology company in the defense, national security, and global markets, announced the award of the Short/Medium Range Sub-Orbital Vehicle (SSOV) II contract. This contract was awarded by the Naval Surface Warfare Center, Port Hueneme, White Sands Detachment.

Contract Details

The contract will encompass the design, manufacture, and delivery of short- and medium-range suborbital vehicles. Kratos will be partnering with Corvid Technologies, LLC, for this project. The contract includes the provision of ground test hardware, special test equipment, materials, engineering, and launch support services.

Contract Value

The base contract value is significant, but the potential subcontract value is even more impressive. The base contract value is not disclosed in the press release, but the options, if exercised, could bring the potential subcontract value to greater than $50 million.

Impact on the Defense Industry

This contract award highlights Kratos’ continued growth in the defense industry. The company’s expertise in technology and engineering will be crucial in designing and manufacturing short- and medium-range suborbital vehicles. The partnership with Corvid Technologies also underscores the importance of collaboration in the defense industry to tackle complex projects.

Impact on the Public

While the specific applications of short- and medium-range suborbital vehicles are not disclosed in the press release, it is safe to assume that they will have military applications. Therefore, the impact on the public is indirect. However, this contract award could lead to advancements in technology that have civilian applications, such as satellite deployment or space tourism.

Conclusion

The award of the SSOV II contract to Kratos Defense & Security Solutions is a significant milestone for the company and the defense industry. The potential subcontract value of over $50 million underscores the importance of this project. While the specific applications of the vehicles are not disclosed, the partnership with Corvid Technologies and the focus on technology and engineering suggest that this project will push the boundaries of what is possible in the realm of short- and medium-range suborbital vehicles.

Sources

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