Kratos Subsidiary Gets Foreign Sales Deal Worth $23.4MTuesday, December 27, 2016
A subsidiary of San Diego-based Kratos Defense plans to supply $23.4 million worth of missile components to Taiwan through 2019, the Pentagon announced Dec. 9.
Madison Research Corp. of Huntsville, Ala., will provide 450 thermal batteries, 466 rocket motors, 150 safety and arming devices and 248 warheads for the Chaparral short-range air defense missile system, the Pentagon statement said. Madison will also provide technical and engineering services and solutions, according to a statement from Kratos (Nasdaq: KTOS).
The U.S. Army Contracting Command at Redstone Arsenal, Ala., is handling the sale. Bids were submitted through the internet with two received, the Pentagon said.
Madison Research Corp. is a business unit of Kratos Defense & Rocket Support Services, which is a division of Kratos Defense & Security Solutions Inc.