Friday, March 7, 2014

Bought Some More Kratos Defense & Security Solutions (KTOS) at $8.14

Bought some more Kratos Defense & Security Solutions (KTOS) this morning (02014.03.07) at $8.14. I read the following at Defense.gov this morning.
Kratos Technology & Training Solutions Inc., San Diego, Calif., was awarded a potentially estimated $35,211,430 indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee, multiple-award contract to support Space and Naval Warfare Systems Center Pacific’s Training Development and Support Center to provide training for a range of program offices. This is one of four contracts awarded. Each awardee will have the opportunity to compete for task orders during the ordering period. Work will be performed in San Diego, Calif., and work is expected to be completed March 4, 2017. Fiscal 2014 operations and maintenance, Navy; other procurement, Navy and research, development, test and evaluation funds in the amount of $50,000 will be obligated at the time of award, and will not expire at the end of the current fiscal year. This contract was competitively procured via full and open competition via publication on the Federal Business Opportunities website and the SPAWAR e-Commerce Central website, with seven proposals received and four selected for award. The Space and Naval Warfare Systems Center Pacific, San Diego, Calif., is the contracting activity (N66001-14-D-0106). (Awarded March 5, 2014)

At $8.14, KTOS has a Price Sales Ratio (PSR) of 0.47.

Kratos will be reporting 4Q'13 results after the market closes on Tuesday, March 11th.

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