Kratos develops unmanned aerial systems, hypersonic vehicles, and rocket systems for military applications. The company produces jet-powered unmanned aerial target drones and tactical unmanned aerial vehicles. In August 2024, Kratos reported a 12.6% increase in its total backlog to USD 1.30 billion, indicating strong future revenue prospects. The company's Unmanned Systems division, with nearly 500 professionals, provides engineering and manufacturing services for unmanned aerial systems from facilities in Oklahoma City and Sacramento.
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