Composite Engineering has secured a contract to equip the US Army with advanced subscale aerial drone systems.
The company is a subsidiary of Kratos Defense & Security Solutions.
Delivery of an unmanned target aircraft with launchers, associated ground equipment and spares is covered by the contract.
Kratos president and CEO Eric DeMarco said: “The receipt of this $93m contract award for Kratos unmanned aerial drone systems is another important milestone in the successful execution of our strategy in building the leading high-performance UAS Company in the world.
“Over the past several years we have made significant investments to position Kratos as a leading technology and system provider in national security, and we expect additional important production programme awards in the future as a result of these investments.”
Work under the latest contract will be performed at secure Kratos manufacturing facilities, as well as customer locations.
Kratos Unmanned Systems Division (KUSD) president Steve Fendley said: “We are proud to have been selected by this critically important national security customer for this single award production contract.
“The receipt of this contract is an outstanding ending to 2017 for our entire team, which has worked tirelessly to position KUSD as the preeminent provider of the highest performance unmanned aerial drone systems in the world.”
Kratos provides high-performance jet-powered unmanned aerial drone systems for tactical and target drone missions.