Kratos Defense & Security (NASDAQ: KTOS) saw its stock increase by 6.5% by 10 a.m. ET on Wednesday following the announcement of two significant contract wins. The first contract, valued in the multi-million dollar range, involves providing Airbus Defence & Space (OTC: EADSY) with a ground system for the OmanSat-1 software-defined satellite. The second contract focuses on supporting the U.S. Department of Defense in testing and evaluating thermal protection systems for hypersonic vehicles.
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