Kratos Defense and Security Solutions Inc (KTOS)

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***Moody's Says Defense Challengers Emerging -- Market Talk

11:51 am ET November 15, 2017 (Dow Jones) Print
11:51 ET - A handful of firms have successfully disrupted US defense acquisition, with SpaceX the poster child. Now, Moody's argues continuing reforms could open up to $40B in opportunities for smaller firms to lead big programs over the next five years. The rating agency expects the focus to be on programs worth less than $3B, and cites wins for SAIC, Kratos and Orbital ATK as examples where the lead contractor was previously one of the traditional primes such as Lockheed Martin and Boeing. ([e-mail]; @dougcameron)

(END) Dow Jones Newswires

November 15, 2017 11:51 ET (16:51 GMT)

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