Kratos Receives $15 Million for Royal Saudi Naval Forces Training
Kratos Defense and Security Solutions was awarded a follow on Task Order (TO) by the U.S. Naval Air Warfare Center Training Systems Division (NAWCTSD). Valued at approximately $15.1 million, it was issued against a U.S. Foreign Military Sales (FMS) sole-source, three-year, single award Indefinite Delivery Indefinite Quantity (IDIQ) contract to provide training-related products and services in a variety of disciplines to the Royal Saudi Naval Forces (RSNF).
When combined with the value of previous awards, the contract funding to date is $95 million and has a potential value to Kratos of approximately $99.3 million, depending on the number of task orders issued and anticipated contract modifications under the FMS agreement.
Jose Diaz, Sr. Vice President of Kratos’ Training Division, said, “This award expands our ability to continue to support the RSNF’s commitment to the transformational goals of the Ministry of Defense as it modernizes its growing naval fleet. It is another example of the rapid international expansion of our training services in areas including the Middle-East, Australia and Europe.”