seekingalpha.com Deals and strategy
Kratos, GE Aerospace win Air Force contract for JASSM engine development
[AGM-158 JASSM on fly] alxpin/iStock via Getty Images Kratos Defense & Security Solutions (KTOS [https://seekingalpha.com/symbol/KTOS]) and GE Aerospace (GE [https://seekingalpha.com/symbol/GE]) received a U.S. Air Force contract to develop an alternative engine for the Joint Air-to-Surface Standoff Missile, the companies said Monday. The engineering, manufacturing and development contract covers the GEK800 turbofan, which the U.S. military has designated the …