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Why Kratos Stock Wins a Reprieve

TheMotleyFool

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Why Kratos Stock Wins a Reprieve: https://g.foolcdn.com/editorial/images/854354/us-attack-helicopters-flying-formation-at-dawn.jpg

After four straight days of declines, Kratos Defense Security (NASDAQ: KTOS) stock finally bounced a bit on Tuesday.

Shares of the military drones specialist gained 2.1% through 10:05 a.m. ET Tuesday after announcing it has won several contracts "to design, develop and deliver simulators and other solutions for warfighter training supporting operations and maintenance of key aircraft and other platforms," worth $65 million in total.

Image source: Getty Images.

Source Fool.com

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