Kratos Defense & Security Solutions, Inc. (KTOS) Completes Preliminary Design Review For SDA’s AFCGI System

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) is among the 11 Best Military Drone Stocks to Buy According to Hedge Funds. On September 29, the company announced the completion of the Preliminary Design Review (PDR) for the SDA’s Advanced Fire Control Ground Integration (AFCGI) system.

Kratos Defense & Security Solutions, Inc. (KTOS) Completes Preliminary Design Review For SDA's AFCGI System

The PDR’s completion with zero liens will allow the program’s advancement on an accelerated timeline, in line with projected launch milestones. Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) was awarded a $116.7 million prime contract for the AFCGI program last year.

The program integrates resilient ground systems, advanced software, and secure networks into a unified architecture for real-time fire control. This will help provide the warfighters with immediate, mission-relevant benefits. The company completed the PDR in April this year, only five months after the contract was awarded.

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) will operate a secure cloud environment, manage ground segment resources, and run a government-owned, contractor-operated demonstration center for partner system and mission software integrations.

The firm will also offer engineering, integration, program management, testing, and operations for the complete ground structure. Moreover, it will leverage its OpenSpace platform to ensure software-defined scalability in aid of complex requirements of the program.

While we acknowledge the risk and potential of KTOS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than KTOS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best Money Making Stocks to Invest In and Renaissance Technologies Portfolio: 10 Biggest Stocks 

Disclosure: None.