February 12, 2009 6:00 PM
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U.S. Army Buys EOD Equipment from Kratos
(MoneyWatch) The U.S. Army's Tank Automotive Command awarded a contract worth about $1.5 million to Kratos Defense & Security Solutions for Explosive Ordnance Disposal (EOD) equipment. MSNBC writes about the award here. Kratos' subsidiary, DTI, will actually manage the contract for the Mark 40 standoff disruptors. This piece of equipment which shoots projectiles at the unexploded ordnance from a safe distance to detonate it are actually a product of Chemring EOD Limited. DTI is the U.S. agent for that company. The fighting in Iraq and Afghanistan requires significant efforts to dispose of both old ordnance and mines and Improvised Explosive Devices (IED). There has been a lot of time and effort put into developing new equipment for these missions by the U.S. military, and is a market that has grown significantly over the last five years.
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