BA Jan 2025 180.000 put

Technical Directions, Inc. and Boeing Sign Memorandum of Understanding for Kratos TDI Engines

SAN DIEGO, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. [Nasdaq: KTOS], a Technology Company in the Defense, National Security and Global Markets, today announced a Memorandum of Understanding between Technical Directions, Inc. (TDI), a business unit within Kratos Unmanned Systems Division, and Boeing [NYSE: BA] for the TDI-J85 turbine engine to provide propulsion for the Powered Joint Direct Attack Munition (JDAM). Boeing’s Powered JDAM combines a 500-pound ordnan