St. John’s-based Kraken Robotics announced last week that it had secured a contract with a foreign navy to supply it with mine-hunting sonar systems at a value of about $35 million to $40 million.
The maker of unmanned submarine and sonar equipment released a flurry of news in the past month, capped off by the statement last Tuesday about the sonar contract with an unnamed foreign navy.
“Under the program, Kraken will deliver the Katfish towed synthetic aperture sonar as well as autonomous launch and recovery systems to the customer,” said the statement. “The total contract value is