<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2020-03-02</periodOfReport>

    <issuer>
        <issuerCik>0000317340</issuerCik>
        <issuerName>MIKROS SYSTEMS CORP</issuerName>
        <issuerTradingSymbol>MKRS.OB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001715791</rptOwnerCik>
            <rptOwnerName>Malone Mark J.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O MIKROS SYSTEMS CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>707 ALEXANDER ROAD, BUILDING 2, STE 208</rptOwnerStreet2>
            <rptOwnerCity>PRINCETON</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>08540</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2020-03-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>60000</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>60000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Represents shares of Mikros Systems Corporation's (the &quot;Company&quot;) Common Stock granted to the Reporting Person in two equal installments of 30,000 shares on May 1, 2017 and October 22, 2018. Pursuant to the terms of a Consulting Agreement by and between the Reporting Person and the Company dated March 2, 2020 (the &quot;Consulting Agreement&quot;), all restrictions and vesting provisions applicable to such shares shall lapse and accelerate in full on May 31, 2020 should the Reporting Person perform under the Consulting Agreement through such date.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Mark J. Malone</signatureName>
        <signatureDate>2020-03-02</signatureDate>
    </ownerSignature>
</ownershipDocument>
