The Contract-class was the smallest fighter carrier built by the K'Nes Tor Navy, intended primarily for guarding cargo convoys through hosilte teritory. It carries 84 fighters (7 squardons of 12), although it only has 80 fighter launch tubes, asuming that at any given time there will be a few fighters down for repairs, refueling, rearming, etc.
Designed to operate as a lone warship without support if necessarily, it is more heavily armed that a typical K'Nes fighter carrier. It carries a larger number of short- and mid-range weapons in turrent mounts, rather than focusing on large capital weapons in fixed mounts.
The Loophole is powered by a standad ion drive. As the Contract class was designed to escort cargo convoys along commercial and military hyperspace lanes using existing jumpgates, it was not equipped with a gravity drive.
After the Federation defeat of the K'Nes Tor in the Second Vulthra War, all other ships of this class were destroyed, scuttled, or confiscated and dismantled by the Earth Federation. The Loophole is the lone survivor not only of its class, but of the entire K'Nes Tor Navy.