Kratos Receives $4.3 Million Unmanned Aerial Drone System Contract Award
December 18 2014 - 7:00AM
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a
leading National Security Solutions provider, announced today that
its Unmanned Systems Division (KUSD) recently received a $4.3
million unmanned aerial target drone system contract award from a
U.S. Government customer. Under the new contract award, Kratos will
provide logistical support, spares for high performance unmanned
aerial target drone systems, contracted aerial platform repair work
and other services. KUSD is a premier provider of high
performance unmanned aerial drone and target systems, flight
control systems, avionics, electronics, and unmanned aerial, ground
and sea borne platform command, control and communication systems.
Jerry Beaman, President of KUSD, said, "We are proud to have
received this recent award to support this important customer with
its unmanned aerial target drone requirements."
About Kratos Defense & Security
Solutions
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS)
is a specialized National Security technology Company providing
mission critical products, solutions and services for United States
National Security. Kratos' core capabilities are
sophisticated engineering, manufacturing and system integration
offerings for National Security platforms and
programs. Kratos' areas of expertise include Command,
Control, Communications, Computing, Combat Systems, Intelligence,
Surveillance and Reconnaissance (C5ISR), satellite communication
systems, electronic warfare, unmanned systems, missile defense,
cyber warfare, cybersecurity, information assurance, and critical
infrastructure security. Kratos has primarily an
engineering and technically oriented work force of approximately
3,600. Substantially all of Kratos' work is performed on
a military base, in a secure facility or at a critical
infrastructure location. Kratos' primary end customers
are National Security related agencies. News and information are
available at www.KratosDefense.com.
Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements are made on the basis of the current beliefs,
expectations and assumptions of the management
of Kratos and are subject to significant risks and
uncertainty, including risks related to product failure, general
economic conditions and cutbacks in spending. Investors are
cautioned not to place undue reliance on any such forward-looking
statements. All such forward-looking statements speak only as of
the date they are made, and Kratos undertakes no
obligation to update or revise these statements, whether as a
result of new information, future events or otherwise. For a
further discussion of risks and uncertainties that could cause
actual results to differ from those expressed in these
forward-looking statements, as well as risks relating to the
business of Kratos in general, see the risk disclosures
in the Annual Report on Form 10-K of Kratos for the year
ended December 29, 2013, and in subsequent reports on Forms
10-Q and 8-K and other filings made with
the SEC by Kratos.
CONTACT: Press Contact:
Yolanda White
858-812-7302 Direct
Investor Information:
877-934-4687
investor@kratosdefense.com
Kratos Defense and Secur... (NASDAQ:KTOS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Kratos Defense and Secur... (NASDAQ:KTOS)
Historical Stock Chart
From Apr 2023 to Apr 2024