Kratos Receives $10 Million in Airborne Communications System Program Product Orders
June 13 2016 - 7:00AM
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a
leading National Security Solutions provider, announced today that
it has recently received approximately $10 million in orders for
specialized products in support of a certain airborne communication
system program. Kratos is a leading provider of Command,
Control, Communications, Computers, Combat Systems, Intelligence,
Surveillance and Reconnaissance (C5ISR) products and solutions in
support of United States National Security, its allies and other
customers’ requirements. The products to be delivered under
these recent contract awards will be manufactured in a secure
Kratos manufacturing facility. Due to customer related and
other considerations, no additional information will be provided
related to these contract awards.
About Kratos Defense & Security
SolutionsKratos Defense & Security Solutions, Inc.
(Nasdaq:KTOS) is a mid-tier government contractor at the forefront
of the Department of Defense’s Third Offset Strategy. Kratos
is a leading technology, intellectual property and proprietary
product and solution company focused on the United States and its
allies’ national security. Kratos is the industry leader in
high performance unmanned aerial drone target systems used to test
weapon systems and to train the warfighter, and is a provider of
high performance unmanned combat aerial systems for force
multiplication and amplification. Kratos is also an industry
leader in satellite communications, microwave electronics, cyber
security/warfare, missile defense and combat systems. Kratos
has primarily an engineering and technically oriented work force of
approximately 2,700. 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. 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 27, 2015, and in subsequent reports on
Forms 10-Q and 8-K and other filings made with the SEC by
Kratos.
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