Kratos Receives $17.0 Million in Cyber Security and C5ISR Contract Awards
September 26 2016 - 7:00AM
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a
leading National Security Solutions provider, announced today that
it has recently received $17.0 million in cyber security and
command, control, communications, computers, combat systems,
intelligence, surveillance and reconnaissance (C5ISR) program
related contract awards. Kratos is a leading provider of
specialized cyber security related products, solutions and services
to National Security related and other customers through Kratos’
Technology and Training Solutions (TTS) business unit. The
work under these recent contract awards will be performed at secure
Kratos facilities or onsite at customer locations. Due
to the nature of the work being performed and other considerations,
no additional information is being provided.
Phil Carrai, President of Kratos Technology and
Training Solutions, said, “Our entire organization is proud to have
been selected to provide these mission critical products, solutions
and services.”
About Kratos Defense & Security
Solutions Kratos 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 2,800.
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. Although Kratos believes
that the expectations reflected in these forward-looking statements
are reasonable, these statements involve many risks and
uncertainties that may cause actual results to differ materially
from what may be expressed or implied in these forward-looking
statements. 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
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