Kratos Receives $12.6 Million Single Award Prime Contract from Defense Innovation Unit Experimental for Sensor Integration in...
October 17 2016 - 7:00AM
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a
leading National Security Solutions provider, announced today that
it has been awarded a $12.6 million contract with Defense
Innovation Unit Experimental (DIUx), in coordination with STRATCOM
and the Strategic Capabilities Office, to explore the use of high
speed drones in either fully autonomous or semi-autonomous roles to
support fourth and fifth generation fighter aircraft. To
enable this concept development, the U.S. Department of Defense
(DoD) needs to rapidly integrate and test both DoD and commercial
capabilities onto a high-speed drone test bed. Under this
effort, the DIUx has contracted with Kratos for the integration of
certain sensors into the UTAP-22, flight services, and for Kratos
UTAP-22 to demonstrate in a large, complex exercise. As part
of this effort, Kratos has partnered with a non-traditional defense
contractor and will examine new, innovative Unmanned Aerial Systems
(UAS) operator interface concepts for controlling multiple high
performance unmanned aerial vehicles.
The Kratos UTAP-22, is a high-performance
unmanned jet aircraft designed specifically for tactical missions,
collaborative missions with manned aircraft and tactical payload
operations/delivery with key features focused on survivability in
challenging and hostile environments. The UTAP-22, an
internally funded Kratos development initiative, has previously
demonstrated the ability to conduct collaborative airborne
operations with a manned fighter aircraft, an AV-8B Harrier;
command and control through the tactical data link; execution of
semi-autonomous tasks; execution of autonomous flight in formation
with the AV-8B and with multiple UTAP-22s; transfer of UTAP-22
control between non-line-of-site (over the horizon) operators in
the tactical network; and transfer of control (handoff) from the
tactical network to an independent dedicated control
link.
Jerry Beaman, President of Kratos Unmanned
Systems Division, said, “The integration of sensors into the
UTAP-22 increases the operational utility of the vehicle system and
is another forward step in the Unmanned System Division’s Strategic
Plan to increase the capability and demonstrate the utility of the
UTAP-22 in a large, complex exercise. Manned/Unmanned teaming
of tactical aircraft with a UAV capable of tactical speeds and
maneuverability will provide the warfighter with an inexpensive
force multiplier and unmanned wingman; an unprecedented
capability.”
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 2,800. 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
StatementsCertain 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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