Kratos Receives $8.5 Million in Microwave Electronic Product Orders in Support of C5 Programs
July 17 2018 - 9:30AM
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a
leading National Security Solutions provider, announced today that
its Microwave Electronics Division (KMED) has recently received
approximately $8.5 million in microwave electronic orders in
support of certain Command, Control, Communication, Computing and
Combat (C5) System programs. KMED is an industry leader in
microwave electronic components and subsystems which support
multiple C5, ballistic missile defense, electronic warfare, radar
and other platforms, programs and systems for national security
related and other customers. Work under these recent contract
awards will be performed at secure Kratos manufacturing facilities.
Due to competitive, customer related and other considerations, no
additional information will be provided related to these contract
awards.
Yonah Adelman, President of KMED, said, “Our
entire organization is focused on the rapid and innovative
development and fielding of leading technology microwave
electronics and related products and solutions in support of our
customers’ mission critical system requirements.”
About Kratos Defense & Security
SolutionsKratos Defense & Security Solutions,
Inc. (NASDAQ:KTOS) develops and fields transformative,
affordable technology, platforms and systems for United States
National Security related customers, allies and commercial
enterprises. Kratos is changing the way breakthrough
technology for these industries are rapidly brought to market
through proven commercial and venture capital backed approaches,
including proactive research and streamlined development
processes. Kratos specializes in unmanned systems,
satellite communications, cyber security/warfare, microwave
electronics, missile defense, hypersonic systems, training and
combat systems. For more information go to
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
31, 2017, and in subsequent reports on Forms 10-Q and 8-K and other
filings made with the SEC by Kratos.
Press Contact:Yolanda
White858-812-7302 Direct
Investor
Information:877-934-4687investor@kratosdefense.com
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