Kratos Receives $7.7 Million in C5ISR System Program Awards
March 11 2019 - 9:00AM
Kratos Defense & Security Solutions, Inc.(NASDAQ:KTOS), a
leading National Security Solutions provider, announced today that
it has recently received approximately $7.7 million in Command,
Control, Communication, Computing, Combat and Intelligence
Surveillance and Reconnaissance (C5ISR) system program
awards. Kratos is the leading provider of systems, products
and solutions that support the U.S. Department of Defense, its
allies and other customers’ C5ISR programs and platforms.
Work under these contract awards will be performed in secure Kratos
manufacturing facilities. Due to competitive, customer
related and other considerations, no additional information will be
provided related to these recent contract awards.
Eric DeMarco, President & CEO of Kratos,
said, “Kratos’ demonstrated ability to rapidly develop, demonstrate
and field technology leading products and systems at an affordable
cost is a competitive differential for our Company, and we are
proud to support our customers in their National Security
Mission.”
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
Company’s Annual Report on Form 10-K for the period ended December
30, 2018, and in our other filings made with the Securities and
Exchange Commission.
Press Contact:Yolanda
White858-812-7302 Direct Investor
Information:877-934-4687investor@kratosdefense.com
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