AeroVironment, Inc. (NASDAQ: AVAV), the leader in unmanned
aircraft systems (UAS) and tactical missile systems (TMS), and
Kratos Defense & Security Systems, Inc. (NASDAQ: KTOS) Unmanned
Systems Division, the leader in high-speed, tactical drone targets
and unmanned aircraft, today announced a new strategic relationship
to develop and demonstrate highly integrated and operationally
effective multi-domain unmanned system solutions for near-peer,
denied environments.
“AeroVironment’s small unmanned aircraft systems
and tactical missile systems have transformed the way ground forces
train, equip, plan and operate to deliver battlefield superiority,”
said Trace Stevenson, vice president and deputy
general manager of AeroVironment’s UAS business. “Working with
Kratos, an innovative host aircraft partner, together we are
developing and will demonstrate the integration of tube-launched
UAS and tactical missile systems into long-range, high speed and
low cost unmanned systems for their transport and delivery into
near-peer, denied environments.”
“With sufficient onboard autonomy, sensors,
payloads and an integrated system design, we aim to demonstrate the
deployment of large quantities of smart systems that overwhelm and
disable enemy systems, while bending the cost curve to make it
financially prohibitive for unfriendly nations to challenge our
armed forces,” Stevenson added.
Photos accompanying this announcement are available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/15ed3761-b8d4-4257-a50e-24b9a3e33cfa
http://www.globenewswire.com/NewsRoom/AttachmentNg/6df6df32-5ac4-43d2-8d20-271165ef0059
“Kratos and AeroVironment offer complementary
capabilities while sharing an intense focus on disruptive and
affordable unmanned aircraft solutions for the DoD,” said
Steve Fendley, president of Kratos Unmanned
Systems Division. “Deploying AeroVironment’s tube-launched UAS and
tactical missiles from Kratos’ highly survivable, long-range jet
UAS creates an exciting opportunity to substantially increase the
effectiveness and stand-off range of our existing technologies.
Using internal funding, Kratos rapidly developed and demonstrated
the Mako Tactical UAS in 2015, proving the speed advantage of the
internal funding approach. By teaming together and investing in
this capability in support of the American warfighter, Kratos and
AeroVironment seek to further enhance our nation’s defenses with an
affordable, comprehensive mission solution that will be ready in
months, not years.”
Kratos and AeroVironment’s first collaborative
project is designed to demonstrate the ability to launch,
communicate with, and control a small, tube-launched loitering
aircraft from a larger runway-independent unmanned aircraft. The
overall system-of-system effectiveness will be evaluated for its
ability to coordinate the effects of the smaller AeroVironment
systems, relay useful information back to the Kratos mothership,
and either pass information back to a ground control station or act
upon that information to modify mission taskings.
Please visit the AeroVironment booth at Sea Air
Space, National Harbor, Maryland.
Sea Air Space Booth Number
AeroVironment #2709
About AeroVironment,
Inc. AeroVironment (NASDAQ: AVAV) provides customers
with more actionable intelligence so they can proceed with
certainty. Based in California, AeroVironment is a global
leader in unmanned aircraft systems and tactical missile systems,
and serves defense, government and commercial customers. For more
information visit www.avinc.com.
About Kratos Defense & Security
Systems, Inc. Kratos 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, combat systems, and next generation
turbo jet and turbo fan engine development. For more information go
to www.KratosDefense.com. More information on Kratos Unmanned
Systems Division can be found at www.KratosUSD.com.
Safe Harbor StatementCertain
statements in this press release may constitute "forward-looking
statements" as that term is defined in the Private Securities
Litigation Reform Act of 1995. These statements are made on the
basis of current expectations, forecasts and assumptions that
involve risks and uncertainties, including, but not limited to,
economic, competitive, governmental and technological factors
outside of our control, that may cause our business, strategy or
actual results to differ materially from those expressed or
implied. Factors that could cause actual results to differ
materially from the forward-looking statements include, but are not
limited to, our ability to perform under existing contracts and
obtain additional contracts; changes in the regulatory environment;
the activities of competitors; failure of the markets in which we
operate to grow; failure to expand into new markets; failure to
develop new products or integrate new technology with current
products; and general economic and business conditions in the
United States and elsewhere in the world. For a further list and
description of such risks and uncertainties, see the reports we
file with the Securities and Exchange Commission. We do not intend,
and undertake no obligation, to update any forward-looking
statements, whether as a result of new information, future events
or otherwise.
For additional media and information, please
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http://www.twitter.com/aerovironmentLinkedIn:
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Contact:AeroVironment,
Inc.Steven Gitlin+1 (626) 357-9983pr@avinc.com
Mark BoyerFor AeroVironment, Inc.+1 (310)
229-5956mark@boyersyndicate.com
Kratos Defense & Security Systems,
Inc.Yolanda White+1 (858) 812-7302
investor@kratosdefense.com
Claire BurghoffFor Kratos Defense & Security
Systems, Inc.+1 (314) 210-1287mcburghoff@cgagroup.com
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