Kratos Receives $50 Million in Awards for Counter UAS and Air Defense Systems
16 Janeiro 2024 - 10:00AM
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a
Technology Company in Defense, National Security and Global
Markets, announced today that it has recently received
approximately $50 million in awards for Products and Hardware,
including for and in support of Counter Unmanned Aerial System
(CUAS), Air Defense and Radar Systems. The $50 million total
includes contracts and programs that were awarded to Kratos on a
single award or sole source basis. Kratos is an industry leader in
systems, hardware and microwave electronics, including for and in
support of CUAS, unmanned aerial drone, missile, radar and air
defense related systems. At Kratos, affordability is a technology,
with Kratos offerings envisioned and designed up front, for rapid,
low-cost manufacturing and production, at scale and in large
quantities. Work under these recently received awards will be
performed at secure Kratos manufacturing facilities and customer
locations. Due to security related, competitive and other
considerations, no additional information will be provided.
Eric DeMarco, President and CEO of Kratos, said,
“Kratos’ technology, products, software and systems are supporting
the U.S. warfighter and our allies defense and security related
needs and requirements, including in current contested and high
intensity conflict areas globally. Kratos’ ability to rapidly
develop, produce and provide relevant, affordable solutions at
scale and in quantity, we believe, is a competitive differentiator
for our Company, customers, teammates and partners, and an
important element of today’s global security and defense
environment.”
About Kratos Defense & Security
SolutionsKratos Defense & Security Solutions, Inc.
(NASDAQ: KTOS) is a technology, products, system and software
company addressing the defense, national security, and commercial
markets. Kratos makes true internally funded research, development,
capital and other investments, to rapidly design, develop, produce
and field solutions that address our customers’ mission critical
needs and requirements. At Kratos, affordability is a technology,
and we utilize proven, leading-edge approaches and technology, not
unproven bleeding edge approaches or technology, with Kratos’
approach reducing cost, schedule and risk, and enabling us to be
first to market with cost effective solutions. Kratos is known as
the innovative disruptive change agent in the industry, a company
that is an expert in designing products and systems up front, for
successful rapid, large quantity, low-cost future manufacturing and
as a competitive differentiator for our large traditional prime
system integrator partners and also to our government and
commercial customers. Kratos’ primary business areas include,
virtualized ground systems for satellites and space vehicles,
including software for command & control (C2) and telemetry,
tracking and control (TT&C), jet powered unmanned aerial drone
systems, hypersonic vehicles and rocket systems, propulsion systems
for drones, missiles, loitering munitions, supersonic systems,
space craft and launch systems, C5ISR and microwave electronic
products for missile, radar, missile defense, space, satellite,
counter UAS, directed energy, communication and other systems, and
virtual & augmented reality training systems for the
warfighter. For more information, visit 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
25, 2022, and in subsequent reports on Forms 10-Q and 8-K and other
filings made with the SEC by Kratos.
Kratos Press Contact:Yolanda
White858-812-7302 Direct
Kratos Investor
Information:877-934-4687investor@kratosdefense.com
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