Kratos High Performance Unmanned Aerial Drone Systems Successfully Complete Flight Test Series with Enhanced Capabilities
08 February 2018 - 11:00PM
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a
leading National Security Solutions provider, announced today that
it has successfully completed a series of flight tests related to
its high performance unmanned aerial drone systems. Through the
flight test missions, Kratos was able to test and demonstrate
numerous upgrades and enhancements to the aerial drone system, and
validate the system’s enhanced capability to support Kratos
customers and their missions around the globe. Kratos Unmanned
Systems business is an industry leader in the rapid design,
demonstration and fielding of affordable, high performance jet
powered unmanned aerial drone systems used for tactical and threat
representation (target) missions. Due to competitive and other
considerations, no additional information will be provided.
Eric DeMarco, President & CEO of Kratos,
said, “Kratos’ continued focus on developing increased and enhanced
mission capability is extremely important to both our international
and domestic customers. These recent successful tests enable us to
apply Kratos unmanned aerial drone systems to a rapidly increasing
number of mission types with an increasing number of customer sets.
As we evolve our capabilities and increase the capability and level
of threat representation, we are sharing many of these enhancements
across our portfolio of high performance jet powered unmanned
aerial drone systems to maintain our technological and low cost
advantage in the industry, which is a clear competitive
differentiator for Kratos. We are currently working toward a large
production contract with a new international customer which we hope
to receive in the next several months.”
About Kratos Defense & Security
SolutionsKratos Defense & Security Solutions,
Inc. (NASDAQ:KTOS) develops transformative, affordable
technology for the Department of Defense and commercial
customers. Kratos is changing the way breakthrough
technology for these industries are brought to market through
proactive research and a streamlined development
process. Kratos specializes in unmanned systems,
satellite communications, cyber security/warfare, microwave
electronics, missile defense, 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
25, 2016, 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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