Kratos Receives Gold Supplier Award from BAE Systems
16 April 2018 - 10:00PM
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a
leading National Security Solutions provider, announced today that
its Microwave Electronics Division (KMED) was recently acknowledged
for its outstanding performance as a supplier to BAE Systems.
“BAE Systems is one of the leading international
defense contractors, and an important partner for Kratos,” said
Yonah Adelman, President of KMED and General Manager of Kratos’
General Microwave Israel. “Being recognized by BAE Systems as a top
supplier is both an honor and a testament to the high caliber of
Kratos’ staff, who are among the best in the world at what they
do.”
On March 6, 2018, BAE Electronic Systems
division hosted its first Partner 2 Win Supplier Symposium to
recognize suppliers who have provided outstanding service and
partnership in exceeding customer requirements. During the
symposium, KMED (via its General Microwave Israel (1987) Ltd.
facility) was one of 37 suppliers to receive a Gold
Supplier Award for achieving 100 percent quality
performance and 100 percent on-time delivery.
KMED supports missile, radar, electronic
warfare, intelligence, surveillance and reconnaissance,
communication and other systems. Kratos owns important intellectual
property that supports these technologies.
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
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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