Kratos Awarded $3 Million+ Contract for Aviation Trainer Enhancements by Australia Department of Defence
20 December 2019 - 12:00AM
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a
leading National Security Solutions provider, announced today that
it was awarded a AUD $4,840,720.04 (approximately USD $3,300,000)
contract by the Australia Department of Defence to deliver
hardware, software and technical data package upgrades to their
Kratos Maintenance Blended Reconfigurable Aviation Trainers
(MBRATs) and CH-47F Chinook Avionics Trainer (CAT).
The CH-47F CAT is a High Fidelity Hands On
Training System (HOTS) that provides full-task training through
simulation of all avionics sub-systems and aircraft survivability
equipment in an integrated configuration within a fully immersive
physical environment. The CH-47F MBRAT blends a virtual immersive
environment and spatial physical awareness with established CH-47F
Chinook simulation software.
The enhanced MBRAT training capabilities enable
the end user to increase student training throughput by enabling
new training tasks to be performed on the upgraded MBRAT trainers
and the CH-47F CAT simultaneously.
The CAT and MBRATs have enabled the Australian
Department of Defence to establish a local CH-47F Chinook
maintenance training center of excellence for the Australian
military. Previously, maintenance training had been conducted in
the United States, but with Kratos MBRATs and CAT the Australian
Defence Force (ADF) is now self-sufficient in this regard.
“As the global demand for training continues to
increase, Kratos is expanding its training footprint to support the
demanding and complex training requirements of the U.S. and its
allies worldwide by applying advanced technologies like those
incorporated in the MBRAT and CAT,” said Jose Diaz, Senior Vice
President of Kratos Training Solutions.
Kratos develops advanced, affordable training
solutions for U.S. and allied forces that enhance learning
retention and increase warfighter readiness. Kratos is driving
innovation in military simulation and training programs by
integrating the latest immersive technologies with its blended
learning content and open architecture simulation systems for air,
ground, maritime and soon space domains.
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, combat
systems and next generation turbo jet and turbo fan engine
development. 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
30, 2018, 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 DirectInvestor
Information:877-934-4687investor@kratosdefense.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/fadeea7b-38ef-4093-aeb7-08584ac48b50
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