Kratos Awarded $19 Million Sole-Source Contract for Commercial Satcom Bandwidth Monitoring and Utilization Assessment
04 May 2020 - 10:00PM
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a
leading National Security Solutions provider, announced today that
it had been awarded a sole-source contract for satellite bandwidth
utilization services. The base year of the contract is valued
at $3,061,221; if all four option years are exercised, the total
value will be $19 million.
Kratos will provide continuous monitoring
services of commercial satellites leased by the U.S. Space Force
(USSF). Specifically, Kratos will provide 24x7 near-real-time
performance monitoring data and bandwidth utilization assessment
Radio Frequency (RF) monitoring services. RF data is the spectrum
used by space systems to communicate with their ground systems.
Kratos monitors the strength and characteristics of the signal, not
the content. Bandwidth monitoring and utilization assessment
and reporting services are required across all commercial
satellites that are leased globally by the USSF.
Frank Backes, Senior Vice President of Kratos
Federal Space Group, said, “The data collected from Kratos’ global
sensor network will enable the U.S. Space Force to understand their
usage of commercial satellite communications and inform future
acquisition strategies.”
Kratos’ extensive network consists of global RF
monitoring sites, hosting fixed and steerable sensors and antennas
in L, S, C, X, and Ku bands. Kratos’ 24/7/365 Network Operations
Center (NOC) is the central hub for monitoring and integrating raw
RF data from its global sensor network. Advanced technologies
developed by and exclusive to Kratos have been integrated into all
levels of this cutting-edge infrastructure, from custom algorithms
employed in the sensor network, to industry-leading commercial
applications used in the NOC for data monitoring, correlation and
geolocation, to specially-developed analytics that provide the real
meaning behind the raw data. The RF bandwidth monitoring services
are part of a portfolio of RF services offered to government and
commercial customers including end-to-end satellite RF monitoring,
interference detection, geolocation and mitigation.
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
Statements Certain 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 29, 2019, and in subsequent reports on Forms
10-Q and 8-K and other filings made with the SEC by Kratos.
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Press
Contact:Yolanda White858-812-7302 Direct |
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Investor
Information:877-934-4687investor@kratosdefense.com |
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