Kratos Receives $13.2 Million in C5ISR System Product Awards
27 September 2021 - 10:00PM
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a
leading National Security Solutions provider, announced today that
its Command, Control, Communication, Computing, Combat System,
Intelligence, Surveillance and Reconnaissance (C5ISR) Business
recently received approximately $13.2 million in program awards,
including for a large U.S. National Security Program. Kratos
C5ISR business provides specialized manufacturing, products and
solutions for critical National Security priorities and programs,
including Nuclear Deterrence, Missile Defense, Radar, High Power
Directed Energy, Unmanned Aerial Drone System, Space and Satellite
Communication and CBRNE. Work under these recent contract
awards will be performed at secure Kratos manufacturing and
customer facilities. Due to customer, competitive, security
related and other considerations, no additional information will be
provided related to these recent contract awards.
Tom Mills, President of Kratos C5ISR Division,
said, “Our entire organization is focused on providing the highest
quality products, systems and solutions in support of United States
National Security, the Warfighter and their Mission, delivering on
schedule and on budget. We are honored to have been chosen to
support these priority National Security programs.”
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. At Kratos, affordability is
a technology and we specialize 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
27, 2020, 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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