Press release
Kratos C5ISR Business Receives Initial $2.7 Million Production Order on New Combat System Program of Record
SAN DIEGO, Jan. 08, 2020 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider,
About this update from Kratos Defense & Security Solutions, Inc.
[{"type":"text","content":"SAN DIEGO, Jan. 08, 2020 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that its Command, Control, Communications, Computing, Combat & Intelligence, Surveillance and Reconnaissance (C5ISR) Modular Systems Division has recently received an approximate $2.7 million initial production order on a new to Kratos Combat System Program of record. Kratos C5ISR Modular Systems Division is a leading provider of products, hardware, systems and subsystems in support of unmanned aerial vehicle, high powered directed energy, missile, missile defense, radar, surface combatant and other combat and weapon systems and programs. Work under this recent contract award will be performed in secure Kratos production facilities. Due to customer related, competitive and other considerations, no additional information will be provided related to this recent contract award.\n Tom Mills, President of Kratos C5ISR Modular Systems Division, said, “A key element of our strategy is to achieve designed in positions or contract awards on large, long term, multi-year C5ISR programs of record, and we are proud to have been selected to support this national security priority platform.” 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 ...