Kratos (Nasdaq: $KTOS) High Performance Unmanned Aerial Drone Systems Successfully …

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  • Kratos (Nasdaq: $KTOS) High Performance Unmanned Aerial Drone Systems Successfully Complete Flight Test Series with Enhanced Capabilities

    SAN DIEGO – February 9, 2018 (Investorideas.com Newswire) Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced that it has successfully completed a series of flight tests related to its high performance unmanned aerial drone systems. Through the flight test missions, Kratos was able to test and demonstrate numerous upgrades and enhancements to the aerial drone system, and validate the system’s enhanced capability to support Kratos customers and their missions around the globe. Kratos Unmanned Systems business is an industry leader in the rapid design, demonstration and fielding of affordable, high performance jet powered unmanned aerial drone systems used for tactical and threat representation (target) missions. Due to competitive and other considerations, no additional information will be provided.

    Eric DeMarco, President & CEO of Kratos, said, “Kratos’ continued focus on developing increased and enhanced mission capability is extremely important to both our international and domestic customers. These recent successful tests enable us to apply Kratos unmanned aerial drone systems to a rapidly increasing number of mission types with an increasing number of customer sets. As we evolve our capabilities and increase the capability and level of threat representation, we are sharing many of these enhancements across our portfolio of high performance jet powered unmanned aerial drone systems to maintain our technological and low cost advantage in the industry, which is a clear competitive differentiator for Kratos. We are currently working toward a large production contract with a new international customer which we hope to receive in the next several months.”

    About Kratos Defense & Security Solutions

    Kratos 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 .

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    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 25, 2016, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.

    Press Contact:

    Yolanda White

    858-812-7302 Direct

    Investor Information:

    877-934-4687

    More Info:

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    Kratos (Nasdaq: $KTOS) High Performance Unmanned Aerial Drone Systems Successfully Complete Flight Test Series with Enhanced Capabilities

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    Kratos Selected to Participate in Air Force TETRAS Program Under $998 Million Multiple Award …

    SAN DIEGO, Calif., Jan. 31, 2018 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its subsidiary, Kratos RT Logic, is among 14 organizations awarded a shared ceiling, multiple award indefinite-delivery/indefinite-quantity (IDIQ) contract in the amount of $998,000,000 for the Test & Evaluation Technologies for Ranges, Armaments & Spectrum (TETRAS) program.

    The TETRAS program seeks to rapidly develop and apply specialized hardware, software and prototype systems that will be used for the test, training and evaluation of Command, Control, Communications, Computer, Intelligence, Surveillance and Reconnaissance (C4ISR), munitions systems, and electronic combat/countermeasures. The Air Force Test Center at Eglin Air Force Base, Florida, is the contracting authority for the program.

    Kratos is a leading-edge provider of products and service solutions for assured aerospace communications used in defense, civil and commercial applications. These include monitoring range signals and radio frequencies (RF) for the protection of data from satellites and UAVs, along with research, development, test and evaluation of weapon systems, subsystems and components. The TETRAS contract will also provide an acquisition vehicle for Kratos’ broader array of technology and communications solutions from signal processing and RF management, to advanced cybersecurity products, telemetry signal simulators, range receivers, and RF-over-IP technology, as well as, potentially, Kratos’ portfolio of targets and drones.

    According to Frank Backes, VP of Business Development, “At a time when our adversaries have stepped up their resolve to challenge the U.S. strategic space advantage, it is critical that we deploy a more resilient space architecture. The enhancement of range test and evaluation technologies is one of a number of DoD ground initiatives Kratos is actively engaged in, including Enterprise Ground Services (EGS) and the Wideband Communications Architecture Study (WCAS), among others.”

    About Kratos Defense & Security Solutions

    Kratos 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 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 25, 2016, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.

    Press Contact:

    Yolanda White

    858-812-7302 Direct

    Investor Information:

    877-934-4687

    investor@kratosdefense.com

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    Kratos Receives $20 Million Electronic Warfare System Production Contract Award

    SAN DIEGO, Jan. 04, 2018 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its Microwave Electronics Division (MED) has recently received an approximately $20 million contract award for initial production of microwave electronic products in support of a new, state-of-the-art airborne electronic warfare system. Kratos is an industry leader in microwave electronic sub-systems and components which support a broad range of national security and international programs. These include missile programs for surface-to-air, air-to-air and naval applications, radars, precision guided munitions, electronic warfare, network centric warfare and communications platforms and programs. Work under this contract award will be performed at secure Kratos manufacturing facilities. Due to customer related, competitive and other considerations, no additional information will be provided related to this contract award.

    Yonah Adelman, President of Microwave Electronics Division, said, “Our entire organization is proud to have been selected by this customer for these sophisticated microwave electronic products in support of this new airborne platform and program. Based on current expectations, we are hopeful that this initial production order will be just the beginning of one of the largest and longest running programs in our organization.”

    Eric DeMarco, President and CEO of Kratos, said, “All of Kratos is extremely proud of Yonah and his team receiving this initial production award on the new and exciting program. Kratos MED over the past few years has been successfully executing its strategy of becoming designed in as a sole source on a number of new national security related and other platforms and programs, and we are hopeful that there are several additional programs that we will begin production on in the future.”

    About Kratos Defense & Security Solutions

    Kratos 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 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 25, 2016, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.

    Press Contact:

    Yolanda White

    858-812-7302 Direct

    Investor Information:

    877-934-4687

    investor@kratosdefense.com

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    US Army Testing Soldier-Enhancing Exoskeleton To Improve Battlefield Energy

    Science fiction has a funny habit of becoming science fact after enough time has passed. The wide-eyed wonder of children sitting cross-legged in front of the TV eventually becomes inspiration for incredible feats of engineering, or the means of our own destruction. The latest example of this phenomenon is a new, powered up exoskeleton the U.S. Army is testing, per Scout.

    There are tons of examples of this sort of thing in science fiction. It usually involves military personnel enhancing their combat capabilities with some manner of armor or exoskeleton. Samus Aran’s armor in Metroid , Master Chief’s armor in Halo and the goofy power gear that kills Tom Cruise 50 times in Edge of Tomorrow are a few examples. Now, Lockheed Martin has a mechanical knee-based exoskeleton in testing phases with the army.

    The tech, named FORTIS, uses AI to fit different walking patterns and enable enhanced mobility and stress relief for heavy lifting on the battlefield. It uses a huge, three pound lithium ion battery to supposedly allow its wearer to carry 180 pounds up five flights of stairs, per Scout . The idea is to offload precious energy from the soldier onto the device, which would theoretically improve battlefield efficiency. Every little bit helps, so to speak.

    Lockheed Martin’s engineers claim it can save the soldier nine percent of energy on essential battlefield actions using its AI-based torque technology. That may not sound like a lot to the layman, but you would probably feel better at the end of the day if you suddenly were no longer responsible for nearly one-tenth of your energy output. As long as you are willing to look a little goofy in a mechanical contraption that was designed for function and not form, anyway.

    The system, which is supported by a “conformal upper structure” attached to a belt, is designed as an improvement over the older HULC mechanism, which weighed 85 pounds and restricted mobility. That seems a little counterintuitive and like it definitely needed improvement. It does not seem like there are imminent plans to make this standard battlefield apparel anytime soon, as it is merely in a testing phase at the moment.

    It is worth wondering how much such a project would cost the United States military if a finalized build were to go into mass production. There are a bunch of potential improvements and add-ons Lockheed Martin could make before putting this thing out in the world. If we are going full science fiction, they should consider rocket boosters, a flight module, a laser cannon, stealth camouflage and a way for soldiers to use the bathroom on the go. Those would all probably drive up the cost and production time exponentially, but those are all hallmarks of any good space marine unit.

    Of course, it is possible none of this ever comes to fruition and warfare continues to evolve in the direction of cyber attacks and unmanned drone warfare. We will all have to wait and see on this one.

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