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SAN DIEGO, May 08, 2017 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, and HawkEye 360, announced today a memorandum of understanding (MOU) to explore the potential of expanding Kratos’ industry-leading carrier monitoring, interference detection and geolocation offerings with HawkEye 360’s planned space-based RF detection and geolocation services.   Under the MOU the companies will explore opportunities to augment Kratos’ terrestrial-based sensor network capabilities with HawkEye 360’s planned space-based RF detection and geolocation services.  The combination of space and terrestrial sensors will benefit a wide array of customers by increasing the speed and accuracy of data analysis for industries as varied as broadcasting, transportation, military, public sector, manufacturing, and emergency response. “The ability to infuse our terrestrial-based sensor data with HawkEye 360’s space-based RF monitoring data will broaden our data sources, and enhance the precision and performance of the analytics and insight services we provide to customers,” said Greg Caicedo, Kratos Vice President. Included in Kratos’ portfolio of enterprise-grade ground segment products and solutions is its unique global RF network that helps commercial and government satellite operators assure satellite and payload performance with carrier monitoring, interference detection, geolocation and data analytic services. Kratos is expanding its infrastructure with seven new worldwide monitoring sites—including HTS spot beam and VSAT monitoring— hosting more than 60 antennas and providing visibility to over 50 satellites, 100 beams and 200 transponders. HawkEye 360 plans to build a system in low Earth orbit using constellations of satellites, the first launch of which is scheduled for early 2018, with the complete RF survey/geolocation constellation scheduled to be on orbit by 2020. HawkEye 360’s system will monitor RF spectrum usage to help identify areas of interference, better understand spectrum deployment, and avoid negative impact to operations. The system could also help to detect and locate activated emergency beacons to improve response times in life-threatening situations. “By harnessing the power of geospatial data analysis and turning it into actionable information, HawkEye 360 and Kratos can give customers the tools needed to make critical decisions,” said John Serafini, Chief Executive Officer of HawkEye 360. “The collaboration we’ve formed with Kratos is an example of the power and value that lies in teaming up with other companies in the “New Space” industry to provide enhanced services that benefit customers and providers. It is the growth of the future in this industry.” About Kratos Defense & Security Solutions Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a mid-tier government contractor at the forefront of the Department of Defense’s Third Offset Strategy.  Kratos is a leading technology, intellectual property and proprietary product and solution company focused on the United States and its allies’ national security.  Kratos is the industry leader in high performance unmanned aerial drone target systems used to test weapon systems and to train the warfighter, and is a provider of high performance unmanned combat aerial systems for force multiplication and amplification.  Kratos is also an industry leader in satellite communications, microwave electronics, cyber security/warfare, missile defense and combat systems.  Kratos has primarily an engineering and technically oriented work force of approximately 2,900. Substantially all of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos' primary end customers are National Security related agencies. News and information are available at www.KratosDefense.com About HawkEye 360 HawkEye 360 is developing a constellation of small satellites in low Earth orbit (LEO) to generate reports on wireless signals that can be used to track and monitor global transportation networks, assist with emergencies, as well as other data analytics services. The company seeks to provide highly accurate maritime situational awareness, collecting information about vessels to create a wealth of current and historical data useful for commercial planning and monitoring, as well as emergency response. Similar data will be available for airborne and land-based transportation and logistics industries. More information about the company can be found at www.he360.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.


SAN DIEGO, June 28, 2017 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that its Unmanned Systems Division (USD) was awarded an amendment to a previously awarded contract to exercise an option for Low Rate Initial Production Year 1 (LRIP 1) from the U.S. Navy, for BQM-177A Subsonic Aerial Target (SSAT) Drone Systems.  The SSAT LRIP 1 order has an initial value of $34,553,229.  Coincident with the LRIP 1 order, Kratos was awarded a contract to provide Contractor Logistics Support (CLS); initial value of the CLS award is $2,538,481 for fiscal 2017.  In addition, separate contracts for Peculiar Support Equipment, Initial Systems Spares, External Payload Systems and Flight Consumables will follow shortly.  Kratos’ USD is at the forefront in the design, development, demonstration and delivery of Affordable, High Performance, Jet Powered Unmanned Aerial Tactical and Target Drone Systems.  The BQM-177A is one of the highest performance unmanned aerial drone systems in the world today, with unmatched flight performance characteristics in multiple key mission areas.  SSAT LRIP 1, which coincides with the Fiscal 2017 U.S. Department of Defense (DoD) Budget, is the initial annual production order for this unmanned aerial target drone system, which recently completed development.   The Fiscal 2018 SSAT production order LRIP 2 is currently expected to be approximately 25 percent higher than Fiscal 2017 SSAT LRIP 1. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/49dd9e0d-865b-46c5-8ba2-90cc11639438 The SSAT Program is designed to meet the U.S. Navy’s requirements for a new High Fidelity Target to replicate subsonic anti-ship cruise missile threats in direct support of fleet training and weapon system testing and evaluation.  The BQM-177A will initially augment, and will eventually replace, the existing BQM-74E Chukar Targets and will deliver longer range, lower cruise altitudes and greater maneuverability. The BQM-177A is based on Kratos’ BQM-167X Aircraft, a derivative of the BQM-167A Skeeter Target currently being supplied to the U.S. Air Force.  While leveraging legacy designs of the BQM-167A, the BQM-177A introduces a new fuselage with area ruling, high mounted wings and an internally integrated MicroTurbo TR-60-5+ turbo jet engine for reduced transonic drag.  The BQM-177A can support various mission requirements by carrying a variety of internal and wing tip mounted payloads, including electronic counter measures, active and passive radar augmentation, infrared, identification friend or foe, internal chaff and flare dispensing, threat emitter simulators, smoke and scoring. Steve Fendley, President of Kratos’ Unmanned Systems Division, said, “We are extremely proud of the performance capabilities of this target aircraft, arguably the most capable and maneuverable low altitude high subsonic unmanned aircraft in existence. Transitioning to production is a significant milestone for our team and with this achievement it delivers a much needed capability to the Navy in supporting our country’s National Security requirements.” About Kratos Defense & Security Solutions Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a mid-tier government contractor at the forefront of the Department of Defense’s Third Offset Strategy.  Kratos is a leading technology, intellectual property and proprietary product and solution company focused on the United States and its allies’ national security.  Kratos is the industry leader in high performance unmanned aerial drone target systems used to test weapon systems and to train the warfighter, and is a provider of high performance unmanned combat aerial systems for force multiplication and amplification.  Kratos is also an industry leader in satellite communications, microwave electronics, cyber security/warfare, missile defense and combat systems.  Kratos has primarily an engineering and technically oriented work force of approximately 2,900. Substantially all of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos' primary end customers are National Security related agencies. News and information are available at 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.


News Article | June 27, 2017
Site: globenewswire.com

SAN DIEGO, June 27, 2017 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that its Modular System Division (MSD) recently received approximately $16 million in radar and system contract awards.  MSD is a provider of specialized systems, products and equipment that support strategic National Security related programs and platforms including; radars, unmanned systems, missile and ballistic missile defense systems and satellite communications.  Work under these contract awards will be performed in a secure Kratos manufacturing facility.  Due to customer related and other considerations, no additional information will be provided related to these contract awards. Tom Mills, President of Kratos’ Modular System Division, said, “Our entire organization is proud to support our customers and their mission critical National Security programs.  With what we believe to be a recapitalization of strategic National Security platforms and systems globally currently underway, MSD is uniquely positioned to provide our customers affordable modular systems, products and solutions for their C5ISR requirements.” About Kratos Defense & Security Solutions Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) is a mid-tier government contractor at the forefront of the Department of Defense’s Third Offset Strategy.  Kratos is a leading technology, intellectual property and proprietary product and solution company focused on the United States and its allies’ national security.  Kratos is the industry leader in high performance unmanned aerial drone target systems used to test weapon systems and to train the warfighter, and is a provider of high performance unmanned combat aerial systems for force multiplication and amplification.  Kratos is also an industry leader in satellite communications, microwave electronics, cyber security/warfare, missile defense and combat systems.  Kratos has primarily an engineering and technically oriented work force of approximately 2,900. Substantially all of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos' primary end customers are National Security related agencies. News and information are available at 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.


SAN DIEGO, July 11, 2017 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that the U.S. Government recently awarded its RT Logic subsidiary an important Wideband Communications Architecture Study (WCAS) contract to help define the next generation resilient ground architecture for the Department of Defense (DoD). Kratos was awarded three of the study’s primary tasks: 1) defining the overall ground architecture; 2) identifying flexible and efficient mechanisms to provide wideband transport including both satellite communications (SATCOM) and ground resources; and 3) determining the operations management requirements needed to facilitate system control and situational awareness. Increasingly, DoD terminals must be able to “roam” beyond one satellite network to expand SATCOM capacity and resiliency. To achieve this capability, U.S. Government systems must be able to flexibly access commercial and government resources and traverse among a diverse pool of satellites, teleports, and managed systems. Currently, this capability is hindered by the proliferation of managed service networks using proprietary modems and waveform technologies. Kratos is supported on this effort by a world-class team of satellite operators to execute the study, including Intelsat General, SES, INMARSAT, Hughes and OneWeb. According to John Monahan, Senior Vice President, Kratos SATCOM products, “The program draws upon Kratos’ core SATCOM and MILSATCOM capabilities that leverage our extensive portfolio of ground system products and architectural depth. The ‘roaming enterprise’ approach will increase SATCOM capacity and create a more resilient architecture to anticipate and respond to future attacks.” About Kratos Defense & Security Solutions Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a mid-tier government contractor at the forefront of the Department of Defense’s Third Offset Strategy.  Kratos is a leading technology, intellectual property and proprietary product and solution company focused on the United States and its allies’ national security.  Kratos is the industry leader in high performance unmanned aerial drone target systems used to test weapon systems and to train the warfighter, and is a provider of high performance unmanned combat aerial systems for force multiplication and amplification.  Kratos is also an industry leader in satellite communications, microwave electronics, cyber security/warfare, missile defense and combat systems.  Kratos has primarily an engineering and technically oriented work force of approximately 2,900. Substantially all of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos' primary end customers are National Security related agencies. News and information are available at 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.


SAN DIEGO, July 13, 2017 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that The Regulatory Authority (TRA) of the Sultanate of Oman has formally accepted the Advanced Space Radio Monitoring System (ASRMS) from Kratos. The multi-million dollar project started in late 2014 and includes ten years of long-term support services for the ASRMS system. The most advanced system of its kind, ASRMS is a unique satellite monitoring and geolocation solution specifically developed to help Satellite Frequency Regulators identify authorized and unauthorized satellite communication signals, manage the satellite spectrum used in their respective countries, and provide for improved cooperation with other telecommunications regulatory agencies. Working with TRA, Kratos was responsible for virtually every aspect of the system including the core satellite technology and associated hardware and software. ASRMS includes several Kratos antennas covering UHF/L/S/C/X/Ku/Ka frequency bands, a mobile vehicle providing analysis capabilities for both earth-to-space and space-to-earth signals and an unmanned aerial vehicle (UAV) spectrum analysing solution. Kratos’ Monics® carrier monitoring, satID® geolocation, Compass® network monitor & control (M&C) and NeuralStar®SQM service management products are integrated with the Antennas/RF system to provide an end-to-end solution that is integrated with TRA’s frequency management system that manages all the spectrum licenses. Additionally, Kratos managed the build-out of the extensive civil works (housing, road access, power, water, etc.) needed to support the system. With a user friendly graphical interface based on automated procedures and advanced tools, ASRMS eases regulator management of the satellite RF spectrum over their countries including known and unknown transmissions. “Satellite spectrum is a national security asset that can be subject to unauthorized usage, interference and other threats,” said Eng. Yousuf Al Balushi, Vice President-Spectrum Management Affairs. “The ASRMS will enable us to better manage, monitor and geolocate satellite radio frequency transmissions over the Sultanate with operations automated for MEO and GEO satellites in all bands.” “Systems such as ASRMS are becoming increasingly important to satellite frequency regulators as multi-beam HTS satellites and LEO satellites make spectrum more congested, more challenging to track satellite communications (SATCOM) signals and more critical to the management of the spectrum in use in their countries,” said Bruno Dupas, President of Kratos Integral Systems Europe, which was the Kratos operating unit that provided the ASRMS system. 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.


News Article | March 2, 2017
Site: globenewswire.com

SAN DIEGO, March 02, 2017 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (“Kratos”) (NASDAQ:KTOS), a leading national security solutions provider, announced today the pricing of an underwritten public offering of 10,350,000 shares of its common stock at a purchase price of $7.25 per share.  In addition, Kratos has granted the underwriters a 30-day option to purchase up to 1,552,500 additional shares of common stock to cover over-allotments, if any.  All of the shares in the offering are to be sold by Kratos.  The offering is expected to close on or about March 7, 2017, subject to customary closing conditions. Kratos expects to use the net proceeds from the offering to reduce overall Company indebtedness in order to facilitate Kratos’ long-term strategy and for general corporate purposes, including the funding of certain new growth opportunities in the Company’s Unmanned Systems and Satellite Communications, Technology and Training businesses. Canaccord Genuity and B. Riley & Co. are acting as joint book-running managers for the offering.  Drexel Hamilton, Noble Capital Markets and Seaport Global Securities LLC are acting as co-managers. A preliminary prospectus supplement and accompanying prospectus describing the terms of the offering has been filed with the Securities and Exchange Commission (“SEC”) and a final prospectus supplement will be filed with the SEC. Copies of the final prospectus supplement and accompanying prospectus relating to the offering may be obtained, when available, from Canaccord Genuity, Attention: Syndicate Department, 99 High Street, 12th Floor, Boston, Massachusetts 02110, by telephone at (617) 371-3900, or by email at prospectus@canaccordgenuity.com; or from B. Riley & Co., c/o The Compliance Department, 11100 Santa Monica Blvd., Suite 800, Los Angeles, California 90025, by telephone at (888) 295-0155, or by email at compliance@brileyco.com. Electronic copies of the final prospectus supplement and accompanying prospectus will also be available on the SEC’s website at www.sec.gov. A shelf registration statement relating to the shares of common stock to be issued in the offering was filed with the SEC and is effective.  This press release does not constitute an offer to sell, or the solicitation of an offer to buy, these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. About Kratos Defense & Security Solutions Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a mid-tier government contractor at the forefront of the Department of Defense's Third Offset Strategy.  Kratos is a leading technology, intellectual property and proprietary product and solution company focused on the United States and its allies' national security.  Kratos is the industry leader in high performance unmanned aerial drone target systems used to test weapon systems and to train the warfighter, and is a provider of high performance unmanned combat aerial systems for force multiplication and amplification.  Kratos is also an industry leader in satellite communications, microwave electronics, cyber security/warfare, missile defense and combat systems.  Kratos has primarily an engineering and technically oriented work force of approximately 2,900. Substantially all of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos' primary end customers are National Security related agencies. 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.  Such statements relate to a variety of matters, including, without limitation, the Company's expectations regarding the sale of shares of its common stock in the proposed public offering, the completion, timing and size of the proposed offering, the use of the proceeds from the proposed offering and other statements that are not purely statements of historical fact.  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 the Company undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Factors that could cause actual results to differ materially from the forward-looking statements contained herein include, but are not limited to: risks and uncertainties related to market conditions and the satisfaction of customary closing conditions related to the proposed public offering.  There can be no assurance that Kratos will be able to complete the proposed public offering on the anticipated terms, or at all.  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 Form 8-K and other filings made with the SEC by Kratos.


SAN DIEGO, Feb. 22, 2017 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that Kratos' Defense & Rocket Support Services (DRSS) Division successfully supported the Missile Defense Agency (MDA) and Sailors aboard the USS JOHN PAUL JONES (DDG-53) as they completed the first intercept test of the SM-3 Blk IIA missile on February 3, 2017. The successful SM-3 Blk IIA missile test, designated SFTM-01, was conducted against an advanced Medium Range Ballistic Missile (MRBM) target, developed by Kratos and its Government and industry partners. The Kratos MRBM target was launched from the Pacific Missile Range Facility in Kauai, Hawaii before it was acquired and tracked by the USS JOHN PAUL JONES using its onboard AN/SPY-1D(V) radar and Aegis weapon system. All data indicates that the Kratos MRBM target performed nominally through all phases of flight. The launch of the SM-3 Blk IIA was the first intercept test for the missile developed under a cooperative U.S. – Japanese program. The new interceptor missile features upgraded propulsion systems and an enhanced kinetic warhead aimed at engaging more capable threats over larger areas. The missile will continue to be evaluated for future use aboard ships and ashore as part of Phase 3 of the European Phased Adaptive Approach. The successful three stage separating MRBM target featured Kratos’ Oriole solid propellant rocket motor mounted atop two tandem U.S. Government surplus Mk-70 Terrier kick stages. In addition, Kratos designed and produced payload hardware for the target including mechanical support structures, stabilizing fins, electrical event initiation systems, and active staging and separation systems. Kratos personnel participated in mission planning, payload assembly, testing, and target vehicle build-up and launch operations in support of the successful mission. DRSS is a leading provider of products, solutions, and services supporting ballistic missile defense, hypersonic, Aegis, sounding rocket, directed energy, electromagnetic railgun and other national security and scientific programs. Mr. David Carter, President of Kratos’ Defense & Rocket Support Services Division, stated, “Kratos is proud to continue its work with government and industry partners providing low-cost, highly reliable rocket vehicle solutions for Ballistic Missile Defense testing, and hypersonic experimentation. This flight represents the second successful flight of the MRBM-T4E target for the MDA and the fifth successful flight of the highly capable and flexible Terrier-Terrier-Oriole flight vehicle.” About Kratos Defense & Security Solutions Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a mid-tier government contractor at the forefront of the Department of Defense's Third Offset Strategy.  Kratos is a leading technology, intellectual property and proprietary product and solution company focused on the United States and its allies' national security.  Kratos is the industry leader in high performance unmanned aerial drone target systems used to test weapon systems and to train the warfighter, and is a provider of high performance unmanned combat aerial systems for force multiplication and amplification.  Kratos is also an industry leader in satellite communications, microwave electronics, cyber security/warfare, missile defense and combat systems.  Kratos has primarily an engineering and technically oriented work force of approximately 2,900. Substantially all of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos' primary end customers are National Security related agencies. News and information are available at 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 27, 2015, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.


SAN DIEGO, Feb. 10, 2017 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that the Cyprus Telecommunications Authority (Cyta), a major international telecommunications hub in the Eastern Mediterranean, has selected Kratos’ End-to-End Network Management Suite of products to support its expanding satellite ground operations. The network management suite will help Cyta scale its international operations by automating network functions and managing customer services and Service Level Agreements (SLAs) more effectively across hybrid satellite and terrestrial networks. The suite will be deployed at the company’s Makarios Teleport Station. The Makarios Teleport hosts a large number of earth stations providing links to numerous satellites included in Cyta’s extensive telecommunications network that delivers a wide range of international telecommunications products, services and solutions. The network management upgrade is a key element of Cyta’s enhancement program, which includes adding advanced services to support satellite operators in satellite control and monitoring operations. As Bruno Dupas, President of Kratos Integral Systems Europe, explains: “Optimization of network performance and service delivery were two of Cyta’s key objectives. The End-to-End Network Management suite configured for Cyta includes Compass® to proactively monitor and manage Cyta’s network devices to reduce costly downtime, and, in the event of a device failure, reduce Mean-Time-to-Repair (MTTR) by identifying the root cause of device issues earlier and accelerating the remediation process. In addition, Kratos’ NeuralStar® SQM organizes and manages Cyta’s services across its international network and helps improve service quality assurance. By bridging the management silos, NeuralStarSQM retrieves both device and service data from monitored systems at the Makarios Teleport and integrates it all into a common platform enabling Cyta to identify, prioritize and recover services quickly and improve service level delivery and maximize SLAs.” Makarios Teleport’s operations are already supported by Kratos’ Monics® integrated RF Monitoring System, which is connected to more than 60 satellite antennas and provides direct visibility to the satellite carriers transmitted and received at the site. Detailed information on the relevant parameters, such as modulation details of wanted and interfering carriers can be readily extracted. Together, Compass, NeuralStarSQM, and Monics provide an end to end solution ensuring that Teleport personnel are continuously aware of the status of every device and service Cyta provides and can promptly take the necessary measures to address any situation effectively. According to Costas Agrotis, Manager of the Cyprus Teleports, “Makarios Teleport along with the other two supplementary teleports continue to expand steadily and new equipment and infrastructure is regularly integrated to the existing facilities. Our new Network Management System will help us reduce costs and increase Quality of Service (QoS) by automating manual tasks and expediting recovery from network anomalies. It is a key component of our infrastructure enhancement as well as our continued growth.” About Kratos Defense & Security Solutions Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a mid-tier government contractor at the forefront of the Department of Defense’s Third Offset Strategy.  Kratos is a leading technology, intellectual property and proprietary product and solution company focused on the United States and its allies’ national security.  Kratos is the industry leader in high performance unmanned aerial drone target systems used to test weapon systems and to train the warfighter, and is a provider of high performance unmanned combat aerial systems for force multiplication and amplification.  Kratos is also an industry leader in satellite communications, microwave electronics, cyber security/warfare, missile defense and combat systems.  Kratos has primarily an engineering and technically oriented work force of approximately 2,800. Substantially all of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos' primary end customers are National Security related agencies. News and information are available at www.KratosDefense.com. About Cyta Cyta is the incumbent operator in Cyprus providing full spectrum of telecommunication services. Cyta operates a modern telecommunications network and an extensive submarine cable and teleport infrastructure. It combines a telecommunications gateway in Cyprus with POPs in major Telehouses in Europe. Cyta is active in the international market and provides services to business customers around the world. Being an established provider with diverse facilities and capabilities, Cyta is well-placed to offer its customers the ability to integrate fiber with satellite solutions. Cyta is capitalizing on the geographical location of Cyprus in the Eastern Mediterranean Sea to expand its telecommunications hub. Cyta operates 3 Teleports in Cyprus providing diversity and disaster recovery. Makarios Teleport along with the other two teleports offer full visibility of the geostationary arc, covering any satellite location between 35W and 105E and are optimum for satellite communications. Makarios Teleport is currently through the process of being certified by World Teleport Association (WTA). Cyta is a long-term industry partner and has a solid reliability record for the provision of satellite services for more than 35 years. The climate in Cyprus, with extensive sunshine, low rainfall and no need for de-icing is ideal for satellite operations. These favorable conditions make it possible to provide satellite links with enhanced availability. 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 27, 2015, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.


Patent
U.S. Navy, Kratos Defense and Security Solutions | Date: 2015-12-18

A propane burner assembly is provided for producing a fast cook-off environment. The burner assembly includes a frame, parallel delivery pipes, a pair of manifolds with a corresponding pair of feed lines, a supply line, a fuel reservoir, a valve and an igniter pilot. The frame geometrically defines a platform region with a plurality of corners. The frame includes at least two opposite sides. The delivery pipes are supported by the frame. Each delivery pipe has a plurality of orifices. The manifold pair supplies propane to the delivery pipes. The manifolds are respectively disposed adjacent the two opposite sides. The feed lines transport propane to the manifolds. The fuel reservoir stores the propane. The supply line delivers propane from the fuel reservoir to the feed lines. The valve controls delivery of propane to the feed lines. The igniter pilot initiates combustion. Activating the valve enables propane to eject through the orifices to propagate combustion within the frame.


SAN DIEGO, Feb. 21, 2017 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that it will publish financial results for the fourth quarter and Fiscal Year 2016 after the close of market on Monday, February 27, 2017.  Management will discuss the Company’s operations and financial results in a conference call beginning at 2:30 p.m. Pacific (5:30 p.m. Eastern). Analysts and institutional investors may participate on the conference call by dialing 866-393-0674, referencing the call by ID number 66898084.  The general public may access the conference call by dialing 877-344-3935, or on the day of the event visit www.kratosdefense.com for a simultaneous webcast. A replay of the webcast will be available on the Kratos website approximately two hours after the conclusion of the conference call. About Kratos Defense & Security Solutions Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a mid-tier government contractor at the forefront of the Department of Defense’s Third Offset Strategy.  Kratos is a leading technology, intellectual property and proprietary product and solution company focused on the United States and its allies’ national security.  Kratos is the industry leader in high performance unmanned aerial drone target systems used to test weapon systems and to train the warfighter, and is a provider of high performance unmanned combat aerial systems for force multiplication and amplification.  Kratos is also an industry leader in satellite communications, microwave electronics, cyber security/warfare, missile defense and combat systems.  Kratos has primarily an engineering and technically oriented work force of approximately 2,900. Substantially all of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos' primary end customers are National Security related agencies. News and information are available at www.KratosDefense.com.

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