Kratos Receives $5.2 Million in Specialized Product Awards to Support C5ISR Systems
SAN DIEGO, Dec. 17, 2018 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that it has recently received approximately $5.2 million in specialized product awards in support of certain Command, Control, Communications, Computing, Combat, Intelligence, Surveillance and Reconnaissance (C5ISR) Programs. Kratos provides specialized systems and products in support of unmanned aerial drone, ballistic missile defense, missile, radar, communication and other platforms and systems. Work under these new contract awards will be performed in secure Kratos manufacturing facilities. Due to customer related, competitive and other considerations, no additional information will be provided related to these recent contract awards.
Eric DeMarco, President and CEO of Kratos, said, “Kratos is the recognized go to provider of affordable systems and products which support many of the United States and its Allies’ National Security Priorities, and the Kratos team continues to demonstrate our leadership position with new program and contract wins. A key element of Kratos strategy is to utilize proven leading technology integrated into platforms, systems and products resulting in rapid fielding, affordability, and lower overall program risk, as compared to unproven and to be developed bleeding edge technology solutions.”
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