August 12, 2023 | International, Aerospace
The time is now to go all in on modernizing weapon systems
Just as kinetic capabilities are crucial to success on the ground, so too is data crucial to operational success in cyberspace.
May 13, 2020 | International, C4ISR
Kratos Receives $14 Million C5ISR System Award
San Diego, May 12, 2020 (GLOBE NEWSWIRE) - Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that it has received a $14 million Command, Control, Communication, Computing, Combat, Intelligence, Surveillance and Reconnaissance (C5ISR) System award.
Kratos is a leading provider of C5ISR Systems and Solutions in support of Unmanned Aerial Drone, Missile, Radar, Missile Defense, High Powered Directed Energy and Chemical, Biological, Radiation, Nuclear and Explosive (CBRNE) Detection Programs for National Security Missions.
The C5ISR systems under this contract award will be produced in secure Kratos manufacturing facilities. Due to competitive, customer related and other considerations, no additional information will be provided related to this contract award.
Tom Mills, President of Kratos C5ISR Division, said, “Kratos is the recognized provider of rapidly developed and fielded affordable products and systems. Kratos C5ISR Division is focused on supporting our customers in addressing the recapitalization of strategic weapon systems to address increasing peer and near peer threats to the United States and its allies. All of Kratos is proud to support this customer in this mission critical priority national related security program.”
About Kratos Defense & Security Solutions, Inc.
Kratos 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 and combat systems, and next-generation turbojet and turbo-fan engine development. 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 29, 2019, 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
View source version on Kratos Defense & Security Solutions, Inc.: https://ir.kratosdefense.com/news-releases/news-release-details/kratos-receives-14-million-c5isr-system-award
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September 18, 2020 | International, Land
Army backs off idea to submit its own bid in Bradley replacement competition
Jen Judson WASHINGTON — The Army is backing off a plan for the service to submit its own bid to the Bradley Infantry Fighting Vehicle replacement competition after it indicated its intention to offer up its own design in a draft request for proposals posted in July. The service tried once before to competitively solicit designs for its Optionally Manned Fighting Vehicle (OMFV) but ended up with just one offering after its requirements proved too onerous to industry and included a requirement to deliver a working prototype to the Army by October 2019. In a statement sent to Defense News Sept. 17 from Ashley John, an Army spokeswoman, she said “As a result of industry feedback and continuous dialogue between Army senior leaders, the government will not submit a proposal in response to the OMFV RFP. A revision to the draft OMFV RFP was made today and deletes paragraph A.3.1 Interested Government Offeror in its entirety." The Army's intention to develop its own bid was met with scrutiny as industry officials questioned whether the service could play the game after service leaders had already seen industry's cards during an earlier iteration of the competition. The move, many in industry thought, would have easily teed up protests. With pressure to get the competitive process right this time in a program where the service plans to spend $4.6 billion from fiscal 2022 through FY26, it is turning to industry input earlier and more than ever. Congress questioned Army leaders earlier this year on why it seemed the service did not pay attention to the signs or listen to industry and make adjustments before having to cancel its previous competition. First, BAE Systems, which manufactures the Bradley, decided not to compete due to unachievable requirements set within a very short timeline. Then the Army had to disqualify a Raytheon and Rheinmetall team because they couldn't get a physical bid sample to Aberdeen Proving Ground, Maryland, in time. The service, this time around, reviewed and analyzed over 500 industry comments in response to the draft RFP and will now spend several weeks providing responses to industry concerns, John said. “As we continue to progress through the first-phase of our five-phased approach for the OMFV program, communication, inclusive feedback and innovative thinking from industry remains key,” John said. The Army waded back into the OMFV effort with the release of a market survey in February that tapped industry for ideas on what a future vehicle might look like. The market survey itself asked companies to weigh in on what affected their decisions to participate in the previous OMFV competitive effort and how the Army might better engage with industry this time around. Instead of providing a laundry list of requirements that when paired together became unachievable — especially when delivered over an ambitious fielding goal of 2026 — the Army will give industry roughly nine characteristics with which to work. The Army is also not requiring the delivery of physical bid samples in the first phase of competition. The Army plans to release a final RFP in December, which will results in the award of up to five contracts in June 2021. It appears likely that the Raytheon and Rheinmetall team and General Dynamics Land Systems will submit bids for the new competition. BAE Systems has not publicly said whether they plan to compete this time. https://www.defensenews.com/land/2020/09/17/army-backs-off-idea-to-submit-its-own-bid-in-bradley-replacement-competition/
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February 26, 2021 | International, Aerospace
‘Too early to say’ when B-52 engine contract will be awarded
Companies are still moving through the process of furnishing the government with additional information about their proposals.