May 13, 2020 | International, C4ISR
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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Lockheed Martin Canada has awarded a contract to MBDA to install Sea Ceptor air defence weapon system on the Royal Canadian Navy's new Canadian Surface Combatant (CSC).
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After decades of using laser-type devices for shooting simulations and force-on-force tactical warfighting, the Marine Corps is asking for a new way to do fake shooting. A recent request for information is asking the commercial industry to bring ideas to the Corps that would help it make simulated shooting more realistic for up to a battalion-size force and improve current systems. Some versions of those systems have been in operation since Nintendo's Duck Hunt video game was considered high-tech shooting and laser tag advertisements dominated Saturday morning cartoons. This won't hit every Marine Corps installation but many will have it. Based on the RFI, the systems would be employed “to provide turnkey instrumented exercises with After Action Review (AAR) at 29 Palms, Camp Lejeune, Camp Pendleton, MCB Hawaii, MCB Okinawa or MCB Quantico within 3 weeks of notice, as well as support additional exercises upon request at Camp Fuji, Japan, Marine Corps Mountain Warfare Center, MCB Yuma, and specified reserve locations.” And the Marines are not doing this alone. They will be leveraging the Army's Live Training Engagement Component software. That's a tactical training framework so that simulations can be on the same standards and work jointly with other services and potentially foreign partners. One of the key cross functional teams that the Army formed last year included simulated training environment work. The goal is to incorporate better simulations for training at all levels, beginning in the design and procurement of future weapons and other equipment systems. The Corps wants a system that would be able to simulate all weapons and vehicles typically seen in a battalion, which would include at least: M4/M16; M9 or sidearm, the M27 Infantry Automatic Weapon; hand grenades; rocket propelled grenades; Light Anti-Tank Weapon; 60mm mortars; 81mm mortars; Claymore antipersonnel mine; Mk-19 grenade launcher; Russian machine gun; AK-47 variants; M41 TOW; Javelin missile and the Carl Gustaf recoilless rifle. It would distinguish between a hit, wound or miss and record information for after-action reviews. Marine Corps Times first reported news of this initiative last year following an interview with then-program manager for Training Systems at Marine Corps Systems Command, Col. Walt Yates. At the time, Yates described some of the shortfalls of using lasers when gauging accuracy and real-world effects. “A laser is at the speed of light, and the bullet is not,” he said. Yates previously said that though the current shooting systems are a generational change from old MILES, or multiple integrated laser engagement system, lasers have fundamental flaws for realistic battle scenarios. For example, laser-based systems shoot line-of-sight, making arcing weapons such as mortars and grenade launchers more difficult to simulate. Lasers can also be deflected by light concealment such as tree leaves and thin walls. And the number of troops and shooting ranges will change with new systems. The first generation ITESS accommodated 120 Marines and opposition forces, the second generation expanded to 1,500 with a communication radius of 5 to 8 km. The third seeks to track up to 2,500 Marines, making it capable of battalion on battalion exercises envisioned by the commandant, Yates said in the November interview. A new simulator must act more like a real bullet, requiring Marines to lead their moving targets, fire rifles on semi, burst and fully automatic modes and ensure the bullet travels in the realistic path, which is not perfectly line of sight, he said. https://www.marinecorpstimes.com/news/your-marine-corps/2018/06/04/marines-want-a-better-way-do-force-on-force-tactical-shooting-training/