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
August 3, 2021 | International, Land
A mechanical and aerospace engineering professor is developing advanced helmets to ensure that members of the military are as protected as possible from blasts and other types of attacks.
December 7, 2023 | International, Aerospace
SDA Director Derek Tournear said Dec. 7 the agency has already put some projects on hold due to the ongoing continuing resolution.
November 23, 2018 | International, Aerospace, Naval, Land, C4ISR, Security
ARMY DDB Chicago Inc., Chicago, Illinois, was awarded a $4,000,000,000 hybrid (cost, cost-plus-award-fee, cost-plus-fixed-fee, and firm-fixed-price) contract for services in support of the U.S. Army Marketing and Advertising Program. Bids were solicited via the internet with five received. Work locations and funding will be determined with each order, with an estimated completion date of Nov. 18, 2028. U.S. Army Mission and Installation Contracting Command, Fort Knox, Kentucky, is the contracting activity (W9124D-19-D-0001). Tetra Tech-Maytag Aircraft Corp., Pasadena, California, was awarded a $10,252,498 modification (0007 03) to contract W912DY-13-G-0010 for maintenance and minor emergency repair of equipment and appurtenances. Work will be performed in Jacksonville, Florida; Fort Worth, Texas; Tallahassee, Florida; Mayport, Florida; Panama City, Florida; New Orleans, Louisiana; Parris Island, South Carolina; Pensacola, Florida; Quantico, Virginia; Albany, Georgia; Milton, Florida; Andros Island, the Bahamas; and Guantanamo, Cuba, with an estimated completion date of Dec. 15, 2019. Fiscal 2019 defense working capital funds in the amount of $10,252,498 were obligated at the time of the award. U.S. Army Corps of Engineers, Huntsville, Alabama, is the contracting activity. Threat Tec LLC,* Hampton, Virginia, was awarded an $8,215,050 modification (P00003) to contract W9124E-18-D-0002 for training support services. Bids were solicited via the internet with seven received. Work locations and funding will be determined with each order, with an estimated completion date of Nov. 24, 2019. U.S. Army Mission and Installation Contracting Command, Fort Polk, Louisiana, is the contracting activity. DEFENSE LOGISTICS AGENCY Pacific Unlimited Inc., Barrigada, Guam, has been awarded a maximum $288,000,000 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for full food-line distribution. This is a 90-month contract with no option years, but three tier periods. This was a small business set-aside with two responses received. The maximum dollar amount is for the life of the contract. Location of performance is Guam, with a May 20, 2026, performance completion date. Using customers are Army, Air Force, Navy, Marine Corps and the Guam Department of Education. Type of appropriation is fiscal 2019 defense working capital funds. The contracting agency is the Defense Logistics Agency Troop Support, Philadelphia, Pennsylvania (SPE300-19-D-4045). WGL Energy Services Inc., Vienna, Virginia (SPE604-19-D-7503; $68,917,749); Direct Energy Business Marketing LLC, Iselin, New Jersey (SPE604-19-D-7500; $28,236,905); UGI Energy Services Inc., Reading, Pennsylvania (SPE604-19-D-7501, $9,110,525) and Enspire Energy LLC, Chesapeake, Virginia (SPE604-19-D-7504, $8,626,448), have been awarded a fixed‐price with economic‐price-adjustment contract under solicitation SPE604-18-R-0405 for natural gas. These were competitive acquisitions with eight offers received. These are two-year base contracts with six‐month option periods. Locations of performance are Massachusetts, New York, New Jersey, Pennsylvania, Delaware, Maryland, Washington, District of Columbia, and Virginia, with a March 31, 2021, performance completion date. Using customers are Army, National Guard, Marine Corps, Navy, Air Force, Coast Guard and federal civilian agencies. Type of appropriation is fiscal 2019 through 2021 defense working capital funds. The contracting activity is the Defense Logistics Agency Energy, Fort Belvoir, Virginia. NAVY Vista Outdoor Sales LLC – Federal Cartridge Co., Anoka, Minnesota, is awarded a $41,181,315 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for 5.56mm ball, carbine, barrier ammunition. This ammunition is designed to defeat intermediate barriers such as auto windshields and doors while providing sufficient terminal performance. Work will be performed in Anoka, Minnesota, and is expected to be completed by November 2023. Fiscal 2019 procurement of ammunition (Navy and Marine Corps) funding in the amount of $219,981 will be obligated at time of award and will not expire at the end of the current fiscal year. This contract was competitively procured via the Federal Business Opportunities website, with one offer received. The Naval Surface Warfare Center, Crane Division, Crane, Indiana, is the contracting activity (N00164-19-D-JN58). IMSAR LLC,* Springfield, Utah, is awarded a $9,952,769 cost-plus-fixed-fee, firm-fixed-price delivery order (N6833519F0016) against a previously issued basic ordering agreement (N6833518G0015). This order provides for the procurement of Small Business Innovation Research (SBIR) Phase III work that derives from, extends, or completes an effort performed under SBIR Topic AF112-144 entitled “Advanced Radar Concepts for Small (Tier I/II) Remotely Piloted Aircrafts.” Research and development will be performed in Springfield, Utah, and is expected to be completed in November 2019. Fiscal 2018 research, development, test and evaluation (Navy); and fiscal 2018 procurement (Marine Corps) funds in the amount of $9,952,769 are being obligated on this award, $5,332,588 of which will expire at the end of the current fiscal year. The Naval Air Warfare Center Aircraft Division, Lakehurst, New Jersey, is the contracting activity. Iridium Satellite LLC, Tempe, Arizona, is awarded a $9,141,484 cost-plus-fixed-fee option modification to previously-awarded contract N00178-17-C-0001 to continue to support commercial satellite-based network services for the Department of Defense in the areas of satellite, ground node, user equipment/terminal software and hardware development, integration and testing. This award is a follow-on requirement to procure continued communication support services that may be implemented for use in tactical, operational and strategic-level activities. Work will be performed McLean, Virginia (50 percent); and Tempe, Arizona (50 percent), and is expected to be completed by November 2019. Fiscal 2018 research, development, test and evaluation (Navy) funding in the amount of $300,000 will be obligated at time of award and will expire at the end of the current fiscal year. This contract was not competitively awarded, in accordance with 10 U.S. Code 2304(c)(1) - only one responsible source and no other supplies or services will satisfy agency requirements. The Naval Surface Warfare Center, Dahlgren Division, Dahlgren, Virginia, is the contracting activity. *Small business https://dod.defense.gov/News/Contracts/Contract-View/Article/1695728/source/GovDelivery/