Lockheed nabs another big hypersonic weapons contract

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  July 6, 2020 | International, C4ISR

  Kratos Receives $30 Million in C5ISR Contract Awards

  San Diego, July 2, 2020 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that it has recently received approximately $30 million in contract awards for Command, Control, Computing, Communication, Combat, Intelligence, Surveillance and Reconnaissance (C5ISR) Systems, focused primarily on missile defense related combat systems. Kratos is an industry leader in the rapid development, demonstration and fielding of affordable leading technology products and solutions in support of the United States and its allies' national security missions. Kratos C5ISR Modular Systems Business is an industry leader in manufacturing, producing and delivering C5ISR Systems for Missile, Radar, High Power Directed Energy, Ballistic Missile Defense, Unmanned Aerial Vehicle, Chemical, Biological, Radiation, Nuclear and High Explosive (CBRNE) and other programs and applications. Work under these recent program awards will be performed at secure Kratos manufacturing and production facilities. The majority of the performance under these contract awards will be completed over the next 24 months. Due to customer, competitive and other considerations, no additional information will be provided related to these U.S. National Security related program awards. Tom Mills, President of Kratos C5ISR Business, said, “These recent contract awards to support critical national security related systems and programs are representative of the confidence of Kratos' customers in our ability to meet their mission critical needs and requirements, on schedule and on budget. Our entire organization is proud to support the Department of Defense, other customers, government agencies and the warfighter in the execution of their mission.” Eric DeMarco, President and CEO of Kratos Defense, said, “We believe that these recent contract awards are representative of Kratos' positioning as a disruptive leading technology systems, products and intellectual property company, including our focus on unmanned jet drones, space and satellite communications, microwave electronics, next generation jet engines for tactical systems, missile defense and hypersonic vehicles. At Kratos, affordability is a technology, and we are executing on our plan to be an alternative provider to our DoD and National Security customer base in our key focus areas.” 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-30-million-c5isr-contract-awards

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  August 28, 2019 | International, Aerospace

  Astroscale US Targets DoD Sat Servicing Market

  By THERESA HITCHENS WASHINGTON: Japanese start-up Astroscale thinks its space junk technology can be used by the Pentagon for on-orbit satellite servicing, to build a foundation for its ultimate goal of building a space debris removal business, says Ron Lopez, president and managing director of the company's new US unit. “Debris removal is the immediate focus for the company, but there is a lot of [technology] applicability to adjacent areas of the market that end up leading to capabilities that the military needs,” Lopez explained in an interview. “DoD is a customer like any other, with a future need for servicing its own satellites to extend mission life.” For example, Astroscale's sensor and guidance technology that allows it to precisely rendezvous with a piece of debris could also be used by the Air Force to do the same with an active satellite, he said, to inspect it or to make repairs. Likewise, the firm's docking technology is applicable to many types of servicing missions, such as re-fueling, that are of interest to DoD. Astroscale US thus is seeking American partners to help it break into the military space marketplace — starting small with component and tech demos. “We are still in early stage of discussions, and trying to understand what the requirements are,” Lopez said. “We've been busy building partnerships with a lot of small- and mid-sized companies,” he added, to bring together “a very innovative set of technologies and capabilities” that can bring “value-added to the commercial marketplace and DoD as well.” Astroscale launched its US subsidiary in April, opening an office near Denver and is slowly building a staff (currently number four full time employees.) The US subsidiary expands the company from the Japanese headquarters, and branches in Singapore and the United Kingdom. It recently garnered another $30 million to its Series D funding that brings the total amount of capital raised in the round to $132 million, according to the corporate website. The company, founded by Japanese tycoon Nobu Okada in 2013, is fully aware that it is cannot make a business case for orbital debris removal today. There simply isn't a country or a customer ready to pay to fully develop the technology required at the moment; nor is it clear that even if the technology is there customers would be incentivized to pay someone to take out their trash if there is no legal requirement to do so. Indeed, there may even be legal obstacles since the 1967 Outer Space Treaty deems debris the property of the launching state, meaning that a garbage collector would need permission of the owner to do so. Therefore, on-orbiting servicing is a nearer-term mission that will allow the company to continue to thrive and grow. “On-orbit servicing can enable space debris removal,” Lopez summed up. “We are working with customers who have an interest in adjacent missions; those interests help us develop our core techology.” The Air Force actively has been exploring on-orbit servicing technologies through a series of small business and tech demo projects. For example, in July, the Air Force Research Laboratory (AFRL) updated its request for information (RFI) designed to help the service get a grip on the available industrial base for autonomous Rendezvous and Proximity Operations (RPO) and “InspectorSat capabilities,” as well as the limits of current commercial technologies. Responses were due Aug. 9. Further, the space industry is lobbying hard for the Commerce Department to issue new US government rules to ease development of on-orbit servicing technologies and spur the market via more coherent licensing obligations. Licensing for satellites that can perform proximity operations — that is, can safely maneuver around another satellite or a piece of debris, dock with that object, and perform some function such as re-fueling — currently falls between agency cracks. Meanwhile, the CONFERS consortium, led by the Defense Advanced Research Projects Agency (DARPA) is working to develop industry-created best practices for such tricky space operations. Despite the hurdles for a non-US company to get its subsidiary fully credentialed to compete for DoD contracts, Lopez says being a wholly-owned Japanese company is a help, not a hindrance, because of the high level placed on cooperation in space by Tokyo and Washington. While bilateral and multilateral collaboration is often equated with simply “trying to fulfill political objectives,” Lopez stressed that it also helps the countries involved to reduce schedule and cost risks. “When we have real and evolving threats, the need is urgent and we have an environment where our tax dollars are constrained,” he said, “what that translates into is that collaboration is a way to reduce risks.” https://breakingdefense.com/2019/08/astroscale-us-targets-dod-sat-servicing-market/

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  September 19, 2018 | International, Aerospace

  Air Force finds new KC-46 deficiencies, jeopardizing planned delivery date

  By: Valerie Insinna WASHINGTON — The U.S. Air Force has added two new technical issues to the KC-46 tanker's list of problems, potentially throwing a wrench into the projected delivery of the first tanker in October. The service confirmed to Defense News on Sept. 17 that both deficiencies are category-1 , the most serious designation of technical problems, and revolve around the tanker's refueling boom system. At this point, the Air Force is unsure whether the two problems will be solved in time for KC-46 manufacturer Boeing to deliver the first tanker next month, said Air Force spokeswoman Ann Stefanek. “Boeing and the program office are still reviewing the test data and assessing the risk and potential solutions to these deficiencies, and proceeding in parallel to aircraft delivery,” she said in a statement. The first new deficiency, which the service has labeled “No Indication of Inadvertent Boom Loads,” refers to situations where boom operators unintentionally provide an input into the flight control stick that induces loads on the boom while it is in contact with a receiver aircraft. The KC-46 currently has no way to notify that operator that this is happening. The second deficiency was found when pilots of receiver aircraft reported that the boom is too stiff during the part of the process when the receiver plane moves forward into the fuel transfer zone. “We discovered these deficiencies during the course of flight testing,” Stefanek said. “As the program progresses through receiver certification testing, we are still in discovery phase with the tanker/receiver pairs. ... The test team is still writing the test reports, but submitted the DRs [deficiency reports] in advance to assist in accelerating root cause, corrective action development.” In a statement, Boeing said that it continues to work with the Air Force to determine a path forward. “These are not safety of flight issues and we are confident in the unmatched capabilities of the KC-46 tanker aircraft," the company said. "To date we have completed more than 4,000 contacts during flights with F-16, F/A-18, AV-8B, C-17, KC-10 and A-10 aircraft. The refueling system has been tested extensively — we have a well-tested system that works.” The Air Force can accept tankers at its own discretion, with or without active deficiencies. However, both Boeing and the Air Force have worked under the assumption that the service will not do so until all category-1 issues have been worked out or downgraded to category-2, which signifies that a workaround has been put into place. The news of two more deficiencies is a blow to Boeing, which had been hoping to deliver the first tanker in October after finally coming to an agreement with the Air Force earlier this year on a proposed schedule. The KC-46 program has been notoriously above cost, and Boeing's fixed-price contract with the Air Force has forced it to pay out more than $3.4 billion to cover those overruns. It has also run years behind schedule: The company was initially slated to deliver the first 18 certified tankers by August 2017. Boeing now has until October 2018 to meet that deadline — called required assets available— but will almost surely miss it, as the Air Force does not have the resources to absorb 18 new tankers in a month. Over the past year, Boeing has been racing to resolve three additional category-1 deficiencies. Two involve the tanker's remote vision system, or RVS, a series of cameras and sensors that allow the boom operator to direct fuel into a receiver aircraft. Unlike legacy tanker operators, KC-46 boomers will be unable to look out a window in order to see the refueling process happen — making them entirely reliant on the RVS. However, certain lighting conditions make it difficult to see the receiver aircraft's receptacle, leading to incidents where the boom has scraped the plane being refueled. To fix the issue, Boeing has developed and tested a fix to the RVS' software. The Air Force is currently reviewing that data, and both RVS-related deficiencies are still in effect. The final issue involves the system centerline drogue system, which has a mechanical lock that sometimes inadvertently disconnects during a refueling. Boeing plans to create a software fix to ameliorate that problem, too, but it remains a category-1 deficiency. https://www.defensenews.com/breaking-news/2018/09/17/air-force-finds-new-kc-46-deficiencies-putting-planned-delivery-date-in-jeopardy