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  April 22, 2020 | International, Naval

  Kratos Wins Place on U.S. Navy Unmanned Surface Vehicle Family of Systems in $982.1 Million IDIQ Multiple Award Contract

  San Diego, April 16, 2020 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that its Kratos Unmanned Systems Division (KUSD) has been selected, and will participate in the Indefinite-Delivery Indefinite Quantity - Multiple Award Contract (IDIQ-MAC) to support the U.S. Naval Sea Systems Command Unmanned Surface Vehicle (USV) Family of Systems (FoS). The USV FoS includes platforms and systems that comprise the U.S. Navy's future unmanned surface fleet. With a contract ceiling for all orders under this IDIQ-MAC of $982.1 million, the government intends to support, maintain and modernize USV systems and subsystems to meet current and future operational requirements for Unmanned Maritime Systems under Program Executive Office Unmanned and Small Combatants. Under the contract KUSD is eligible to compete for individual tasks and/or delivery orders. The USV FoS IDIQ-MAC base contracting vehicle has an initial ordering period of 60 months after date of contract award. If options are exercised the base contracting vehicle will extend to an ordering period of 120 months. Steve Fendley, President of Kratos Unmanned Systems Division, said, “Kratos Unmanned is excited to extend its unparalleled experience in fielding unmanned systems for air, land, and sea applications further into the unmanned surface vessel domain. KUSD has a unique combination of expertise in the design, engineering, integration, and manufacturing of affordable unmanned system components, which will bring innovative, responsive, and best-value solutions to FoS customers.” Kratos Unmanned Systems Division is a leading provider of high performance unmanned aerial drone and target systems for threat representative target missions to exercise weapon, radar, and other systems; and tactical aerial drone systems for strike/ISR and force multiplication missions. About Kratos Defense & Security Solutions 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, combat systems and next generation turbo jet 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 GlobeNewswire: http://www.globenewswire.com/news-release/2020/04/16/2017266/0/en/Kratos-Wins-Place-on-U-S-Navy-Unmanned-Surface-Vehicle-Family-of-Systems-in-982-1-Million-IDIQ-Multiple-Award-Contract.html

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  October 21, 2018 | International, Aerospace

  Swiss, French procurement chiefs meet amid high-stakes ‘Air 2030’ race

  By: Sebastian Sprenger COLOGNE, Germany — French procurement chief Joël Barre met with his Swiss counterpart Martin Sonderegger this week for bilateral talks on a multibillion-dollar Swiss air-defense program and other defense topics. The Oct. 15 gathering in Switzerland was the first high-level meeting between the two procurement organizations since Barre took office in August 2017. It follows France's recent acquisition of an initial batch of PC-21 trainer aircraft, made by Swiss manufacturer Pilatus Flugzeugwerke. The visit comes as French companies Dassault and MBDA each await the fate of their offerings in the upcoming Swiss “Air 2030” program, valued at more than $8 billion. The effort amounts to a complete revamping of the neutral country's air-defense and air-policing capabilities, with roughly $6 billion envisioned for a new fleet of fighter aircraft and $2 billion for ground-based defenses. The Swiss government over the summer invited bids from Dassault for its Rafale jets, and from MBDA and its parent joint venture Eurosam for the SAMP/T air-defense weapon. Also in the running for the aircraft portion are Airbus and its Eurofigher Typhoon, Saab and its Gripen E, Boeing with its F/A-18 Super Hornet, and Lockheed Martin with its F-35A. Vendors were asked to submit pricing options for a fleet of 30 or 40 aircraft. In the ground segment, MBDA's competitors include Raytheon's Patriot system and Rafael's David's Sling. A spokesman for Armasuisse, Switzerland's defense procurement arm, told Defense News that similar bilateral meetings would be held with other governments whose companies have a stake in the Air 2030 program. “We talk to all governments,” said the spokesman. Meanwhile, the “competitive dialogue” phase of the program is in progress, which means the Swiss government engages in the complicated game of answering contractors' questions about programmatic details – some individually, some directed at the whole group. Companies are expected to deliver their offers by February. Asked what types of questions the procurement chiefs discussed this week, the Armasuisse spokesman said, “Of course there were questions, but we don't make those types of conversations public.” Swiss government officials are in the midst of sifting through feedback from political parties, trade unions, and regional governments on the best path toward making Air 2030 a reality. The key question for proponents is how to convince the population, under the rules of Switzerland's famous direct democracy, that the bulk sum of more than $8 billion is worth spending while leaving the decisions on hardware types to the government. https://www.defensenews.com/global/europe/2018/10/17/swiss-french-procurement-chiefs-meet-amid-high-stakes-air-2030-race

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  April 9, 2024 | International, Land

  How Patriot proved itself in Ukraine and secured a fresh future

  What might have looked like an aging system not long ago now appears to be a workhorse that could be used for years to come.