EDGE Secures Lion’s Share Of UAE Defense Spending At Dubai

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  29 juillet 2020 | International, Aérospatial

  Kratos Awarded $400 Million Five-Year IDIQ Contract for U.S. Air Force Skyborg Development

  San Diego, July 24, 2020 (GLOBE NEWSWIRE) - Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that Kratos Unmanned Systems Division has been awarded a five-year indefinite delivery, indefinite quantity (IDIQ) contract valued at up to $400 million for the development, integration, and prototype air vehicle delivery in support of the U.S. Air Force's Skyborg program. Work under the program award will be performed at secure Kratos manufacturing and production facilities located in Oklahoma and California over the next 60 months. Steve Fendley, President of Kratos Unmanned Systems Division, said, “Skyborg is a critical U.S. Air Force Vanguard program that will ensure the United States maintains our technological dominance in a period of significant nation-state competition and our readiness for the future of aircraft-based warfare. Kratos has been and remains committed to advancing affordable unmanned technologies, and we are proud to be a Skyborg prime contractor, helping enable the DoD to significantly increase mass and effect at dramatically reduced cost compared to traditional aircraft programs.” Eric DeMarco, President and CEO of Kratos Defense, said, “Kratos operates at the nexus of advanced jet drones, space and satellite communications, microwave electronics, next generation jet engines, missile defense, and hypersonic vehicles. At Kratos, affordability is a technology, and we are executing on our plan to be a disruptive leader providing affordable systems to our DoD and National Security partners and customer base which we work extremely closely with. We believe that this plan is completely complimentary to the Skyborg mission, and we look forward to supporting the Skyborg program for the USAF.” 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 Kratos Defense & Security Solutions, Inc.: https://ir.kratosdefense.com/news-releases/news-release-details/kratos-awarded-400-million-five-year-idiq-contract-us-air-force

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  21 mars 2023 | International, Autre défense

  NATO chief urges members to boost defence spending as only 7 hit target

  NATO chief Jens Stoltenberg urged member countries to speed up increases in defence spending as new figures showed fewer than a quarter of them meeting the alliance's target.

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  26 septembre 2018 | International, Aérospatial, Naval, Terrestre, C4ISR, Sécurité

  Top EU security chief emphasizes ‘shared self-interest’ in defense cooperation after Brexit

  By: Martin Banks BRUSSELS — The European Union security chief Julian King has called for the “closest possible cooperation” on defense and security issues after the U.K. leaves the 28-member bloc. “On some issues there will be winners and losers, but there is a mutual, shared self-interest when it comes to security and defense,” King said. Despite the failure of last week's EU summit in Salzburg, Austria, to back British Prime Minister Theresa May's latest Brexit proposals, King remains “optimistic” the U.K. and EU could continue to work together on security and defense. Some have questioned the effectiveness of European defense and security after the departure of the U.K. Britain is the second-largest net contributor to the EU, and its exit will result in an income shortfall of about €84 billion (U.S. $99 billion) for the EU's next spending period from 2020. Another problem, according to U.S. President Donald Trump, is the continued “unwillingness of some member states to contribute more” to NATO. Speaking at a security debate in Brussels, King highlighted cyber and the ongoing threat from terrorism as key areas where the two sides must cooperate post Brexit, which will occur at the end of March 2019. “Of course, there are still a few things still to resolve between now and March, and the economic side will be tough. But we need the closest possible cooperation in tackling the security challenges we both face, and I am optimistic we can do this,” he said. “Those people who are trying to harm us do not make a distinction between member states. We are facing shared threats, which are best tackled if we act together. This is true today, and it will be true after March 2019. It is this shared self-interest that I believe will drive cooperation on the security side,” he added. There was “no dispute” on the need to support member states in the security and defense field, according to King, but rather the challenge is finding ways to strengthen such collaboration. He praised recent EU investment in new security and defense initiatives, such as the Permanent Structured Cooperation and the Coordinated Annual Review on Defence, which, he pointed out, involve “tens of billions of euros.” While the EU was “doing OK” in tackling the twin threats posed by cyberwarfare and terrorism, he conceded that there is “an enormous amount still to do.” One example, he said, involves addressing artificial intelligence. This could be a force for both good and bad, he suggested, but the EU has been “slow” in responding to the challenges posed by AI. King's comments were echoed by Jaap de Hoop Scheffer, NATO secretary general from 2004-2009, who said he also hopes that, post Brexit, the EU and U.K. will enjoy the “closest possible cooperation” on defense and security issues. “Yes, we all want the EU to take more responsibility in the defense sphere, but you have to ask: ‘What is European defense without the U.K.?' ” Both were speaking during “A Brave New World,” a debate organized by Friends of Europe, a leading Brussels-based think tank. Elsewhere, a leading U.K.-based academic warned that the “Salzburg impasse” puts EU-U.K. security cooperation at risk. Last week's summit of EU leaders in Salzburg ended acrimoniously with the EU saying May's trade proposals “would not work.” This has led May to demand “more respect” from the EU side. Dimitrios Giannoulopoulos, a professor at the University of London, said that “reaching a new security agreement independently of the main Brexit negotiations will be easier said than done.” “The threat of a ‘no deal' Brexit would seriously disrupt U.K. and EU capabilities in the fight against terrorism and organized crime, at a time when the EU is committed to stepping up its efforts to improve judicial and police cooperation in Europe," he said. Speaking separately, Gordon Sondland, the new U.S. ambassador to the EU, has pledged to work with the EU “honestly and constructively to address the global security threats that seek to destroy our shared history, values and culture.” “Whether defeating the Islamic State, countering North Korea's belligerency or ensuring energy supplies will never be used for political coercion, we will stand together," the diplomat said. "There are a wealth of issues we can tackle together. From malign Russian activity (ranging from disinformation campaigns to invasion and occupation of sovereign nations), to data privacy, to Iran — yes, even Iran — we work best when we work in tandem.” https://www.defensenews.com/global/europe/2018/09/25/top-eu-security-chief-emphasizes-shared-self-interest-in-defense-cooperation-after-brexit