Kratos Receives $3.2 Million in Unmanned Aerial Drone and Other System Orders

SAN DIEGO, Jan. 03, 2018 -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that it has recently received approximately $3.2 million in unmanned aerial drone and other system product orders. Kratos Modular Systems Division (MSD), which is a leading provider of specialized systems and products for unmanned aerial drone, ballistic missile defense, missile, radar, surface combatant, intelligence, surveillance, reconnaissance (ISR) and chemical, biological, radiation and high explosive (CBRNE) protective systems will be performing the work under these recent contract awards. Work will be performed at secure Kratos production facilities. Due to customer, competitive and other considerations, no additional information will be provided related to these contract awards.
Tom Mills, President of Kratos Modular Systems Division, said, "MSD is focused on the United States and its Allies' National Security, and we are proud to have been chosen by these customers in support of their missions. Certain of our business strategic focus areas include unmanned aerial drone and ballistic missile defense programs and systems, and we expect continued growth in these areas in the future."
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops transformative, affordable technology for the Department of Defense and commercial customers. Kratos is changing the way breakthrough technology for these industries are brought to market through proactive research and a streamlined development process. Kratos specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, training and combat systems. For more information go to www.kratosdefense.com.