Kratos High Performance Unmanned Aerial Jet Target Drone Systems Headline War Games Exercise with Swedish FMV and German Navy
SAN DIEGO, Calif., June 24, 2019 (GLOBE NEWSWIRE) --
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading
National Security Solutions provider, announced today that its Unmanned
Systems Division successfully completed Swedish Defence Materiel
Administration’s (FMV) missile firing exercise with the German Navy. The
exercises, hosted by FMV, utilized the Kratos MQM-178 Firejet and BQM-167i
aerial target aircraft and support services.
During this live-fire exercise in the open water outside of Härnösand, Sweden, 19 Kratos target flights were completed in both high and low altitude patterns allowing the German Navy to run attack scenarios to test multiple weapon systems. Several missions were operated in dual flight configuration, having two target drones flying in patterns and formations to simulate certain ship-defeating threats.
Kratos Unmanned Systems is an industry innovator and leading provider of affordable, high performance jet powered unmanned aerial drone systems for tactical missions and target applications.
Steve Fendley, Unmanned Systems Division President of Kratos, said, “We’re honored and excited to be a key part of this important exercise with our allied warfighters around the world. The outstanding multi-year relationship we continue to share with our valued customer and partner, the Swedish FMV, is key to our opportunity and success in both preparation and conduct of critical large-scale 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 30, 2018, 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