Kratos Announces Gold Sponsorship of the Reagan National Defense Forum
SAN DIEGO, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a technology company in Defense, National Security and Global Markets, is proud to announce its participation as a Gold Sponsor of the upcoming Reagan National Defense Forum (RNDF). This prestigious event, held at the Ronald Reagan Presidential Library in Simi Valley, California, brings together national security leaders, policymakers, industry executives, and military officials to discuss the pressing challenges and opportunities facing our nation’s defense.
As a Gold Sponsor, Kratos is reinforcing its commitment to advancing innovative technologies that support the warfighter and address critical national security priorities. The company’s leadership will join the dialogue on key topics, including the modernization of defense systems, affordability in defense solutions, and the integration of cutting-edge technologies like unmanned systems, hypersonics, and space systems.
“Kratos is honored to support the Reagan National Defense Forum as a Gold Sponsor,” said Eric DeMarco, President & CEO of Kratos Defense & Security Solutions. “This event provides an unparalleled platform for meaningful discussions about the future of national security, and we are proud to contribute our perspective on how affordable, mission-critical solutions can empower our warfighters and enhance our nation’s defense capabilities.”
The Reagan National Defense Forum is recognized as a premier gathering for fostering collaboration among defense stakeholders to shape the future of U.S. security. Kratos’ participation underscores its dedication to delivering innovative and cost-effective solutions that meet the evolving needs of the Department of Defense and its partners at the speed of relevance.
For more information about Kratos Defense & Security Solutions and its commitment to national security, visit www.kratosdefense.com.
About Kratos Defense & Security
Solutions
Kratos Defense & Security Solutions,
Inc. (NASDAQ: KTOS) is a technology, products, system and software company
addressing the defense, national security, and commercial markets. Kratos
makes true internally funded research, development, capital and other
investments, to rapidly develop, produce and field solutions that address
our customers’ mission critical needs and requirements. At Kratos,
affordability is a technology, and we seek to utilize proven, leading-edge
approaches and technology, not unproven bleeding edge approaches or
technology, with Kratos’ approach designed to reduce cost, schedule and
risk, enabling us to be first to market with cost effective solutions. We
believe that Kratos is known as an innovative disruptive change agent in
the industry, a company that is an expert in designing products and systems
up front for successful rapid, large quantity, low-cost future
manufacturing which is a value-add competitive differentiator for our large
traditional prime system integrator partners and also to our government and
commercial customers. Kratos intends to pursue program and contract
opportunities as the prime or lead contractor when we believe that our
probability of win (PWin) is high and any investment required by Kratos is
within our capital resource comfort level. We intend to partner and team
with a large, traditional system integrator when our assessment of PWin is
greater or required investment is beyond Kratos’ comfort level. Kratos’
primary business areas include virtualized ground systems for satellites
and space vehicles including software for command & control (C2) and
telemetry, tracking and control (TT&C), jet powered unmanned aerial
drone systems, hypersonic vehicles and rocket systems, propulsion systems
for drones, missiles, loitering munitions, supersonic systems, space craft
and launch systems, C5ISR and microwave electronic products for missile,
radar, missile defense, space, satellite, counter UAS, directed energy,
communication and other systems, and virtual & augmented reality
training systems for the warfighter. For more information, visit 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 31, 2023, and in
subsequent reports on Forms 10-Q and 8-K and other filings made with the
SEC by Kratos.
Press Contact:
Claire Burghoff
claire.burghoff@kratosdefense.com
Investor Information:
877-934-4687
investor@kratosdefense.com
