Kratos Selected by Northrop Grumman to Support U.S. Air Force Ground Based Strategic Deterrent (GBSD) Program
February 26 2020 - 8:00AM
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a
leading National Security Solutions provider, announced today that
its Command, Control, Communications, Computing, Combat &
Intelligence, Surveillance and Reconnaissance (C5ISR) Division has
been selected by Northrop Grumman to support the U.S. Air Force’s
Ground Based Strategic Deterrent (GBSD) program. For the program,
Kratos will provide vehicle transporters, including highly complex
missile transporters and payload transporters, and will play a key
role in supporting the U.S. Air Force’s efforts to replace the
legacy Minuteman III intercontinental ballistic missile (ICBM)
weapon system.
GBSD is a vital U.S. Air Force program designed
to modernize our nation’s aging ICBM force, the land-leg of the
nuclear triad. Kratos joins Northrop Grumman’s nationwide team of
GBSD suppliers to provide engineering services and manufacturing of
specialized ground support equipment and related subsystems.
Tom Mills, President of Kratos C5ISR
Division, said, "We are extremely proud to have been
selected by Northrop Grumman to support the critical GBSD program.
Kratos’ efforts will help preserve strategic deterrence against our
adversaries by modernizing aging ICBM infrastructure. GBSD will
remain a vital part of our national security for many decades.”
Eric DeMarco, President & CEO of
Kratos, said, “All of Kratos is proud to work with
Northrop Grumman, one of our Nation’s and industrial base’s most
important providers of solutions for the security of the United
States. This opportunity, which our entire organization will focus
on and support, is expected to be one of Kratos’ most significant
future programs.”
Kratos C5ISR Division is a leading provider of
products, hardware, systems and subsystems in support of unmanned
aerial vehicle, high powered directed energy, missiles, missile
defense, radar, surface combatant and other combat and weapon
systems and programs. Work under this recent contract award will be
performed in secure Kratos production facilities.
About Kratos Defense & Security
Solutions, Inc.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 and
combat systems, and next-generation turbojet and turbo-fan engine
development. For more information go
to www.KratosDefense.com.
Notice Regarding Forward-Looking
StatementsCertain 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
White858-812-7302 Direct Investor
Information:877-934-4687investor@kratosdefense.com
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