Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a
Technology Company in Defense, National Security and Global
Markets is proud to announce the Company will be a Visionary
Sponsor of Creative Disruptors in the Desert, The Creative Defense
Foundation’s inaugural conference to be hosted in La Quinta, CA,
from February 23-24, 2024. Creative Disruptors in the Desert will
bring together National Security leaders, U.S. entrepreneurs and
intrapreneurs, and innovative technology companies like Kratos to
address the institutional, cultural, policy, and legal barriers
impeding innovators from bringing their technologies, speed,
agility, and cost effectiveness to U.S. National Security.
Creative Disruptors in the Desert is a
conference for intrapreneurial and entrepreneurial industry and
government leaders who recognize that a dramatic transformation is
needed to secure U.S. National Security competitiveness, which
perfectly aligns with Kratos’ mission. Kratos has sponsored
Creative Disruptors in the Desert at the highest available level to
promote critical conversations between government and industry
about leading-edge technical solutions to support our national
defense.
Kratos ErinyesA photo accompanying this
announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/cd2bba09-f66e-4845-854b-4c974d103ef2
“Kratos is the established, trusted, proven,
affordable disruptor,” said Eric DeMarco, President and CEO
of Kratos. “As a technology company in the defense and
national security industry, Kratos has approached innovation and
product development with a venture mindset and first-to-market
approach and rather than wait on development contracts, Kratos
invests our own funding into designing actual products and systems
up front for successful rapid, large quantity, low-cost future
manufacturing. We’re proud to be known as an innovative disruptive
change agent in the industry, a competitive differentiator to our
large traditional prime system integrator partners and government
and commercial customers.”
Kratos XQ-58A ValkyrieA photo accompanying this
announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/53a38a96-ae67-42c7-887c-1404fa637b2f
Kratos 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 design,
develop, produce, and field solutions that address our customers’
mission critical needs and requirements. At Kratos, affordability
is a technology, and we utilize proven, leading-edge approaches and
technology versus unproven bleeding edge approaches or technology,
with Kratos’ approach reducing cost, schedule and risk, and
enabling us to be first to market with cost effective
solutions.
For more information about the conference,
visit Creative Disruptors in the Desert Conference | Creative
Defense.
About the Creative Defense
FoundationThe Creative Defense Foundation is a
nonpartisan, nonprofit organization dedicated to providing a forum
for education and discussion regarding the importance of harnessing
entrepreneurial and intrapreneurial innovation for our common
defense.
About Kratos Defense & Security
SolutionsKratos 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
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
31, 2023, and in subsequent reports on Forms 10-Q and 8-K and other
filings made with the SEC by Kratos.
Kratos Press Contact:Yolanda White858-812-7302
Direct
Kratos Investor
Information:877-934-4687investor@kratosdefense.com
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