Kratos Congratulates Stuart Daughtridge for His Nomination as Via Satellite’s 2023 Satellite Executive of the Year
February 28 2024 - 8:00AM
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a
technology company in Defense, National Security and Global
Markets, is pleased to congratulate Stuart Daughtridge, Kratos VP
of Advanced Technology, on being named a finalist for Via
Satellite’s 2023 Satellite Executive of the Year Award. Nominees
are chosen based on their contributions to the global satellite
markets, technologies, business practices, services, innovations,
advocacy or any combination thereof.
Stuart is recognized for his role as Chairman
and Director of the Digital Intermediate Frequency Interoperability
Consortium (DIFI), an independent group dedicated to supporting
interoperability in space communications. Stuart has led DIFI since
its creation in 2021, guiding efforts that have already
significantly impacted the industry. DIFI’s mission is to enable
the digital transformation of space and satellite communications,
including the development of an open, interoperable standard for
network equipment. DIFI recently released version 1.2 of the DIFI
Standard and counts over 60 member organizations, including
well-known satellite companies as well as military and government
organizations.
“Kratos is pleased that the industry has
recognized Stuart for his leadership in advancing interoperability
for the ground segment. As one of the founding members of DIFI,
Kratos has already noticed a shift in the industry towards a more
dynamic ground segment and will keep supporting the group’s
efforts,” said Phil Carrai, President of Kratos’ Space, Training
and Cybersecurity Division.
The winner of the 2023 Satellite Executive of
the Year is determined by a combination of the Via Satellite
editorial team and votes that come directly from industry. The
public can vote for Stuart Daughtridge online. Voting closes at
noon ET on March 19. The winner will be announced at SATELLITE 2024
on Wednesday, March 20 at the Via Satellite Awards Luncheon.
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.Press
Contact:Yolanda White858-812-7302 Direct
Investor
Information:877-934-4687investor@kratosdefense.com
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