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Kratos Supports High Energy Laser Demonstrator Integration

SAN DIEGO, Sept. 08, 2017 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that its subsidiary Digital Fusion Solutions, Inc., as a member of the joint venture QWK Integrated Solutions, LLC (QWK), was awarded a base period task order under QWK’s U.S. Army Space and Missile Defense Command/Army Forces Strategic Command (USASMDC/ARSTRAT) Design, Development, Demonstration and Integration Contract (D3I) Prime Contract to assist SMDC with the design of a High Energy Laser Tactical Vehicle Demonstrator (HEL TVD) System. The overall HEL TVD task order consists of four phases that will result in a prototype HEL weapon system for the Army. The current award is for the base period of the task order, with the expectation that the Army will exercise the subsequent three options at a later date. Kratos support includes task order management, system integration and platform systems support in Huntsville, AL.  Digital Fusion Solutions, Inc. is a subsidiary of Kratos’ Defense & Rocket Support Services (DRSS) Division.  DRSS provides products, solutions and services for critical United States National Security Programs including ballistic missile defense, hypersonics, electromagnetic railgun, directed energy and lasers and various combat systems. 

Dave Carter, President of Kratos' DRSS Division, said, "We are very excited with this win because it enables us to expand our technical expertise in high energy lasers while continuing to work closely with our long-time valued customer, U.S. Army SMDC."

About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops transformative, affordable technology for the Department of Defense and commercial customers. Kratos is changing the way breakthrough technology for these industries is brought to market through proactive research and a streamlined development process. Kratos specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, training and combat systems. 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 25, 2016, 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

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