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Jan 30, 2018

Kratos' Colorado Springs Satellite Facility Hosts U.S. Rep Doug Lamborn Town Hall Event

SAN DIEGO, Jan. 30, 2018 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that U.S. Rep. Doug Lamborn (CO-05) toured and hosted a town hall event at the company's campus here on January 24. Kratos' Colorado facilities specialize in advanced engineering, research and development of technologies that support satellite communications, UAVs, missile defense and related applications.

"Kratos' work in Colorado is critical to our commercial and defense work in space, an area that is coming to the forefront as countries vie for the increasingly valuable role that satellites play," said Lamborn. "The Kratos facility here in Colorado Springs is an important national asset and a pillar of our Colorado economy."

The facility tour included Kratos' RF Monitoring Network Operations Center (NOC), an advanced facility that serves as the nerve center for the company's global network of ground stations and sensors. This network, the only commercially available of its kind, monitors satellite and other RF signals to provide better Space Situational Awareness (SSA) and interference mitigation for government and commercial satellite operators.

Kratos products and services, including those from its Colorado-based Kratos RT Logic subsidiary, support more than 90 percent of U.S. space missions and are used by approximately 75 percent of commercial satellite operators worldwide. Kratos supplies command and control, ground systems and signal processing, protection and monitoring solutions to clients in those markets.

Last August, Kratos announced a significant expansion of its Colorado Springs campus on a 10-acre parcel to support the growing demand for satellite communications and control solutions. The larger facilities will include technology and capacity improvements to the company's NOC, to support SSA customers.

At the town hall event with Kratos employees, Lamborn discussed issues around the defense budget, Congress' vision for the U.S. presence in space, and being prepared for a future contested space environment.

"Kratos helps assure the growing global dependency on satellites for communications, navigation and timing, remote sensing, weather, and other space-based services," said Phil Carrai, President of Kratos' Technology & Training Division. "In addition, Kratos' technology makes it possible for the military to detect the launch of missiles, defend space assets, and assure missions that employ unmanned aerial vehicles."

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 are 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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Source: Kratos Defense & Security Solutions, Inc.

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