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Apr 16, 2018

Kratos Receives Gold Supplier Award from BAE Systems

SAN DIEGO, April 16, 2018 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its Microwave Electronics Division (KMED) was recently acknowledged for its outstanding performance as a supplier to BAE Systems.

“BAE Systems is one of the leading international defense contractors, and an important partner for Kratos,” said Yonah Adelman, President of KMED and General Manager of Kratos’ General Microwave Israel. “Being recognized by BAE Systems as a top supplier is both an honor and a testament to the high caliber of Kratos’ staff, who are among the best in the world at what they do.”    

On March 6, 2018, BAE Electronic Systems division hosted its first Partner 2 Win Supplier Symposium to recognize suppliers who have provided outstanding service and partnership in exceeding customer requirements.  During the symposium, KMED (via its General Microwave Israel (1987) Ltd. facility) was one of 37 suppliers to receive a Gold Supplier Award for achieving 100 percent quality performance and 100 percent on-time delivery. 

KMED supports missile, radar, electronic warfare, intelligence, surveillance and reconnaissance, communication and other systems. Kratos owns important intellectual property that supports these technologies.

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 31, 2017 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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