Kratos Receives $31.8 Million Sole Source Unmanned Aerial Target Drone Contract Award from United States Air Force
The contract will be performed by the Kratos Unmanned Systems Division, comprised of
- KUAS, located in
Sacramento, CA, will lead the effort and provide high performance aerial target drones and technical support.
- MSI, located in Ft. Walton Beach, FL, will supply the majority of the high performance avionics utilized on the target drone to include critical command / control and flight computer systems.
Kratos target drone systems are used by U.S. and allied militaries around the globe as high fidelity enemy threat surrogates, simulating performance characteristics of certain threat aircraft and missiles, for weapons testing, development, and training requirements. Kratos is a leading provider of high performance unmanned aerial drone and target systems, unmanned aerial, ground and sea platforms, command, control, avionics control, and termination systems.
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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
Source: Kratos Defense & Security Solutions, Inc.