SAN DIEGO, April 13, 2012 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that Marion Van Fosson has joined the company to lead its CVG-Avtec subsidiary. Mr. Van Fosson has had a distinguished career as an executive in the satellite industry and as a U.S. Army officer.
"Marion is a proven leader who will help CVG-Avtec reach the next level of growth," said John Monahan, Senior Vice President of Satellite Products at Kratos. "In each of his executive roles to date he has assembled, inspired and led teams to achieve increasingly greater heights of business success and technical excellence."
As Vice President and General Manager, Mr. Van Fosson will be responsible for managing all aspects of CVG-Avtec's operations. Based in Chantilly, Virginia, CVG-Avtec provides fixed and tactically deployable solutions that support both the uplink and downlink sides of satellite communications. CVG-Avtec's products include a diverse array of tactical baseband terminals, antennas, satellite modems, telemetry equipment and components such as BUCs and SSPAs. Services include bandwidth provisioning, installation and network operations support, and customized engineering solutions.
Before joining Kratos, Mr. Van Fosson was Vice President and General Manager of EMS Defense & Space, a developer of highly engineered microwave systems for commercial and military communications, surveillance and electronic countermeasures. Prior to that role he served as Vice President and General Manager of the Military Vehicle Systems business unit of BAE Systems, and before that as President of Litton Electro-Optical Systems.
Mr. Van Fosson served 22 years in the United States Army, retiring as a Colonel. During his military career, he was program manager for Future Combat Systems for the U.S. Army and the Defense Advanced Research Program Agency. He holds a Master of Science in Physics from Carnegie Mellon University and was a former researcher and faculty member in the Department of Physics at the United States Military Academy at West Point.
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a specialized National Security technology business providing mission critical products, services and solutions for United States National Security priorities. Kratos' core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs. Kratos' areas of expertise include Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance (C5ISR), satellite communication systems, unmanned systems, cyber warfare, cyber security, information assurance, critical infrastructure security and weapons systems sustainment. Kratos has primarily an engineering and technical oriented work force of approximately 4,000, many
of whom hold an active National Security clearance, including Secret, Top Secret and higher. The vast majority of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos' primary end customers are United States Federal Government agencies, including the Department of Defense, classified agencies, intelligence agencies and Homeland Security related agencies. News and information are available at www.KratosDefense.com.
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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, including risks related to general economic conditions and cutbacks in government spending. 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. 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, 2011, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.
CONTACT: Press Contact:
Yolanda White
858-812-7302 Direct
Investor Information:
877-934-4687
investor@kratosdefense.com
Source:
Kratos Defense & Security Solutions, Inc.
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