William Hoglund Named Chairman of the Board of Kratos Defense & Security Solutions
SAN DIEGO, Jun 23, 2009 (GlobeNewswire via COMTEX News Network) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading national security, information technology and public safety solutions provider, today announced that Mr. William Hoglund has been appointed Chairman of the Board.
Hoglund has been a Director of Kratos since February 2001. He is also currently a member and manager of Safe Boats International, LLC, an industry leader that specializes in platforms used in a wide variety of applications including military and law enforcement.
From 1996 to 2000, Mr. Hoglund served as the Vice President and Chief Financial Officer of Eagle River, LLC, a private investment company. During his tenure at Eagle River, Mr. Hoglund was also a director of Nextel Communications, Inc. and Nextlink Communications, Inc. Mr. Hoglund holds a B.A. in Management Science and German Literature from Duke University and an MBA from the University of Chicago.
Eric DeMarco, President and Chief Executive Officer of Kratos, said, "Kratos is very fortunate to have Mr. Hoglund's expertise and leadership. In his eight years on the Board, he has played a critical role in both guiding the Company through some challenging issues, and in developing a strategic plan which has enabled Kratos to become one of the fastest growing mid-tier defense and security solutions providers. I am very pleased that Mr. Hoglund has accepted the Chairman role, and I look forward to working with him as we continue to execute on our strategic plan."
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) provides mission critical engineering, IT services and war fighter solutions for the U.S. federal government and for state and local agencies. Principal services include C4ISR, weapon systems sustainment, military weapon range operations and technical services, network engineering services, information assurance and cybersecurity solutions, security and surveillance systems, and critical infrastructure design and integration. The Company is headquartered in San Diego, California, with resources located throughout the U.S. and at key strategic military locations. News and information are available at www.KratosDefense.com.
The Kratos Defense & Security Solutions, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3519
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Kratos Defense & Security Solutions, Inc.
Kratos Defense & Security Solutions Press Contact: Rob Babbush 858-812-7309 Investor Information: 877-934-4687 investor@kratosdefense.com
(C) Copyright 2009 GlobeNewswire, Inc. All rights reserved.
News Provided by COMTEX