Kratos Receives $4.5 Million Critical Infrastructure Security Contract Award
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its Public Safety & Security (PSS) Division recently received an initial $4.5 million contract award for the deployment of specialized security and surveillance related products, equipment, and system integration services across a large public school district located in the eastern United States.
Kratos’ PSS business designs, engineers, deploys and integrates into command and control infrastructure sophisticated security and surveillance systems that protect certain of our country’s most important strategic assets, critical infrastructure and public venues. Additional follow-on orders are anticipated over the next 30 days that if awarded would bring the total contract value to approximately $10 million. Due to customer specific and other considerations, no additional information will be provided related to this contract award.
Ben Goodwin, President of Kratos’ PSS Division, said, “We are very pleased to have been selected for another key award in our educational vertical market, which continues to be one of the strongest areas for our business. Continuing to support our nation’s school systems is extremely important to our entire organization, and we appreciate the confidence our customers have expressed in our capabilities to support their security requirements.”
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a specialized National Security technology Company providing mission critical products, services and solutions for United States National Security. 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, electronic warfare, unmanned systems, missile defense, cyber warfare, cybersecurity, information assurance, and critical infrastructure security. Kratos has primarily an engineering and technically oriented work force of approximately 3,800. 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 National Security related agencies. News and information are available at www.KratosDefense.com.
