Kratos Defense and Security Solutions, Inc.
SAN DIEGO, March 17, 2023 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a technology company serving defense, national security and global markets and an industry leader in high-performance jet-powered unmanned aerial systems , announced today that it is further expanding its UK-based capabilities with the recruitment of experienced engineering and program/project management staff with years of experience in jet UAS/drone systems.
Stacey Rock, President of Kratos’ Turbine Technology Division, said: “This strategic and tactical decision and action that we have taken helps position Kratos as part of important unmanned aerial systems programs here in the UK and abroad. We are excited to expand and strengthen our engineering and program teams in this fast-growing global defense-focused space. Joining us and the team are two seasoned Defense professionals who together have over 50 years of successful experience delivering complex unmanned systems programs and an unparalleled understanding of UAV design and deployment.”
About Kratos Defense and Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) is a technology company that develops and brings to market transformative, affordable national security systems, products and solutions for the United States, our allies and global commercial enterprises. At Kratos, affordability is a technology, and Kratos is changing the way game-changing technologies are brought to market quickly – at low cost – with actual products, systems and technology rather than slide decks or renders. Through proven commercial and venture capital-backed approaches, including proactive, internally funded research and streamlined development processes, Kratos is focused on getting its solutions first to market, well ahead of the competition. Kratos is the recognized technological disruptor in our core market areas, including space and satellite communications, cybersecurity and warfare, unmanned systems, missile and hypersonic systems, next-generation jet engines and propulsion systems, microwave electronics, C5ISR, and virtual and augmented reality training systems. Visit www.KratosDefense.com for more information.
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Cautionary Note 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 based on the current beliefs, expectations and assumptions of Kratos management and are subject to significant risks and uncertainties. Investors are cautioned not to place undue reliance on such forward-looking statements. All of these forward-looking statements speak only as of the date on which they are made, and Kratos undertakes no obligation to update or revise any of 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 could cause actual results to differ materially from those expressed or implied by these forward-looking statements. For more information about risks and uncertainties that could cause actual results to differ from those projected in these forward-looking statements, and risks associated with Kratos’ business generally, please refer to the Risk Disclosures in the Annual Report on Form 10 -K of Kratos for the year ended December 25, 2022 and in subsequent reports on Forms 10-Q and 8-K and other filings by Kratos with the SEC.