STOCK TITAN

Kratos Turbine Technologies Division Welcomes Congressman Brian Mast to the KTT Facility in Jupiter

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS) recently hosted U.S. Representative Brian Mast at their Kratos Turbine Technologies (KTT) facility in Jupiter, Florida. The visit showcased KTT's expertise in propulsion, highlighting their fastest-growing division within Kratos. KTT's organic business growth is driven by strong demand for their products and services, including defense engines, commercial engines, space turbopumps, hypersonic power generation systems, engine overhauls, and maintenance.

During the visit, Congressman Mast engaged with employees, observed the engine build process, design methods, manufacturing procedures, and engine testing. The congressman also discussed his initiatives focusing on national security, defense, local community issues, and economic policies. Stacey Rock, President of KTT, emphasized Mast's strong advocacy for KTT's work in developing affordable, high-performing engines for cruise missiles and unmanned aerial systems (UAS).

Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS) ha recentemente ospitato il Rappresentante degli Stati Uniti Brian Mast presso la loro struttura Kratos Turbine Technologies (KTT) a Jupiter, in Florida. La visita ha messo in evidenza l'esperienza di KTT nella propulsione, sottolineando la loro divisione in più rapida crescita all'interno di Kratos. La crescita organica di KTT è sostenuta da una forte domanda per i loro prodotti e servizi, tra cui motori per la difesa, motori commerciali, turbopompe spaziali, sistemi di generazione di energia ipersonica, riparazioni di motori e manutenzione.

Durante la visita, il Congressman Mast ha interagito con i dipendenti, osservato il processo di costruzione dei motori, i metodi di progettazione, le procedure di fabbricazione e i test sui motori. Il congressista ha anche discusso le sue iniziative incentrate su sicurezza nazionale, difesa, questioni della comunità locale e politiche economiche. Stacey Rock, Presidente di KTT, ha sottolineato il forte sostegno di Mast per il lavoro di KTT nello sviluppo di motori performanti ed economicamente accessibili per missili da crociera e sistemi aerei senza pilota (UAS).

Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS) recibió recientemente al Representante de EE. UU. Brian Mast en sus instalaciones de Kratos Turbine Technologies (KTT) en Jupiter, Florida. La visita mostró la experiencia de KTT en propulsión, destacando su división de más rápido crecimiento dentro de Kratos. El crecimiento orgánico de KTT se basa en una fuerte demanda de sus productos y servicios, incluidos motores de defensa, motores comerciales, turbobombas espaciales, sistemas de generación de energía hipersónica, revisiones de motores y mantenimiento.

Durante la visita, el congresista Mast interactuó con los empleados, observó el proceso de ensamblaje de motores, métodos de diseño, procedimientos de fabricación y pruebas de motores. El congresista también discutió sus iniciativas centradas en seguridad nacional, defensa, problemas comunitarios locales y políticas económicas. Stacey Rock, Presidenta de KTT, enfatizó el sólido apoyo de Mast al trabajo de KTT en el desarrollo de motores de alto rendimiento y asequibles para misiles de crucero y sistemas aéreos no tripulados (UAS).

Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS)는 최근 미국 하원 의원 브라이언 마스트를 플로리다 주 주피터에 있는 Kratos Turbine Technologies (KTT) 시설에 초청하였습니다. 이번 방문은 KTT의 추진 기술 전문성을 선보였으며, Kratos 내 가장 빠르게 성장하는 부서를 강조했습니다. KTT의 유기적 성장은 방산 엔진, 상업용 엔진, 우주 터보펌프, 극초음속 발전 시스템, 엔진 오버홀 및 유지보수에 대한 강한 수요에 의해 주도되고 있습니다.

방문 중 마스트 의원은 직원들과 소통하고, 엔진 조립 과정, 설계 방법, 제조 절차 및 엔진 테스트를 관찰했습니다. 의원은 또한 국가 안보, 방어, 지역 사회 문제 및 경제 정책에 중점을 두고 자신의 이니셔티브에 대해 논의했습니다. KTT의 사장인 스테이시 록은 KTT가 크루즈 미사일과 무인 항공 시스템(UAS)을 위한 저렴하고 고성능의 엔진 개발에 대한 마스트 의원의 강력한 지지를 강조했습니다.

Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS) a récemment accueilli le représentant américain Brian Mast dans ses installations de Kratos Turbine Technologies (KTT) à Jupiter, en Floride. La visite a mis en avant l'expertise de KTT en matière de propulsion, soulignant leur division à la croissance la plus rapide au sein de Kratos. La croissance organique de KTT est soutenue par une forte demande pour ses produits et services, notamment moteurs de défense, moteurs commerciaux, turbopompes spatiales, systèmes de génération d'énergie hypersonique, révisions de moteurs et maintenance.

Lors de la visite, le Congressman Mast a interagi avec les employés, observé le processus de construction des moteurs, les méthodes de conception, les procédures de fabrication et les tests des moteurs. Le congressiste a également discuté de ses initiatives axées sur la sécurité nationale, la défense, les problèmes de la communauté locale et les politiques économiques. Stacey Rock, président de KTT, a souligné le fort soutien de Mast pour le travail de KTT dans le développement de moteurs abordables et performants pour les missiles de croisière et les systèmes aériens sans pilote (UAS).

Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS) hat kürzlich den US-Abgeordneten Brian Mast in seiner Einrichtung Kratos Turbine Technologies (KTT) in Jupiter, Florida, empfangen. Der Besuch stellte KTTs Fachkenntnisse im Bereich Antriebstechnik heraus und hob ihre schnellst wachsende Abteilung innerhalb von Kratos hervor. Das organische Wachstum von KTT wird durch eine hohe Nachfrage nach ihren Produkten und Dienstleistungen vorangetrieben, dazu gehören Verteidigungsmotoren, kommerzielle Motoren, Raumfahrt-Turbopumpen, Hyperschall-Energieerzeugungssysteme, Motorenüberholungen und Wartung.

Während des Besuchs trat Congressman Mast mit den Mitarbeitern in Kontakt, beobachtete den Motorenbauprozess, die Entwurfsmethoden, die Fertigungsverfahren und die Motorentests. Der Kongressabgeordnete diskutierte auch seine Initiativen, die sich auf nationale Sicherheit, Verteidigung, lokale Gemeinschaftsprobleme und Wirtschaftspolitik konzentrierten. Stacey Rock, Präsidentin von KTT, betonte Masts starke Unterstützung für KTTs Arbeit bei der Entwicklung erschwinglicher, leistungsstarker Motoren für Marschflugkörper und unbemannte Flugzeuge (UAS).

Positive
  • KTT is one of the fastest growing divisions within Kratos
  • Strong demand for KTT products and services across multiple sectors
  • Congressman Mast's support for KTT's defense engine development work
Negative
  • None.

SAN DIEGO, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in Defense, National Security and Global Markets, recently welcomed U.S. Representative Brian Mast (FL-21) to Kratos Turbine Technologies in Jupiter, Florida, to showcase their expertise in propulsion. KTT is one of the fastest growing divisions within Kratos. The organic business growth is driven by a strong demand for KTT products and services including defense engines, commercial engines, space turbopumps, hypersonic power generation systems, engine overhauls, and engine maintenance.

From Left to Right: Kratos Turbine Technologies Division President Stacey Rock, Congressman Brian Mast, VP Business Development Chris Lykins, and SVP Florida Turbine Technologies Dean Johnson

From Left to Right: Kratos Turbine Technologies Division President Stacey Rock, Congressman Brian Mast, VP Business Development Chris Lykins, and SVP Florida Turbine Technologies Dean Johnson

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2ce52b29-18ab-481f-9b97-92e3e67c8685

Congressman Mast was able to engage the employees in their work environment. The Congressman saw the engine build process, the methods used to design engines, the processes to manufacture parts, and the procedures to test engines within the KTT facility. Additionally, Congressman Mast attended lunch with the employees and discussed his initiatives focused on benefitting the constituents of Florida’s 21st Congressional District, including national security, defense, local community issues, and economic policies, reflecting his commitment to both national and local concerns.

Stacey Rock, President of Kratos Turbine Technologies Division, said, “Congressman Mast has been a strong advocate for KTT’s work developing defense engines for cruise missiles and unmanned aerial systems (UAS). He understands the need for affordable and high performing engines for next generation weapons to defend our country and deter our adversaries. It was great for Congressman Mast to see the other major programs at KTT that are driving growth in our business and allowing KTT to create exciting new jobs in the 21st District.”

About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) is a technology, products, system and software company addressing the defense, national security, and commercial markets. Kratos makes true internally funded research, development, capital and other investments, to rapidly develop, produce and field solutions that address our customers’ mission critical needs and requirements. At Kratos, affordability is a technology, and we seek to utilize proven, leading-edge approaches and technology, not unproven bleeding edge approaches or technology, with Kratos’ approach designed to reduce cost, schedule and risk, enabling us to be first to market with cost effective solutions. We believe that Kratos is known as an innovative disruptive change agent in the industry, a company that is an expert in designing products and systems up front for successful rapid, large quantity, low-cost future manufacturing which is a value-add competitive differentiator for our large traditional prime system integrator partners and also to our government and commercial customers. Kratos intends to pursue program and contract opportunities as the prime or lead contractor when we believe that our probability of win (PWin) is high and any investment required by Kratos is within our capital resource comfort level. We intend to partner and team with a large, traditional system integrator when our assessment of PWin is greater or required investment is beyond Kratos’ comfort level. Kratos’ primary business areas include virtualized ground systems for satellites and space vehicles including software for command & control (C2) and telemetry, tracking and control (TT&C), jet powered unmanned aerial drone systems, hypersonic vehicles and rocket systems, propulsion systems for drones, missiles, loitering munitions, supersonic systems, space craft and launch systems, C5ISR and microwave electronic products for missile, radar, missile defense, space, satellite, counter UAS, directed energy, communication and other systems, and virtual & augmented reality training systems for the warfighter. For more information, visit www.KratosDefense.com.

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 December 31, 2023, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.

Press Contact:
Claire Burghoff
claire.burghoff@kratosdefense.com

Investor Information:
877-934-4687
investor@kratosdefense.com


FAQ

What products and services does Kratos Turbine Technologies (KTT) offer?

KTT offers defense engines, commercial engines, space turbopumps, hypersonic power generation systems, engine overhauls, and engine maintenance services.

Why did Congressman Brian Mast visit the KTOS facility in Jupiter, Florida?

Congressman Mast visited to showcase KTT's expertise in propulsion, observe their operations, and discuss initiatives related to national security, defense, and local community issues.

How is Kratos Turbine Technologies (KTT) performing within Kratos Defense & Security Solutions?

KTT is one of the fastest-growing divisions within Kratos, experiencing strong organic business growth driven by high demand for its products and services.

What specific defense products is KTT developing that Congressman Mast supports?

Congressman Mast supports KTT's work in developing affordable and high-performing engines for cruise missiles and unmanned aerial systems (UAS).

Kratos Defense & Security Solutions, Inc.

NASDAQ:KTOS

KTOS Rankings

KTOS Latest News

KTOS Stock Data

3.92B
147.86M
1.81%
88.37%
2.6%
Aerospace & Defense
Guided Missiles & Space Vehicles & Parts
Link
United States of America
SAN DIEGO