Kratos Welcomes Ranking Member Adam Smith to Glen Burnie, Maryland Facility
Kratos Defense & Security Solutions (NASDAQ: KTOS) recently hosted House Armed Services Ranking Member Adam Smith (D-WA-9) at their Glen Burnie, Maryland facility. The visit showcased Kratos' advancements in hypersonic systems, including briefings on the low-cost Erinyes Hypersonic Flyer, Dark Fury, Zeus Solid Rocket Motors, and other technologies.
The company highlighted their recent award of the Multi-Service Advanced Capability Hypersonic Test Bed (MACH-TB) 2.0 contract, where Kratos was selected as the prime contractor for Task Area 1 Systems Engineering, Integration, and Testing. This project aims to increase hypersonic flight test frequency through integrated subscale, full-scale, and air launch systems.
The visit emphasized Kratos' commitment to delivering affordable, innovative defense solutions and their strategy of investing in research and development for hypersonic, tactical jet drone, and jet engine systems.
Kratos Defense & Security Solutions (NASDAQ: KTOS) ha recentemente ospitato il membro di rango della Commissione per i Servizi Armati della Camera Adam Smith (D-WA-9) presso il loro stabilimento di Glen Burnie, Maryland. La visita ha messo in evidenza i progressi di Kratos nei sistemi ipersonici, inclusi i briefing sul volo ipersonico Erinyes a basso costo, Dark Fury, motori a razzo Zeus e altre tecnologie.
L'azienda ha sottolineato il recente conferimento del contratto Multi-Service Advanced Capability Hypersonic Test Bed (MACH-TB) 2.0, in cui Kratos è stata selezionata come appaltatore principale per l'Area di Lavoro 1 per l'ingegneria dei sistemi, integrazione e collaudo. Questo progetto mira ad aumentare la frequenza dei test di volo ipersonico attraverso sistemi integrati subscale, full-scale e di lancio aereo.
La visita ha enfatizzato l'impegno di Kratos a fornire soluzioni di difesa accessibili e innovative e la loro strategia di investire in ricerca e sviluppo per sistemi ipersonici, droni tattici e motori a reazione.
Kratos Defense & Security Solutions (NASDAQ: KTOS) recientemente recibió al miembro de rango de los Servicios Armados de la Cámara Adam Smith (D-WA-9) en sus instalaciones de Glen Burnie, Maryland. La visita mostró los avances de Kratos en sistemas hipersónicos, incluidos informes sobre el volador hipersónico Erinyes de bajo costo, Dark Fury, motores de cohete sólidos Zeus y otras tecnologías.
La empresa destacó la reciente adjudicación del contrato Multi-Service Advanced Capability Hypersonic Test Bed (MACH-TB) 2.0, donde Kratos fue seleccionada como contratista principal para el Área de Tarea 1 en ingeniería de sistemas, integración y pruebas. Este proyecto tiene como objetivo aumentar la frecuencia de las pruebas de vuelo hipersónico a través de sistemas subescala, a escala completa y de lanzamiento aéreo.
La visita enfatizó el compromiso de Kratos de ofrecer soluciones de defensa asequibles e innovadoras y su estrategia de inversión en investigación y desarrollo para sistemas hipersónicos, drones de combate y motores a reacción.
Kratos Defense & Security Solutions (NASDAQ: KTOS)는 최근 메릴랜드 글렌번의 시설에서 하원 군사 서비스 위원회 간사인 아담 스미스(D-WA-9)를 초대했습니다. 이번 방문에서는 Kratos의 하이퍼소닉 시스템의 발전을 보여주었으며, 저비용 Erinyes 하이퍼소닉 비행기, Dark Fury, Zeus 고체 로켓 엔진 및 기타 기술에 대한 브리핑도 포함되었습니다.
회사는 다중 서비스 고급 하이퍼소닉 테스트 베드 (MACH-TB) 2.0 계약의 최근 수상 사실을 강조했으며, Kratos는 작업 영역 1 시스템 공학, 통합 및 테스트의 주요 계약자로 선정되었습니다. 이 프로젝트는 통합된 하위 스케일, 전체 스케일 및 공중 발사 시스템을 통해 하이퍼소닉 비행 테스트 빈도를 증가시키는 것을 목표로 하고 있습니다.
방문은 Kratos의 저렴하고 혁신적인 방위 솔루션 제공에 대한 의지와 하이퍼소닉, 전술 제트 드론 및 제트엔진 시스템에 대한 연구 및 개발 투자 전략을 강조했습니다.
Kratos Defense & Security Solutions (NASDAQ: KTOS) a récemment accueilli le membre de rang du Comité des services armés de la Chambre, Adam Smith (D-WA-9), dans ses installations de Glen Burnie, dans le Maryland. La visite a mis en avant les avancées de Kratos dans les systèmes hypersoniques, y compris des présentations sur le volant hypersonique Erinyes à bas coût, Dark Fury, moteurs-fusées solides Zeus et d'autres technologies.
L'entreprise a souligné l'attribution récente du contrat Multi-Service Advanced Capability Hypersonic Test Bed (MACH-TB) 2.0, où Kratos a été sélectionnée comme entrepreneur principal pour le domaine de travail 1, ingénierie des systèmes, intégration et essais. Ce projet vise à accroître la fréquence des tests de vol hypersonique grâce à des systèmes intégrés à échelle réduite, à échelle réelle et de lancement aérien.
La visite a souligné l'engagement de Kratos à fournir des solutions de défense abordables et innovantes ainsi que leur stratégie d'investissement dans la recherche et le développement pour les systèmes hypersoniques, les drones tactiques et les turbines à réaction.
Kratos Defense & Security Solutions (NASDAQ: KTOS) hat kürzlich den ranghöchsten Mitglied der Kamerakommission für Streitkräfte, Adam Smith (D-WA-9), in ihren Einrichtungen in Glen Burnie, Maryland, empfangen. Der Besuch zeigte die Fortschritte von Kratos in hypersonischen Systemen, einschließlich Informationen über den kostengünstigen Erinyes Hypersonic Flyer, Dark Fury, Zeus Feststoffraketenmotoren und weitere Technologien.
Das Unternehmen hob die kürzliche Vergabe des Multi-Service Advanced Capability Hypersonic Test Bed (MACH-TB) 2.0 Vertrages hervor, bei dem Kratos als Hauptauftragnehmer für den Aufgabenbereich 1 Systeme Engineering, Integration und Testing ausgewählt wurde. Ziel dieses Projekts ist es, die Häufigkeit von hypersonischen Flugtests durch integrierte Unter-Skalierungs-, Voll-Skalierungs- und Luftstartsysteme zu erhöhen.
Der Besuch betonte Kratos' Engagement für die Bereitstellung erschwinglicher, innovativer Verteidungslösungen und ihre Strategie, in Forschung und Entwicklung für hypersonische, taktische Drohnen- und Düsenantriebssysteme zu investieren.
- Secured MACH-TB 2.0 contract as prime contractor for Task Area 1
- Developing multiple hypersonic systems including Erinyes, Dark Fury, and Zeus
- None.
Insights
The visit by Ranking Member Adam Smith to Kratos' facility represents a standard governmental relations event without immediate material impact on the company's financial performance or stock value. While the article highlights various hypersonic programs and the MACH-TB 2.0 contract, it doesn't disclose any new contracts, financial figures, or significant technological breakthroughs that would affect investor decisions.
The article primarily focuses on showcasing existing programs like Erinyes, Dark Fury and Zeus to a key congressional figure. While maintaining good relationships with government officials is important for defense contractors, this type of facility visit is a routine part of business operations in the defense sector.
The MACH-TB 2.0 contract mentioned was previously announced and is already priced into the stock. Without new financial details or contract awards, this news falls into the category of routine corporate communications and stakeholder engagement.
Representative Smith Briefed on Kratos Erinyes, Dark Fury, Zeus and Other Kratos Hypersonic Systems
SAN DIEGO, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets, recently welcomed House Armed Services Ranking Member Adam Smith (D-WA-9) to Kratos Defense & Rocket Support Services (DRSS) in Glen Burnie, Maryland. The visit provided an opportunity to showcase Kratos’ latest achievements in advancing hypersonic systems, strategic systems, ballistic missile targets, sub-orbital research vehicles, sounding rockets, directed energy and laser systems, and to discuss recent successes delivering mission-critical, cost-effective solutions to support U.S. national security.
During the visit, Rep. Smith was briefed on Kratos’ cutting-edge hypersonic programs, including the low cost Erinyes Hypersonic Flyer, Dark Fury, Zeus Solid Rocket Motors, and other Kratos systems and technologies, all of which exemplify the company’s commitment to affordability, being first-to-market, and innovation. The discussion also highlighted Kratos’ recent award of the Multi-Service Advanced Capability Hypersonic Test Bed (MACH-TB) 2.0 contract, under which Kratos was selected as the prime for Task Area 1 Systems Engineering, Integration, and Testing (SEIT). This effort includes integrated subscale, full-scale, and air launch systems and services designed to affordably increase hypersonic flight test cadence, a critical need for advancing the nation’s defense capabilities.
“Kratos believes in delivering more for less and is proud to showcase our systems that are pushing the boundaries of hypersonic technology testing to accelerate delivery of low-cost, high-performance solutions to the warfighter,” said Dave Carter, President of Kratos’ Defense & Rocket Support Services Division. “The MACH-TB 2.0 contract is a testament to our leadership and dedication to addressing the Department of Defense’s needs for rapid, reliable, and scalable hypersonic testing and development.”
Rep. Smith’s visit underscores the importance of collaboration between industry and government in advancing technologies critical to national security. Kratos remains steadfast in its mission to deliver affordable, innovative solutions to support the warfighter and strengthen the nation’s defense posture.
Eric DeMarco, Kratos President and CEO, said, “Kratos employees were thrilled to have the opportunity to meet and spend time with Ranking Member Smith, who we believe shares Kratos’ philosophy of “delivering more and better systems for less”. I was also particularly pleased to spend time discussing with the Representative Kratos’ now multi-year strategy and philosophy of investing Kratos’ own research, development and innovation focused funds, to deliver affordable, hypersonic, tactical jet drone, jet engine and other relevant systems to the warfighter.”
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
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