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Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS) is a specialized national security technology company dedicated to providing mission-critical products, services, and solutions that align with the United States' national security priorities. Headquartered in San Diego, California, Kratos employs approximately 3,900 engineers and technical professionals who are committed to advancing the technological frontier in several critical areas.
Kratos' core capabilities span sophisticated engineering, manufacturing, and systems integration offerings. These capabilities are pivotal for various national security platforms and programs, including C5ISR (Command, Control, Communications, Computers, Combat Systems, Intelligence, Surveillance, and Reconnaissance), satellite communications systems, electronic warfare, unmanned systems, missile defense, cyber warfare, cybersecurity, information assurance, and critical infrastructure security.
The company's operations are divided into two main segments:
- Kratos Government Solutions (KGS): This segment is an amalgamation of several operating units that focus on microwave electronic products, space, training, and cybersecurity, C5ISR/modular systems, turbine technologies, and defense and rocket support services. The KGS segment is the primary revenue driver for the company.
- Unmanned Systems: This segment encompasses the development and deployment of unmanned aerial, ground, and seaborne vehicles, alongside related command, control, and communications systems. Kratos' advancements in unmanned systems are both innovative and cost-effective, making significant contributions to modern warfare and defense strategies.
Recent achievements by Kratos include the successful integration of Shield AI’s Hivemind with Kratos' Firejet, showcasing the potential of autonomous systems in national defense. Additionally, Kratos has demonstrated the capability of its OpenSpace® Software Ground System to support interoperability and multi-mission operations in collaboration with partners like Telesat Government Solutions and Cobham Satcom.
Kratos remains at the forefront of defense technology, continually evolving to meet the complex demands of modern warfare and national security.
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS) has announced a new contract with a Department of Defense (DoD) Prime contractor to upgrade multiple ground tactical platform maintenance training systems. This contract solidifies Kratos' longstanding commitment to providing advanced training solutions for military customers. Jose Diaz, Sr. Vice President at Kratos Training Solutions, emphasized the company's dedication to quality in these upgrades, reflecting their 25-year history of support to the DoD and allied military forces. Due to various considerations, detailed information about the contract is limited. Kratos continues to innovate in military training and operational solutions, enhancing warfighter readiness using advanced technologies.
Kratos Defense & Security Solutions (Nasdaq: KTOS) has introduced the OpenEdge™ 2500, a compact digitizer designed to enhance satellite antennas by directly converting radio frequency (RF) signals into Internet Protocol (IP) data streams. This product can be integrated into various antenna types, promoting operational efficiency and flexibility in satellite communications.
Cobham Satcom will be the first to utilize the OpenEdge 2500 in their satellite communication terminals, addressing the evolving demands of government and enterprise users. Key benefits include increased operational efficiency, low size, weight, and power (SWaP), rugged design, native support for signal-enhancing equipment, and readiness for Wideband Global SATCOM satellites. This digitization is pivotal for advancing satellite ground systems into the digital era.
Kratos Defense & Security Solutions (NASDAQ: KTOS) announced the delivery of its 200th BQM-177A Subsonic Aerial Target (SSAT) as part of a Full Rate Production Lot 3 contract. The milestone delivery, ahead of schedule, highlights the company's commitment to quality and the Navy's needs. Over the last two years, Kratos has facilitated the activation of four operational sites globally. With the recent award of Full Rate Production Lots 4 through 7, comprising more than 200 additional aircraft, the Unmanned Systems Division emphasizes ongoing dedication to enhancing the Navy's training and test capabilities.
Kratos Defense & Security Solutions (NASDAQ: KTOS) recently hosted U.S. Senator Katie Britt at its SRE facility in Birmingham, Alabama. The visit showcased Kratos' advancements in technologies such as hypersonics, space systems, and missile defense. Michael Johns, Senior VP, emphasized the importance of their work for national defense, while Dave Carter, President of Defense & Rocket Support Services, noted the company's commitment to the aerospace sector in Alabama. Since its acquisition in May 2022, Kratos SRE has focused on expanding its capabilities, employing around 165 professionals to support national security initiatives.
Kratos Defense & Security Solutions (NASDAQ: KTOS) has announced a strategic expansion of its capabilities in the UK by adding experienced engineering and project management personnel. This move is aimed at enhancing its position in the uncrewed aircraft systems (UAS) market. Stacey Rock, President of the Kratos Turbine Technology Division, emphasized that this addition strengthens the technical team, leveraging over 50 years of combined experience in UAS program delivery. Kratos, known for its affordable and transformative defense solutions, continues to pave the way for innovation and competitive advantage in the rapidly growing global defense sector.
Kratos Defense & Security Solutions (Nasdaq: KTOS) introduced its OpenSpace vStar solutions, a groundbreaking technology aimed at modernizing satellite communications ground systems. This innovative platform allows for seamless interoperability with terrestrial networks and significantly enhances flexibility in operations. Key features include support for multiple network topologies, rapid scalability, and cloud-native capabilities, enabling operators to quickly tailor services to customer needs. Notably, Intelsat will implement OpenSpace vStar within its new software-defined satellite network, highlighting the technology's potential for advancing satellite service delivery.
Kratos Defense & Security Solutions (NASDAQ: KTOS) announced a $21.74 million delivery order for 17 BQM-167A AFSAT aircraft and related components, awarded by the USAF's Air Force Life Cycle Management Center. This order is part of a five-year contract that could total up to $374 million if all options are exercised. The delivery emphasizes the company's strong partnership with the USAF over nearly two decades. The contract aims to enhance USAF training capabilities with high-performance, cost-effective target systems, showcasing Kratos' focus on affordability and rapid technology deployment.
Kratos Defense & Security Solutions (NASDAQ: KTOS) has partnered with XipLink to integrate their XipOS network acceleration product as a cloud-native software module on Kratos' OpenSpace dynamic satellite ground platform. This integration aims to enhance user experience by improving link utilization and reducing latency effects, with expected response time improvements of 30% or more. OpenSpace is the first fully virtualized ground system for satellite communications, providing flexibility and scalability while significantly reducing costs. The partnership allows immediate orchestration of XipOS for satellite network operators, streamlining their operational capabilities.
Kratos Defense & Security Solutions (NASDAQ: KTOS) recently hosted U.S. Representative Lisa McClain at their Technical Directions, Inc. (TDI) headquarters in Oxford, Michigan. The visit highlighted TDI’s advancements in turbine engines and turbogenerators designed for military applications, emphasizing the company’s potential to manufacture affordable small-thrust-class engines. Steve Fendley, President of Kratos Unmanned Systems Division, noted the importance of these technologies for producing small cruise missiles and loitering munitions at scale. The company aims to drive job growth in Michigan while ensuring U.S.-based manufacturing capabilities.
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