Kratos Defense and Security Solutions Inc (KTOS)

[Past and present]

***Kratos Files 8K - Entry Into Definitive Agreement >KTOS

4:17 pm ET September 12, 2017 (Dow Jones) Print
Kratos Defense & Security Solutions Inc. (KTOS) filed a Form 8K - Entry Into a Definitive Agreement - with the U.S Securities and Exchange Commission on September 07, 2017.

On September 12, 2017, Kratos Defense & Security Solutions, Inc. (the "Company") closed its previously announced public offering of common stock (the "Offering") in accordance with the terms of an underwriting agreement (the "Underwriting Agreement"), dated September 7, 2017, by and among the Company, J.P. Morgan Securities LLC and Goldman Sachs & Co, LLC, as representative of the several underwriters named therein (the "Underwriters").

Upon the closing of the Offering, the Company sold an aggregate of 16,100,000 shares of common stock to the Underwriters, which amount included 2,100,000 shares of common stock sold pursuant to an option granted to the Underwriters that was exercised in full. The Company received net proceeds from the Offering, after deducting commissions and expenses, of approximately $186.0 million.

The shares of the Company's common stock were offered and sold pursuant to the Company's registration statement on Form S-3ASR (File No. 333-220339) (the "Registration Statement"), filed with the Securities and Exchange Commission on September 5, 2017, as supplemented by the prospectus supplement, dated September 7, 2017. The Registration Statement became immediately effective pursuant to Rule 462(e) of the Securities Act of 1933, as amended (the "Securities Act").

The Company expects to use the net proceeds from this Offering to position the Company for projected growth from new and anticipated increased production on under contract programs and expected to be received new programs and contracts, to reduce its indebtedness in order to reduce its cost of capital and facilitate its long-term strategy, and for general corporate purposes, including potential acquisitions.

The Underwriters and their affiliates have provided, and in the future may continue to provide, various financial advisory, cash management, investment banking, commercial banking and other financial services to the Company in the ordinary course of business for which they have received and will continue to receive customary compensation.

The description of the Underwriting Agreement and the transactions contemplated thereby does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Underwriting Agreement, a copy of which is attached hereto as Exhibit 1.1 and the terms of which are incorporated herein by reference. The Underwriting Agreement contains customary representations, warranties and agreements by the Company, customary conditions to closing, indemnification obligations of the Company and the Underwriters, including for liabilities under the Securities Act, other obligations of the parties and termination provisions. The representations, warranties and covenants contained in the Underwriting Agreement are solely for the benefit of the parties to such agreement, and may be subject to limitations agreed upon by the contracting parties.

A copy of the opinion of Paul Hastings LLP relating to the legality of the issuance and sale of the Company's common stock in the Offering is attached as Exhibit 5.1 hereto.

Forward-Looking Statements

Certain statements in this Current Report on Form 8-K may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements relate to a variety of matters, including, without limitation, the Company's intended use of the net proceeds from the Offering and other statements that are not purely statements of historical fact. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of the Company 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 the Company undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise.

The full text of this SEC filing can be retrieved at: http://www.sec.gov/Archives/edgar/data/1069258/000110465917056753/a17-18529_48k.htm

Any exhibits and associated documents for this SEC filing can be retrieved at: http://www.sec.gov/Archives/edgar/data/1069258/000110465917056753/0001104659-17-056753-index.htm

Public companies must file a Form 8-K, or current report, with the SEC generally within four days of any event that could materially affect a company's financial position or the value of its shares.

(END) Dow Jones Newswires

September 12, 2017 16:17 ET (20:17 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

[Past and present]

***Kratos Supports High Energy Laser Demonstrator Integration

9:00 am ET September 8, 2017 (Globe Newswire) Print
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that its subsidiary Digital Fusion Solutions, Inc., as a member of the joint venture QWK Integrated Solutions, LLC (QWK), was awarded a base period task order under QWK's U.S. Army Space and Missile Defense Command/Army Forces Strategic Command (USASMDC/ARSTRAT) Design, Development, Demonstration and Integration Contract (D3I) Prime Contract to assist SMDC with the design of a High Energy Laser Tactical Vehicle Demonstrator (HEL TVD) System. The overall HEL TVD task order consists of four phases that will result in a prototype HEL weapon system for the Army. The current award is for the base period of the task order, with the expectation that the Army will exercise the subsequent three options at a later date. Kratos support includes task order management, system integration and platform systems support in Huntsville, AL. Digital Fusion Solutions, Inc. is a subsidiary of Kratos' Defense & Rocket Support Services (DRSS) Division. DRSS provides products, solutions and services for critical United States National Security Programs including ballistic missile defense, hypersonics, electromagnetic railgun, directed energy and lasers and various combat systems.

Dave Carter, President of Kratos' DRSS Division, said, "We are very excited with this win because it enables us to expand our technical expertise in high energy lasers while continuing to work closely with our long-time valued customer, U.S. Army SMDC."

[Past and present]

***Kratos Defense & Security Solutions, Inc. Prices Offering of Common Stock

10:55 pm ET September 7, 2017 (Globe Newswire) Print
Kratos Defense & Security Solutions, Inc. ("Kratos") (Nasdaq:KTOS), announced today the pricing of an underwritten offering of 14,000,000 shares of its common stock at a public offering price of $12.25 per share. The net proceeds to Kratos from the offering, after deducting underwriting discounts and commissions, are expected to be approximately $162,067,500. Kratos has also granted the underwriters a 30-day option to purchase up to an additional 2,100,000 shares of common stock. All of the shares in the offering are to be sold by Kratos. The offering is expected to close on September 12, 2017, subject to customary closing conditions.

Kratos expects to use the net proceeds from the offering to position itself for projected growth from new and anticipated increased production on under contract programs and expected to be received new programs and contracts, to reduce its indebtedness in order to reduce the Company's cost of capital and facilitate its long-term strategy, and for general corporate purposes, including potential acquisitions.

J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC are acting as joint book-running managers for the offering. B. Riley & Co., Canaccord Genuity, Drexel Hamilton, Noble Capital Markets and Seaport Global Securities are acting as co-managers for the offering.

A shelf registration statement relating to the shares of common stock to be issued in the offering was filed with the Securities and Exchange Commission ("SEC") and is effective. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted.

A preliminary prospectus supplement and accompanying prospectus describing the terms of the offering has been filed with the SEC and a final prospectus supplement will be filed with the SEC. Copies of the final prospectus supplement and accompanying prospectus relating to the offering may be obtained, when available, from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at [phone]; or from Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, NY 10282, by telephone at [phone], by facsimile at [phone] or by email at [e-mail]. Electronic copies of the final prospectus supplement and accompanying prospectus will also be available on the SEC's website at www.sec.gov.

[Past and present]

***Aerospace and Defense Industry Projected to Grow

9:15 am ET September 6, 2017 (PR Newswire) Print
According to a research report by Deloitte, the global aerospace and defense industry is likely to experience stronger growth in 2017. The report indicates that the industry has experienced multiple years of positive but a subdued rate of growth and in 2017, the aerospace and defense industry is estimated to grow by about 2.0 percent. The global A&D sector revenue rebound is attributed to a number of factors in both the commercial aerospace sub-sector and the defense sub-sector. The defense sub-sector revenues are likely to grow at a much faster 3.2 percent in 2017. This is due to stronger defense spending in the United States, which has returned to growth after several years of declines in defense budgets. Patriot One Technologies Inc. (OTC: PTOTF), Raytheon Company (NYSE: RTN), Axon Enterprise Inc. (NASDAQ: AAXN), Lockheed Martin Corporation (NYSE: LMT), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS).

The report by Deloitte indicates that future growth is expected to be driven by the new U.S. administration's increased focus on strengthening the U.S. military. "Rising global tensions have led to increasing demand for defense and military products in the Middle East, Eastern Europe, North Korea, and the East and South China Seas. This is in turn resulting in increased defense spending globally, especially in the United Arab Emirates (UAE), Saudi Arabia, South Korea, Japan, India, China, Russia," according to the research.

Patriot One Technologies Inc. (OTCQB: PTOTF) is also listed on the TSX Venture Exchange under the ticker symbol "PAT". Earlier today the company announced, "Its award-winning PATSCAN CMR(TM) (Cognitive Microwave Radar) concealed weapons detection system has received Industry Canada (IC) certification for commercial use in Canada. Initial deployments will be undertaken in collaboration with law enforcement and government agency personnel at several strategic locations.

Company CEO Martin Cronin said, "We are gratified that a major regional police force has stepped forward to offer locations and personnel to assist our efforts in optimizing best practices for installation and operation. We are also working with an important enforcement arm of the Canadian government that has shown a keen interest in engaging a PATSCAN CMR deployment on-premise."

Due to the operational and sensitive nature of their activities, the law enforcement organization names and installation locations are withheld under non-disclosure agreements. The planned deployment of the PATSCAN CMR by these organizations is currently for internal, non-public use, and will focus on physical installation processes, fine tuning weapons profiles and ongoing software validation studies.

"We are very thankful to have the co-operation, time and effort of the officers and related civilian personnel, and their support for our quest to guard the public from random acts of violence," said Mr. Cronin.

Patriot One Technologies CTO, Dinesh Kandanchatha added, "The receipt of our Industry Canada approvals is a validation of our engineering and manufacturing processes for regulated environments which mirrors our efforts in the USA. We have worked hard to build our certification expertise and anticipate FCC authorization shortly. Today we are excited to get our equipment into customers' hands to further prove the system's efficacy in typical day-to-day situations at client locations. We are also excited by the opportunity to work with established software and hardware vendors to create a robust integrated security solution."

Patriot One is in the enviable position of having secured sales commitments for more units than it had planned for 2017. The Company is now finalizing sub-manufacturing agreements to increase its 2018 production capability in order to meet growing demand.

Raytheon Company (NYSE: RTN) is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. On July 27, 2017, the company announced net sales for the second quarter 2017 of $6.3 billion, up 4.2 percent compared to $6.0 billion in the second quarter 2016. Second quarter 2017 EPS from continuing operations was $1.89 compared to $2.41 in the second quarter 2016. Second quarter 2017 EPS from continuing operations included a $0.09 charge associated with the early retirement of debt. Second quarter 2016 EPS from continuing operations included a tax-free gain of $0.53 related to the previously disclosed ThalesRaytheonSystems (TRS) transaction.

Axon Enterprise Inc. (NASDAQ: AAXN) protects life with a network of connected public safety technologies. Founded in 1993, Axon first transformed law enforcement with its TASER electrical weapons. On July 13, 2013, the company announced that it would extend its free cloud-based evidence management and body camera trial program to include all Canadian police agencies. The program, which was originally launched in the United States in April of this year, provides Evidence.com usage, body-worn cameras, training, and supporting hardware free of charge for up to one year to any interested agency. Axon's Evidence.com solution has helped to shepherd in a new era of evidence management in public safety.

Lockheed Martin Corporation (NYSE: LMT) is a global security and aerospace company that employs approximately 97,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. Recently, the company announced that it received a $900 million contract from the U.S. Air Force to develop and mature technologies for the Long Range Stand Off missile program. The TMRR phase of the program is a critical step in advancing technologies, systems and subsystems for the weapon program, leading up to the engineering, manufacturing and development milestone expected in 2022.

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) develops transformative, affordable technology for the Department of Defense and commercial customers. The company recently announced that its Unmanned Systems Division (USD) has recently received $2.2 million in contract awards for one of its newest high performance jet powered unmanned aerial drone aircraft and related services. This new unmanned drone system is scheduled to be delivered within the next 12 months. Kratos USD is a leading provider of high performance jet powered unmanned aerial drone systems for tactical and target threat emulation requirements. Steve Fendley, President of Kratos Unmanned Systems Division, said, "Kratos is focused on rapidly designing, demonstrating, and fielding the highest performance unmanned aerial drone systems in the world, and we are very proud to be working with this important customer on this next generation UAS."

[Past and present]

***Kratos Wins Position on $3 Billion Design, Development, Demonstration and Integration (D3I) Contract from the U.S. Army SMDC As Part of QWK Integrated Solutions Joint Venture

8:56 pm ET September 5, 2017 (Globe Newswire) Print
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that as a partner of the QWK Integrated Solutions, LLC joint venture; it has won a position on the U.S. Army Space and Missile Defense Command (SMDC) and Army Strategic Forces Command (ARSTRAT), Design, Development, Demonstration and Integration (D3I) Domain 1 contract. The D3I Indefinite Delivery/Indefinite Quantity (IDIQ) multiple-award contract is valued at $3.038 billion and has a five-year base period of performance with two consecutive two-year options.

QWK will compete for task orders to perform work in three core areas: Operations, Capability Development and Materiel Development. QWK will respond to the Army's needs for new technology by leveraging the extensive capabilities of the partner companies (Kratos and Vencore, Inc.) and its team members. D3I task orders will provide for rapid development and integration of space, missile defense, cyber, directed energy and related technologies to support the mission of SMDC/ARSTRAT and the warfighter.

David Carter, President of Kratos' Defense & Rocket Support Services Division, stated, "The D3I contract provides a vehicle to expand Kratos' support to the U.S. Army in the development and integration of advanced directed energy weapons. Directed energy is a strategic focus area of the company and under this contract we will continue to execute our strategy for developing affordable, innovative directed energy systems and other advanced technology solutions."

[Past and present]

***Kratos Receives $2.2 Million in Contract Awards for High Performance Jet Unmanned Aerial Aircraft and Related Services

4:00 pm ET August 31, 2017 (Globe Newswire) Print
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its Unmanned Systems Division (USD) has recently received $2.2 million in contract awards for one of its newest high performance jet powered unmanned aerial drone aircraft and related services. This new unmanned drone system is scheduled to be delivered within the next 12 months. Kratos USD is a leading provider of high performance jet powered unmanned aerial drone systems for tactical and target threat emulation requirements. Work under these contract awards will be performed at a secure Kratos manufacturing facility, and at customer locations. Due to competitive, customer related and other considerations, no additional information will be provided related to these contract awards.

Steve Fendley, President of Kratos Unmanned Systems Division, said, "Kratos is focused on rapidly designing, demonstrating, and fielding the highest performance unmanned aerial drone systems in the world, and we are very proud to be working with this important customer on this next generation UAS."

[JohnnyJay]

Unusual. Over 18,000 shares traded in pre market trading. Started at 4AM. Something is moving this stock this morning before open.

[Past and present]

***Kratos Receives $3.8 Million in Specialized C5ISR Modular System and Equipment Orders

4:42 am ET August 28, 2017 (Globe Newswire) Print
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its Modular Systems Division (MSD) recently received approximately $3.8 million in specialized command, control, communication, computing, combat and intelligence, surveillance and reconnaissance (C5ISR) modular system and equipment orders. MSD is a leading provider of specialized hardware, products, equipment and modular systems that are critical elements of and support strategic national security related programs, platforms and systems including, unmanned aerial drone, high power directed energy, satellite communication, radar, ballistic missile defense and intelligence, surveillance and reconnaissance. The work under these recent contract awards will be performed in a secure Kratos manufacturing facility. Due to customer related, competitive and other considerations, no additional information will be provided related to these awards.

Tom Mills, President of Kratos Modular Systems Division, said, "These contract awards are related to and support certain of our nation's critical national security related programs and initiatives, and all of MSD is proud to have been selected by this important customer set."

[Past and present]

***SKY Perfect JSAT Selects Kratos' Latest Release of satID(R) for Expanded Geolocation System

4:00 am ET August 24, 2017 (Globe Newswire) Print
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that SKY Perfect JSAT (SJC) selected satID version 3.20 as its satellite interference geolocation solution. SJC becomes the first satellite operator to take advantage of satID's most recent TDMA network geolocation capability to combat VSAT interference and assure the highest quality of service for customers.

SJC, Asia's largest satellite operator, purchased satID in part because of its highly scalable architecture and powerful interference mitigation capabilities. The system enables the cost-effective expansion of SJC's geolocation capability to multiple sites using the existing operational antennas at C and Ku band.

satID is recognized as the industry's most accurate geolocation product, routinely locating satellite interference well within 5 km of the source. As part of the purchase of satID, SJC is taking advantage of several modules available for satID including the TDMA network geolocation, signal cancellation and advanced spectrum analysis capabilities.

"We continually invest in technologies that help us provide the best possible service to customers and satellite service users," said Hideo Hayashi, General Manager of SJC's Service Operations Division. "The new satID system will help us significantly expand and improve our geolocation efforts and address interference issues caused by the growth of VSAT systems with the latest in TDMA geolocation technology."

"The satID TDMA geolocation capability dramatically increases the reliability, traceability and accuracy of results," said David Wilkinson, Kratos' satID Product Manager. "NOC staff are able to significantly accelerate troubleshooting efforts by identifying the specific VSAT terminals causing interference and pinpointing their exact location."

Kratos' satID is part of the Monics family of advanced carrier monitoring and interference mitigation suite of products. The RFI mitigation suite includes carrier monitoring capabilities from Monics, VSAT interference management from SatGuard and signal cancellation from SigX. The Monics family offers the most complete and unmatched capabilities to monitor and mitigate the costly effects of interference.

For more information about the latest release of satID, please visit http://www.kratoscomms.com/page/tdma-geolocation or request a demo to experience the new capabilities: http://www.kratoscomms.com/kratos/contact-us.

[G. Falcone]

Put in a message to IR regarding this...was a long shot never received a response

[Past and present]

***Kratos' satID(R) 3.20 Product Release Offers Industry's Only TDMA Network Geolocation Capability to Combat VSAT Interference

4:00 am ET August 23, 2017 (Globe Newswire) Print
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its market leading satIDsatellite interference geolocation product offers the industry's only TDMA network geolocation capability to combat VSAT interference.

The satID product is recognized as the industry's most accurate geolocation product, routinely locating satellite interference well within 5 km of the source. The TDMA geolocation module enables satID to classify the signals from a TDMA network and provide geolocation results per terminal using advanced classification, filtering and processing. The TDMA option takes advantage of award-winning SatGuard technology that identifies VSAT terminals by their ID to generate significantly more geolocation results.

"The TDMA network geolocation module dramatically improves the geolocation process for our customers," said David Wilkinson, Kratos' satID Product Manager. "The advanced capability transforms the way TDMA geolocation is performed. Operators are able to identify the specific terminals causing interference and pinpoint their exact location to rapidly address quality of service issues."

Beyond interference mitigation the TDMA network geolocation module can help organizations in the satellite industry gain much better visibility into VSAT networks. By geolocating VSAT networks, it becomes possible to profile and understand TDMA network usage enabling improved operations. As an example, with an understanding of where VSAT terminals are located, satellite operators are able to improve capacity planning efforts to optimize beam coverage and bandwidth allocation.

The TDMA network geolocation capability adds to the existing modules available for satID. These modules include a signal cancellation capability that leverages the technology from Kratos' SigX product to enable customers to perform geolocation scenarios much more efficiently and effectively. The module helps mitigate the effects of blocking carriers with a real-time signal removal capability. In addition, an advanced spectrum analysis option employs features from Kratos' Monics carrier monitoring product to provide carrier-under-carrier, modulation analysis and a new threshold triggering capability within satID.

Kratos' satID is part of the Monics family of advanced carrier monitoring and interference mitigation suite of products. The RFI mitigation suite includes carrier monitoring capabilities from Monics, VSAT interference management from SatGuard and signal cancellation from SigX. The Monics family offers the most complete and unmatched capabilities to monitor and mitigate the costly effects of interference.

For more information about the latest release of satID and the TDMA module, please visit: http://www.kratoscomms.com/page/tdma-geolocation or request a demo to experience the new capabilities: http://www.kratoscomms.com/kratos/contact-us.

[G. Falcone]

http://fortune.com/2015/07/27/elon-musk-tesla-autonomous-weapons/

These guys can go hide underground in Musk's hyper-loop.

[JohnnyJay]

http://quwa.org/2017/08/08/unidentified-kratos-uav-will-enter-production-2017/

[JohnnyJay]

Up3stacks, I read the article on the MAKO and it confused me. Did you understand that MAKO can now be marketed and sold or that it has to be tested more. JJ

" By combining the Mako's autonomous capabilities previously demonstrated through single UAS, multi-UAS, and manned/unmanned collaborative operations with the latest mission set capability, the operational utility of the Mako is now established at the next level."

What is the next level?? Guess we will have to wait to find out.

[G. Falcone]

Sucessful test flights for the MAKO...Guaranteed money maker. Bette get all your dough into this one.

[JohnnyJay]

Good article:

https://www.fool.com/investing/2017/08/08/5-things-kratos-management-wants-you-to-know.aspx

[JohnnyJay]

Similar from GovConWire, a site that shows Gov. contracts, etc.

http://blog.executivebiz.com/2017/08/report-kratos-to-enter-production-phase-of-confidential-govt-uav-platform/

[G. Falcone]

It's also nice when your CEO buys $99,600 worth of stock (8,900 shares).

Totaling out at roughly 455000 shares overall.

[G. Falcone]

Here is another piece of DD.

A secret unmanned air vehicle (UAV) from Kratos Defense and Security Solutions is expected to move into production by the end of this business quarter, Kratos’ chief executive says on 8 August.

https://www.flightglobal.com/news/articles/new-kratos-uav-will-enter-production-this-year-440089/

[JohnnyJay]

Kratos Receives $8 Million in Orders for Satellite Global Position Protection System
7:00 am ET August 8, 2017 (Globe Newswire) Print
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that it has received $8 million in orders for specialized products in support of a satellite global position (GPS) anti-jamming, interference and protection system. Kratos is an industry leader in microwave electronic products, satellite communication, command, control, RF interference identification and geolocation. The specialized products to be delivered under these contract awards will be produced in a secure Kratos manufacturing facility. Due to competitive, customer related and other considerations, no additional information will be provided.
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops transformative, affordable technology for the Department of Defense and commercial customers. Kratos is changing the way breakthrough technology for these industries is brought to market through proactive research and a streamlined development process. Kratos specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, training and combat systems. For more information go to 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 25, 2016, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.
Press Contact:
Yolanda White
858-812-7302 Direct

Investor Information:
877-934-4687
[e-mail]
https://resource.globenewswire.com/Resource/Download/013b5702-d29c-4d44-9308-78d7808c8412

[JohnnyJay]

Very good spot. I don't miss much but missed this one. Thanks for posting !!!

[G. Falcone]

https://www.defense.gov/News/Contracts/Contract-View/Article/1270908/

[G. Falcone]

Just another day in Kratos land...Waiting for a massive contract hinted at in the transcripts w/ DeMarco.

[JohnnyJay]

Another feather in the Modular hat:

SAN DIEGO, Aug. 03, 2017 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that its Modular Systems Division (MSD) recently received an approximate $23 million contract award for hardware and specialized modular systems in support of a strategic surveillance radar system. MSD is a leading provider of specialized hardware, products and modular systems that are critical elements of and support strategic national security related programs and systems, including; unmanned aerial drone, high power directed energy, satellite communication, radar, ballistic missile defense and intelligence, surveillance and reconnaissance. The work under this recent contract award will be performed at a secure Kratos manufacturing facility. Due to customer related and other considerations, no additional information will be provided.


Tom Mills, President Kratos MSD said, "In today's global environment of increased threats, real time situational awareness is a critical requirement for the national security of the United States and its allies. The entire MSD team is proud to have been recently selected as a partner on this state of the art surveillance radar system."

About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops transformative, affordable technology for the Department of Defense and commercial customers. Kratos is changing the way breakthrough technology for these industries is brought to market through proactive research and a streamlined development process. Kratos specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, training and combat systems. For more information go to 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

[Past and present]

***Kratos Receives $10.0 Million Ballistic Missile Defense System Contract Award

7:00 am ET August 2, 2017 (Globe Newswire) Print
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that its Modular System Division (MSD) recently received a $10.0 million contract award for specialized hardware and modular systems in support of a leading anti-ballistic missile defense system which is expected to be deployed internationally. MSD is a leading provider of specialized hardware, products and modular systems that are critical elements of and support strategic national security related programs and systems, including; unmanned aerial drone, high power directed energy, satellite communication, radar, ballistic missile defense and intelligence, surveillance and reconnaissance. The work under this recent contract award will be performed at a secure Kratos manufacturing facility. Due to customer related and other considerations, no additional information will be provided.

Tom Mills, President of Kratos MSD said, "Our number one mission is to support our country's national security requirements and the warfighter, and we are proud to have been selected as part of the team responsible for this critical anti-ballistic missile defense system."

[Past and present]

***Kratos Receives $2.9M Order for Air Borne Communication System

7:09 am ET August 1, 2017 (Benzinga)
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) announced today that it has recently received a $2.9 million order for specialized microwave electronics products in support of an air borne communication system.
...Kratos is a leading provider of microwave electronics for missile, radar, guided munitions, communications, electronic warfare and other systems. The products to be delivered under this contract award will be manufactured in a secure Kratos facility. Due to customer related, competitive and other considerations no additional information will be provided related to this contract award

[Past and present]

***ARABSAT Selects Kratos' End-to-End Network Management Solution To Scale Growing Satellite Ground Operations

7:00 am ET July 31, 2017 (Globe Newswire)
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that the Arab Satellite Communications Organization (Arabsat), the leading satellite operator in the Middle East, has selected Compass(R), Kratos' end-to-end network management product, to support its expanding satellite fleet ground operations.

Compass network monitoring and control (M&C) will help Arabsat scale its international operations by automating, and more effectively managing, the network functions of its ground operations supporting its expanding fleet. Compass will be deployed at the company's Teleports in Saudi Arabia and Tunis.

Compass' flexibility offers Arabsat the opportunity to develop its own network procedures according to their operations concept. As Bruno Dupas, President of Kratos' operation in France, which delivered the system to Arabsat, explains: "Optimization of network performance and capability to scale up the monitoring of ground assets were two of Arabsat's key objectives. Compass will monitor all Telemetry, Tracking and Command (TT&C) and Carrier System Monitoring (CSM) earth stations of the Arabsat satellite fleet;"

Kratos will provide Arabsat with Skyminer, its big data storage and analytics engine, which will be used to archive all the data collected by Compass. Skyminer will eventually archive Arabsat's Command and Control (C2) data as well, providing Arabsat overall system awareness and analytics capability from a single consolidated archive storage system.

Arabsat owns and operates eight state of-the-art satellites comprising the youngest satellite fleet with coverage across the Middle East, Europe and Africa.

According to Abdulhadi Alhassani, Director of Satellite Control at Arabsat: "Arabsat continuously strives to streamline and automate its operations with the objective of achieving the highest levels of reliability and QoS attainable in its ground and space systems. Contracting Kratos, which is a world leader in E2E Satellite Ground Operation systems, has been an important milestone in this regards."

[Past and present]

***Kratos Receives $3 Million Security and Access Control Contract from Large National Healthcare Network

7:01 am ET July 26, 2017 (Globe Newswire) Print
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that its Public Safety & Security Division (PSS) has recently received a new $3 million contract for the first two phases of the design, engineering, deployment and integration of a physical access control system (PACS) for a large national healthcare customer in the United States. If the healthcare customer completes a proposed third phase of the project the contract value is expected to grow to $5 million. The system to be deployed will consolidate 24 separate PACS across 68 hospitals into a single system with a common database and user interface and is estimated to be completed over an 18 month period. PSS proposed an innovative, software-based physical access and identity management system that can leverage existing security infrastructure and seamlessly integrate systems across all locations. By offering this cutting edge solution, PSS was able to provide significant time and cost savings to the customer by avoiding a complete replacement of existing systems as well as create additional efficiencies in the customer's business processes. PSS is an industry leader in the design, engineering, deployment and integration of advanced security systems for public safety and critical infrastructure in the United States.

Ben Goodwin, President of Kratos' Public Safety & Security Solutions Division, said, "We are honored that our customers trust and select us to deploy these unique and specialized security systems. We strive to provide solutions on the forefront of security technology that allow our customers to thrive in the face of today's complex threat environment. We are extremely pleased to add this new large customer to our Strategic National Accounts portfolio. We are excited about this new relationship especially since we believe there is opportunity for expansion to meet our customer's operational and growth requirements with our national footprint and capabilities."

[G. Falcone]

Thank you JJ. We have a few crazy days ahead of us.

[JohnnyJay]

A MUST SEE !! If you are interested in Kratos Defense, you will get a great deal of information from this video. It was produced in early 2017 and so some of the references are out of date but still very informative. FYI, references to the UTAP-22 is now officially name MAKO and references to LCASD is now named Valkyrie. References to Gremlins is very important but not at this time. That contract will be awarded in early 2018. Video is 26.5 minutes long. Enjoy !!

http://noble.mediasite.com/mediasite/Play/d2655f353e9746408453df6c767554601d

[Past and present]

***Kratos Receives $3.5 Million Critical Infrastructure Security Contract Award

7:03 am ET July 25, 2017 (Globe Newswire) Print
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that its Public Safety & Security Division (PSS) has recently received a $3.5 million critical infrastructure security contract award. Under the new contract award, Kratos will design, engineer and deploy an integrated security system for a large mass transit authority in the United States. Kratos is an industry leader in the design, engineering, deployment, integration and operation of security systems for public safety and critical infrastructure in the United States.

Ben Goodwin, President of Kratos' Public Safety & Security Division, said, "PSS is an industry leader in sophisticated security system applications for some of the largest mass transit authorities in the country, and we are proud to have been selected by this extremely important customer."

[JohnnyJay]

This is a big part of the excitement.

https://www.washingtonpost.com/news/innovations/wp/2017/06/14/the-pentagon-is-building-robotic-wingmen-to-fly-alongside-fighter-planes/?utm_term=.2487914eec50

[Eagle1]

To where?

[G. Falcone]

Huge pop AH....

[JohnnyJay]

Hold on, here we go !!!!


SAN DIEGO, July 20, 2017 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that it will publish financial results for the second quarter 2017 after the close of market on Thursday, July 27, 2017. Management will discuss the Company's operations and financial results in a conference call beginning at 2:00 p.m. Pacific (5:00 p.m. Eastern).


Analysts and institutional investors may participate on the conference call by dialing 866-393-0674, referencing the call by ID number 54130026. The general public may access the conference call by dialing 877-344-3935, or on the day of the event visit www.kratosdefense.com for a simultaneous webcast. A replay of the webcast will be available on the Kratos website approximately two hours after the conclusion of the conference call.

About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a mid-tier government contractor at the forefront of the Department of Defense's Third Offset Strategy. Kratos is a leading technology, intellectual property and proprietary product and solution company focused on the United States and its allies' national security. Kratos is the industry leader in high performance unmanned aerial drone target systems used to test weapon systems and to train the warfighter, and is a provider of high performance unmanned combat aerial systems for force multiplication and amplification. Kratos is also an industry leader in satellite communications, microwave electronics, cyber security/warfare, missile defense and combat systems. Kratos has primarily an engineering and technically oriented work force of approximately 2,900. Substantially all 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.

[Past and present]

***Kratos Defense & Security Solutions, Inst Holders, 2Q 2017 (KTOS)

4:03 am ET July 19, 2017 (Dow Jones) Print
The following table shows the largest shareholders in

KRATOS DEFENSE & SEC SOL INC COM (KTOS) for the quarter ended June 30, 2017, listed by holding size. The list represents up to 50 of the largest holders in the company.

Note: Unless otherwise mentioned the reporting date is 06/30/2017

Institution Shares Shares % Last

Held Changed Held Report

BlackRock Fund Advisors 6,309,671 2,886,500 7.299 03/31

Capital Research & Management 3,395,000 3,395,000 3.927 03/31

Dimensional Fund Advisors LP 3,369,404 (1,636,142) 3.898 03/31

Royce & Associates LP 3,199,105 (120,400) 3.701 03/31

Millennium Management LLC 3,006,138 570,944 3.477 03/31

The Vanguard Group Inc. 2,760,941 534,190 3.194 03/31

SSgA Funds Management Inc. 2,109,740 691,425 2.441 03/31

Emerald Advisers Inc. 2,059,710 702,505 2.383 03/31

S Squared Technology LLC 1,992,639 40,701 2.305 03/31

Emerald Mutual Fund Advisers T 1,628,657 620,554 1.884 03/31

Paradigm Capital Management I 1,449,900 152,500 1.677 03/31

AWM Investment Co. Inc. 1,440,000 440,000 1.666 03/31

Managed Asset Portfolios LLC 1,338,080 (8,505) 1.548 03/31

Invesco PowerShares Capital Ma 1,155,151 797,245 1.336 03/31

D. E. Shaw & Co. LP 984,737 (366,909) 1.139 03/31

Driehaus Capital Management LL 936,186 370,899 1.083 03/31

Cortina Asset Management LLC 855,605 122,342 0.990 03/31

Northern Trust Investments In 705,612 61,101 0.816 03/31

Geode Capital Management LLC 580,932 175,879 0.672 03/31

EAM Investors LLC 519,204 (339,425) 0.601 03/31

The California Public Employee 453,700 162,600 0.525 03/31

Fuller & Thaler Asset Manageme 392,800 0 0.454 03/31

Alyeska Investment Group LP 350,000 350,000 0.405 03/31

Bridgeway Capital Management 337,300 0 0.390 03/31

Citadel Advisors LLC 324,498 160,855 0.375 03/31

Charles Schwab Investment Mana 311,285 121,415 0.360 03/31

B. Riley Capital Management LL 296,177 260,082 0.343 03/31

ICM Asset Management Inc. 283,883 (25,387) 0.328 03/31

Glacier Peak Capital LLC 271,429 (48,684) 0.314 03/31

Commonwealth Equity Services 268,183 37,604 0.310 03/31

BlackRock Investment Managemen 261,289 44,998 0.302 03/31

SG Americas Securities LLC 258,992 258,992 0.300 03/31

HighTower Advisors LLC 252,174 43,639 0.292 03/31

Jacobs Levy Equity Management 213,231 (49,000) 0.247 03/31

The Dreyfus Corp. 188,638 (16,632) 0.218 03/31

The Bank of New York Mellon Co 183,748 34,431 0.213 03/31

Russell Investment Management 173,081 (159,342) 0.200 03/31

Putnam Investment Management L 171,674 (18,277) 0.199 03/31

ARS Investment Partners LLC 167,696 (36,100) 0.194 03/31

Parametric Portfolio Associate 162,545 (59,854) 0.188 03/31

Catalyst Capital Advisors LLC 162,000 (23,000) 0.187 03/31

LPL Financial LLC 154,682 154,682 0.179 06/30

Bard Associates Inc. 151,090 (3,250) 0.175 03/31

TIAA-CREF Investment Managemen 151,082 (6,404) 0.175 03/31

Columbia Management Investment 139,821 (40,775) 0.162 03/31

Federated MDTA LLC 133,341 131,619 0.154 03/31

California State Teachers' Ret 132,377 14,000 0.153 03/31

Trexquant Investment LP 131,866 93,951 0.153 03/31

Susquehanna Financial Group LL 125,731 68,604 0.145 03/31

Victory Capital Management In 124,180 124,180 0.144 03/31

13F data provided by: Factset Research Systems Inc.;

Please send questions to [e-mail].

Copyright, Factset Research Systems, 2017. All Rights Reserved.

(END) Dow Jones Newswires

July 19, 2017 04:03 ET (08:03 GMT)

[G. Falcone]

IMO more red days to come before ER draws closer

[buckeyefan1971]

Good to see you here Eagle1. Was just looking at this stock and comparing other DOD companies to Tm**!!

[robtewms]

Agreed. I never put much faith in the analysts. My impression is that they always have some sort of angle. It's kind of like Cramer, Motley Fool, or Seeking Alpha.

[Rogerthat1]

Lmao very scientific. I bet you those anal-ysts probably don't even take as many pains as you've taken to compute their price targets. Imo

[Past and present]

***Kratos Cut to Hold From Buy by SunTrust Robinson Humphrey

7:32 am ET July 14, 2017 (Dow Jones) Print
Ratings actions from Benzinga: http://www.benzinga.com/stock/KTOS/ratings

(END) Dow Jones Newswires

July 14, 2017 07:32 ET (11:32 GMT)

[JohnnyJay]

Analyst give short term targets of from $10 to $14. I pay no attention to them at all. My "opinion" target based on my own study is $25 by the the end of the year. I computed that on on these facts: K has gained at a rate of 9.8 cents (.098) per day average since May 5th, last earnings report. There are 122 trading days left in 2016. Take that times .098 cents and it gives you $11.96 in gains (if it continues that rate of gain.) Add $11.96 to current price of $12.67 and you have $24.62. Okay, so I rounded up 38 cents. There you go. As far as DD, read my previous posts. There is quite a bit of info that is still current.

[Past and present]

***KTOS..Kratos Announces Acceptance of Advanced Space Radio Monitoring System by the Regulatory Authority of the Sultanate of Oman

7:00 am ET July 13, 2017 (Globe Newswire) Print
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that The Regulatory Authority (TRA) of the Sultanate of Oman has formally accepted the Advanced Space Radio Monitoring System (ASRMS) from Kratos. The multi-million dollar project started in late 2014 and includes ten years of long-term support services for the ASRMS system.

The most advanced system of its kind, ASRMS is a unique satellite monitoring and geolocation solution specifically developed to help Satellite Frequency Regulators identify authorized and unauthorized satellite communication signals, manage the satellite spectrum used in their respective countries, and provide for improved cooperation with other telecommunications regulatory agencies.

Working with TRA, Kratos was responsible for virtually every aspect of the system including the core satellite technology and associated hardware and software. ASRMS includes several Kratos antennas covering UHF/L/S/C/X/Ku/Ka frequency bands, a mobile vehicle providing analysis capabilities for both earth-to-space and space-to-earth signals and an unmanned aerial vehicle (UAV) spectrum analysing solution.

Kratos' Monics(R) carrier monitoring, satID(R) geolocation, Compass(R) network monitor & control (M&C) and NeuralStar(R)SQM service management products are integrated with the Antennas/RF system to provide an end-to-end solution that is integrated with TRA's frequency management system that manages all the spectrum licenses.

Additionally, Kratos managed the build-out of the extensive civil works (housing, road access, power, water, etc.) needed to support the system.

With a user friendly graphical interface based on automated procedures and advanced tools, ASRMS eases regulator management of the satellite RF spectrum over their countries including known and unknown transmissions.

"Satellite spectrum is a national security asset that can be subject to unauthorized usage, interference and other threats," said Eng. Yousuf Al Balushi, Vice President-Spectrum Management Affairs. "The ASRMS will enable us to better manage, monitor and geolocate satellite radio frequency transmissions over the Sultanate with operations automated for MEO and GEO satellites in all bands."

"Systems such as ASRMS are becoming increasingly important to satellite frequency regulators as multi-beam HTS satellites and LEO satellites make spectrum more congested, more challenging to track satellite communications (SATCOM) signals and more critical to the management of the spectrum in use in their countries," said Bruno Dupas, President of Kratos Integral Systems Europe, which was the Kratos operating unit that provided the ASRMS system.

[Eagle1]

Hi new here what's price target? A good friend of mine told me about ktos!

Thanks for any DD

[JohnnyJay]

P&P, Thanks for the heads up. Saw it early this morning but I still appreciate your post. Progress since May 4th indicates $25 by Christmas.

[Past and present]

***Kratos' RT Logic Awarded U.S. Government Contract to Study Enhanced SATCOM Resiliency Concepts

7:00 am ET July 11, 2017 (Globe Newswire) Print
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that the U.S. Government recently awarded its RT Logic subsidiary an important Wideband Communications Architecture Study (WCAS) contract to help define the next generation resilient ground architecture for the Department of Defense (DoD).

Kratos was awarded three of the study's primary tasks: 1) defining the overall ground architecture; 2) identifying flexible and efficient mechanisms to provide wideband transport including both satellite communications (SATCOM) and ground resources; and 3) determining the operations management requirements needed to facilitate system control and situational awareness.

Increasingly, DoD terminals must be able to "roam" beyond one satellite network to expand SATCOM capacity and resiliency. To achieve this capability, U.S. Government systems must be able to flexibly access commercial and government resources and traverse among a diverse pool of satellites, teleports, and managed systems. Currently, this capability is hindered by the proliferation of managed service networks using proprietary modems and waveform technologies.

Kratos is supported on this effort by a world-class team of satellite operators to execute the study, including Intelsat General, SES, INMARSAT, Hughes and OneWeb.

According to John Monahan, Senior Vice President, Kratos SATCOM products, "The program draws upon Kratos' core SATCOM and MILSATCOM capabilities that leverage our extensive portfolio of ground system products and architectural depth. The 'roaming enterprise' approach will increase SATCOM capacity and create a more resilient architecture to anticipate and respond to future attacks."

[halpern6]

insider option exercises very impressive.....
http://finviz.com/insidertrading.ashx

[G. Falcone]

Lol ok....Keep it up. I'll periodically check over your KTOS posts these next 3-4 years and continue to laugh at them.

[Rogerthat1]

Keep buying. I'll short this pig when it gets overbought. Love it. Keep pumping. She seems to have a couple more Green Day's in her imo before she gets too hot to handle lmao

[JohnnyJay]

Today, Kratos went up .80 cents. It will double that when they announce their first Mako contract and do even better than that when the Valkyrie receives a contract and will do even better than all if they, along with Dynetics, acquire the Phase 3 of the gremlins contract in the first quarter of 2018. This is a buy and hold long term position.