SAN DIEGO, Nov. 30, 2010 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading national security solutions provider, today announced the appointment of Jane E. Judd to the Company’s Board of Directors, expanding membership to seven Directors. Ms. Judd is a government contracting and national security industry veteran, and she also brings significant financial and previous director experience to the Kratos Board.
Ms. Judd was previously Vice President and Corporate Controller of the Titan Corporation, having a tenure at Titan of 10 years. Titan was a major national defense services and solutions provider, which was acquired by L3 Corporation in 2005 for a total transaction valuation of approximately $2.65 billion. More recently, Ms. Judd was Senior Vice President and Chief Financial Officer of Telisimo International, where she was also a member of the Telisimo Board of Directors. Ms. Judd has previously held National Security clearances, including Top Secret, and will apply for renewal of her security clearances as a Director of Kratos. Ms. Judd is a Certified Public Accountant and she received a Bachelor of Science Degree from the University of Utah in 1976. As a Kratos Director, Ms. Judd will be assuming the role of Designated Financial Expert (DFE), a designation currently held by Kratos Chairman William A. Hoglund.
Eric Demarco, Kratos’ President and CEO, said, “As Kratos continues the successful execution of our strategic plan in building a premier national security solutions provider, diversification and augmentation of the Kratos Board with outstanding personnel with diverse and relevant qualifications, experience, and backgrounds is a key element. Jane is a highly respected national security industry veteran, the quintessential professional, and has relative expertise and experience that is truly outstanding. The entire Kratos Board of Directors welcomes Jane to Kratos, and we are all looking forward to working with her as we continue the execution of our strategy.”
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a United States National Security Solutions provider. Kratos provides mission critical products, solutions and services for United States National and Homeland Security. Principal areas of expertise include C5ISR, sensor development, unmanned system solutions and support, weapon systems upgrade and sustainment; design, engineering, manufacturing and integration of military products, tactical and other shelters; military weapon range operations; critical network engineering services; information assurance and cybersecurity solutions; security and surveillance systems; and critical infrastructure security system design, integration and operation. The Company is headquartered in San Diego, California, with resources located throughout the U.S. and at key strategic military locations. News and information are available at www.KratosDefense.com.
The Kratos Defense & Security Solutions, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3519
CONTACT: Kratos Defense & Security Solutions, Inc. Press Contact: Yolanda White 858-812-7302 Investor Information: 877-934-4687 investor@kratosdefense.com
Source: Kratos Defense & Security Solutions, Inc.
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