Leadership

Kratos is guided by seasoned leadership with many years of collective experience working with the federal government, large government contractors and key agencies, such as the U.S. Department of Defense, Department of Homeland Security, and various branches of the military. Members of our management team have extensive experience growing businesses organically, as well as through acquisitions.

Eric DeMarco

Eric M. DeMarco is President and Chief Executive Officer of Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS). Mr. DeMarco joined the Company in November 2003 when it was Wireless Facilities, Inc. (NASDAQ: WFII) a commercial wireless communications system infrastructure provider, as President and Chief Operating Officer, and he assumed the role of CEO in April 2004. Since joining the Company, Mr. DeMarco has been instrumental in leading the Company's efforts to successfully transition from a commercial communication business via sale and disposition of assets, to build and grow, both organically and through strategic acquisition, a leading national security-focused technology, product and systems provider for the U.S. and its allies. Today, Kratos is recognized as an industry-leading provider of high performance, jet-powered unmanned aerial drone systems, space and satellite communications, microwave electronics, rocket systems for missile defense and hypersonic programs and C5ISR. Kratos is known as a technology company that rapidly develops, demonstrates and fields leading technology products and systems at an affordable cost. At Kratos, affordability is a technology.

Prior to Kratos, Mr. DeMarco was the President and Chief Operating Officer of the Titan Corporation, which was later acquired by L-3. Under his leadership, Titan grew from approximately $150 million in annualized revenue to $1.5 billion, with a backlog of over $4 billion. Mr. DeMarco's efforts were instrumental in creating one of the largest government information technology companies in the United States.

Before Titan, Mr. DeMarco served in a variety of public accounting positions primarily focusing on large multinational corporations and publicly traded companies. Mr. DeMarco has served as Chairman of the Board of Wavestream Corporation, a previous director of nLIGHT (NASDAQ: LASR) and currently serves on the Board of Directors of Kratos Defense & Security Solutions, Inc. Mr. DeMarco is also currently on the Executive Board and Board of Governors of the Aerospace Industry Association (AIA). He holds a Bachelor of Science, Business Administration and Finance, summa cum laude, from the University of New Hampshire.

Deanna Lund

Executive Vice President
Chief Financial Officer

Deanna Lund has served as Chief Financial Officer for Kratos since April 2004. In her role, Ms. Lund oversees all Kratos accounting, financial matters, SEC reporting, and budgeting. Ms. Lund has been instrumental in the transformation and evolution of Kratos, having played a key role in the various divestitures and acquisitions of the Company. In addition to her primary duties, Ms. Lund is actively involved in Kratos’ compliance with Sarbanes-Oxley requirements.

Prior to joining Kratos, Ms. Lund most recently served as Vice President and Corporate Controller for the Titan Corporation, which grew from annualized revenues of approximately $150 million in 1993 to approximately $2.0 billion at the time of her departure. As the Principal Accounting Officer of Titan, Ms. Lund was responsible for all aspects of financial accounting, SEC reporting, and budgeting. In addition, she was instrumental in executing numerous capital and debt transactions, over 25 acquisitions and played a key role in tax planning, communicating with the financial community, and Sarbanes-Oxley compliance.

Ms. Lund is a graduate of San Diego State University, where she received her Bachelor of Science degree in Accounting, magna cum laude, and is a certified public accountant.

Division Presidents

Yonah Adelman
President, Microwave Electronics Division
Mr. Adelman began his professional career as a Research and Development Microwave Engineer at General Microwave Corporation (GMC) in Amityville, New York, subsequently moving to Israel where he took part in the establishment of General Microwave Israel, a subsidiary of GMC. Mr. Adelman served as Chief Microwave Engineer, Assistant General Manager, and since 1990 was General Manager of General Microwave Israel, which Kratos acquired in 2011. Mr. Adelman received a Bachelor of Science degree with summa cum laude honors in Mathematics and Physics from Brooklyn College and a Master of Science degree from New York University in Applied Mathematics, where he subsequently performed doctoral research in magneto-fluid dynamics. Mr. Adelman is a longtime member of the Institute of Electrical and Electronics Engineers (IEEE) and in 2008 received a Certificate of Appreciation from the Microwave Chapter of the Israeli IEEE.

Phil Carrai
President, Space, Training, & Cyber Division
Phil Carrai is the President of Kratos’ Space, Training, & Cyber Division, which includes land and space-based communications products and infrastructure, cybersecurity products and services, and training and simulation products and services. He has 30 years of experience in enterprise software and hardware, professional services and private equity, holding executive management and board positions in public, private and early-stage companies. Carrai has served as a board member for Vivisimo, Network Alliance, Ai Metrix, Internosis, Ztango, and Alabanza, and has been an advisor to many emerging technology companies in the national capital region. He received a Master of Business Administration degree from Carnegie Mellon University and undergraduate degrees in Information Systems and Accounting from Indiana University of Pennsylvania, where he is a member of the Eberly Hall of Distinction.

Dave Carter
President, Defense & Rocket Support Services Division
David Carter is the President of Kratos’ Defense & Rocket Support Services Division. He has over 30 years of experience both as an active duty member of the U.S. Navy and as a senior consultant supporting Department of Defense combat weapons systems development, acquisition, test and evaluation, and life cycle support. Following his six years of military service, Mr. Carter was a senior manager at DTI Associates, Inc. from August 1989 until DTI’s acquisition by Haverstick Consulting in January 2004. Mr. Carter has been a part of the Kratos executive team since Kratos’ acquisition of Haverstick in 2007.

Steven Fendley
President, Unmanned Systems Division
Steve Fendley is the President of Kratos Unmanned Systems Division, KUSD, which includes the Kratos companies Kratos Unmanned Aerial Systems. Microsystems, Kratos Technical Directions, Kratos Australia, and 5-D Systems. He has over 25 years of experience focused on development of unmanned and optionally-piloted aerial systems; both aerial targets and the more conventional UAVs. Over his career, his defense industry roles have spanned electrical/systems engineering, engineering management, program management, and executive management for Westinghouse, Tracor, Northrop Grumman, BAE Systems, 5-D Systems, and CEi/Kratos. His efforts have supported the QF-4 FSAT, MQM-107E SSAT, Kalkara (Australian 107E), Taiwan 107E, 5GAT, AFSAT, Navy SSAT, Firejet, UTAP-22 Mako, XQ-58A and several UAS development systems. Mr. Fendley has a Bachelor of Electrical Engineering degree from Auburn University.

Thomas Mills
President, C5ISR Systems Division

For over 10 years, Thomas Mills has been the President of Kratos’ C5ISR Systems Division, a leading provider and integrator of specialized tactical mobility systems. Prior to joining Kratos, Mr. Mills held several senior-level executive positions at various publicly traded and privately held companies in the defense and aerospace industry. Trained as a CPA, Mr. Mills started his career at KPMG and has a Bachelor of Science in Accounting from West Chester University.

Stacey Rock
President, Kratos Turbine Technologies Division
Stacey Rock is the President of Kratos’ Turbine Technologies Division, responsible for the development of affordable and highly-efficient, turbojet and turbofan engines, demonstrator engines, liquid rocket engine turbopumps, and MRO services. An aerodynamicist and computational fluid dynamicist by training, he began his career as a research engineer supporting the development and test of transonic, supersonic, and hypersonic weapons systems. Over his 29 year career, he has served in a variety of technical and leadership roles with a focus on R&D programs for manned and unmanned air vehicles, tactical missiles, hypersonic and reentry systems, airborne optical sensors, ground and flight test programs, high energy laser systems, and multi-disciplinary weapons analysis. Most recently, Mr. Rock served as Senior Vice President of Kratos’ Weapons & Defense Solutions business unit. Stacey joined Kratos in December of 2008 through the acquisition of Digital Fusion Solutions, Inc., where he served as vice president of advanced technology. He received a Bachelor of Aerospace Engineering from Auburn University and a Master of Science in Aerospace Engineering from North Carolina State University.

Board of Directors

Scott Anderson
Scott Anderson has served as a director since March 1997. Mr. Anderson has been President and Chief Executive Officer of NE Wireless Networks, LLC, a wireless telecommunications provider in Maine, since September 2013. Mr. Anderson has been a principal of Cedar Grove Partners, LLC, an investment and consulting/advisory partnership, since 1997, and a principal of Cedar Grove Investments, LLC, a private seed capital firm, since 1998. Mr. Anderson was with McCaw Cellular/ AT&T Wireless, most recently as Senior Vice President of the Acquisitions and Development group, from 1986 until 1997. Before joining McCaw Cellular in 1986, Mr. Anderson was engaged in private law practice. More recently, Mr. Anderson served on the board of directors and was Audit Committee Chairman of SunCom Wireless Holdings, Inc. until its acquisition by T Mobile USA, Inc. in February 2008. In addition, Mr. Anderson served on other public company boards prior to 2002. Mr. Anderson was also a director of TC Global, Inc., a public company registrant, from July 2010 to November 2013. He currently serves on the board of directors of several private companies, including NE Wireless Networks, LLC, Globys, Inc., PowerLight, Inc., and Anvil Corp., all private companies; and is the Chairman of the board of directors of Opanga, Inc. and NE Wireless Networks, LLC, and serves as an advisor to the board of directors of Tupl, Inc., both of which are also private companies. Mr. Anderson received a bachelor’s degree in History from the University of Washington, magna cum laude, and a law degree from the University of Washington Law School, with highest honors.

Eric DeMarco
Eric M. DeMarco is President and Chief Executive Officer of Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS). Mr. DeMarco joined the Company in November 2003 when it was Wireless Facilities, Inc. (NASDAQ: WFII) a commercial wireless communications system infrastructure provider, as President and Chief Operating Officer, and he assumed the role of CEO in April 2004. Since joining the Company, Mr. DeMarco has been instrumental in leading the Company's efforts to successfully transition from a commercial communication business via sale and disposition of assets, to build and grow, both organically and through strategic acquisition, a leading national security-focused technology, product and systems provider for the U.S. and its allies. Today, Kratos is recognized as an industry-leading provider of high performance, jet-powered unmanned aerial drone systems, space and satellite communications, microwave electronics, rocket systems for missile defense and hypersonic programs and C5ISR. Kratos is known as a technology company that rapidly develops, demonstrates and fields leading technology products and systems at an affordable cost. At Kratos, affordability is a technology. Prior to Kratos, Mr. DeMarco was the President and Chief Operating Officer of the Titan Corporation, which was later acquired by L-3. Under his leadership, Titan grew from approximately $150 million in annualized revenue to $1.5 billion, with a backlog of over $4 billion. Mr. DeMarco's efforts were instrumental in creating one of the largest government information technology companies in the United States. Before Titan, Mr. DeMarco served in a variety of public accounting positions primarily focusing on large multinational corporations and publicly traded companies. Mr. DeMarco has served as Chairman of the Board of Wavestream Corporation, a previous director of nLIGHT (NASDAQ: LASR) and currently serves on the Board of Directors of Kratos Defense & Security Solutions, Inc. Mr. DeMarco is also currently on the Executive Board and Board of Governors of the Aerospace Industry Association (AIA). He holds a Bachelor of Science, Business Administration and Finance, summa cum laude, from the University of New Hampshire.

William Hoglund
William Hoglund has served as a director since February 2001 and Chairman of the Board since June 2009. Mr. Hoglund has been a director and owner of SAFE Boats International, a leading manufacturer of vessels for military, law enforcement, and commercial purposes, since 2000. From 1994 to 2000, Mr. Hoglund served as Vice President and Chief Financial Officer of Eagle River, LLC, a private investment company. During his tenure at Eagle River, Mr. Hoglund served as a director of Nextel Communications, Inc. and Nextlink Communications, Inc. From 1977 to 1994, Mr. Hoglund worked for J.P. Morgan & Co. and several of its subsidiaries. Mr. Hoglund held a variety of positions in J.P. Morgan’s commercial and investment banking operations. Mr. Hoglund received a bachelor’s degree in Management Science and German Literature, cum laude, from Duke University and a master in business administration from the University of Chicago.

Scot Jarvis
Scot Jarvis has served as a director since February 1997. Mr. Jarvis co-founded Cedar Grove Partners, LLC in 1997, an investment and consulting/advisory partnership with a focus on wireless communications investments. Prior to co-founding Cedar Grove, Mr. Jarvis served as a senior executive of Eagle River, Inc., an investment firm owned by Craig McCaw. While at Eagle River he founded Nextlink Communications on behalf of McCaw and served on its board of directors. He has also served on the board of directors of Nextel Communications, NextG Networks, Inc., Leap Wireless, and Rootmetrics, Inc. From 1985 to 1994, Mr. Jarvis served in several executive capacities at McCaw Cellular Communications until it was sold to AT&T. Mr. Jarvis served on the board of directors of Vitesse Semiconductor from 2012 until its acquisition by Microsemi Corporation in April 2015. Mr. Jarvis currently serves on the board of directors of Airspan Networks (since 2011), MobiTV (since 2013), Spectrum Effect (since February 2018), and Slingshot Sports (since 1999). Mr. Jarvis is a venture partner with Oak Investment Partners, a multi-stage venture capital firm. Mr. Jarvis holds a bachelor’s degree in Business Administration from the University of Washington.

Jane Judd
Jane Judd has served as a director since January 2011. Prior to her retirement in 2006, Ms. Judd served as Senior Vice President, Chief Financial Officer, and a member of the board of directors of Telisimo International, a communications company, from May 1996 to November 2006. Prior to that, Ms. Judd was Vice President and Corporate Controller of The Titan Corporation from April 1986 to May 1996. Titan was a publicly-traded major national defense services and solutions provider before its acquisition by L-3 Communications in 2005. Ms. Judd is a Certified Public Accountant, and she received a bachelor’s degree from the University of Utah in 1976.

Samuel Liberatore
Samuel Liberatore has served as a director since January 2009. Prior to that time, Mr. Liberatore was the Chief Operating Officer for Madison Research Corporation, building it from approximately $3 million in annual revenues to $64 million, until its acquisition by Kratos in 2006, and was President of Kratos’ Weapon Systems Solutions (Madison Research) division until he retired in December 2008. Beginning in July 1994 and until June 2001, Mr. Liberatore served as Program Manager and lead engineer in support of the PAC-3 missile program for Madison Research Corporation. From 1989 to 1994, he served as Director of Ballistic Missile Defense of BDM International. Mr. Liberatore served for 30 years in the U.S. Army, where he held a variety of positions related to weapon system operations, research, development and acquisition before retiring as a Colonel in 1989. He holds a bachelor’s degree in Mathematics from Loyola College, Baltimore and a master’s degree in Guided Missile Engineering from the University of Texas, El Paso. In addition to normal operational and command assignments, Mr. Liberatore was the Project Manager for the HAWK missile system and Chief of Missiles and Air Defense Systems at Headquarters Department of the Army for the research, development, and acquisition of all U.S. Army missile and air defense systems.

Amy Zegart
Amy Zegart has served as a director since September 2014. Ms. Zegart is the Davies Family Senior Fellow at the Hoover Institution, a professor of political science (by courtesy) at Stanford University, and co-director and senior fellow at the Center for International Security and Cooperation, Freeman Spogli Institute for International Studies, Stanford University. Since January 2019, Ms. Zegart has served as a director, Audit Committee member, and Contracts Committee member for the board of The Capital Group (American Funds), a public company. Until 2011, she served as a professor of public policy at UCLA’s Luskin School of Public Affairs. An award-winning author, Ms. Zegart’s research examines the organizational challenges of American national security agencies, U.S. foreign policy, cybersecurity, and global political risk. For several years, she has co-taught a Stanford MBA course with Condoleezza Rice about how business leaders can manage political risk. Their co-authored book on the subject, Political Risk, was published in May 2018. Ms. Zegart served on the Clinton administration’s National Security Council staff and as a foreign policy adviser to the Bush- Cheney 2000 presidential campaign. She has testified before the Senate Intelligence Committee, provided training to the U.S. Marine Corps, and advised officials on intelligence and homeland security matters. From 2009 to 2011, she served on the National Academies of Science Panel to Improve Intelligence Analysis. She has served on the FBI Intelligence Analysts Association National Advisory Board, the Los Angeles Police Department’s Counter-Terrorism and Community Police Advisory Board, and the Secretary of Energy Advisory Board Task Force on Nuclear Nonproliferation. She is a lifetime member of the Council on Foreign Relations. Prior to her academic career, she was a management consultant at McKinsey & Company. A former Fulbright scholar, Ms. Zegart received an A.B. in East Asian studies magna cum laude from Harvard University and an M.A. and Ph.D. in political science from Stanford University.

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