SAN DIEGO, Aug. 10, 2011 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its Public Safety & Security Solutions Division has recently been awarded a contract to install a state-of-the-art surveillance and security system at a high priority critical infrastructure transportation site in the United States. The security system deployment will include a specialized thermal imaging camera system for a major U.S. rail facility.
The security system design includes solar-powered thermal imaging cameras deployed at various sites and locations throughout the transit network and infrastructure and includes a wireless IP radio system for the integration of security system communications elements with a centralized command and control location. The command and control center also includes specialized video management software. This critical infrastructure networks security and rail operations personnel will utilize the thermal imaging system to view and monitor virtually every facility location within the network, including remote dispatch centers. The program was funded in part with Department of Homeland Security funds.
Kratos has also recently been selected as the provider for the next phase of this security system network deployment, which will include additional thermal imaging cameras and capabilities, specialized high resolution IP pan/tilt and zoom cameras, solar power technology and secure IP radio communications gear.
Additionally, Kratos was recently selected to provide design, engineering, deployment and integration work for a separate but related rail system security infrastructure program. Under this program, Kratos is designing a very specialized security and surveillance system for additional transportation network security, including security coverage for certain tunnels. This security system program deployment includes thermal imaging cameras, software and fiber optics IP communications gear. Due to certain customer related and other sensitivities, no additional information is provided for these contract awards.
“We are extremely pleased to be supporting DHS initiatives to provide security and emergency communications for our country’s critical infrastructure. Kratos’ dedicated team of security engineers specializes in designing tailored security solutions, supporting the installation of both hardware and software, and ensuring ongoing maintenance and support throughout the lifecycle,” said Ben Goodwin, President of Kratos Public Safety & Security Solutions.
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a specialized National Security technology business providing mission critical products, services and solutions for United States National Security priorities. Kratos’ core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs. Kratos’ areas of expertise include Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance (C5ISR), unmanned systems, cyber warfare, cyber security, information assurance, critical infrastructure security and weapons systems sustainment. Kratos has primarily an engineering and technical oriented work force of approximately 4,100, many of which hold an active National Security clearance, including Secret, Top Secret and higher. The vast majority of Kratos’ work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos’ primary end customers are United States Federal Government agencies, including the Department of Defense, classified agencies, intelligence agencies and Homeland Security related agencies. News and information are available at www.KratosDefense.com.
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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, including, without limitation, risks related to contract performance, government funding, and cutbacks in government spending. 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. 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 26, 2010, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.
CONTACT: Press Contact: Yolanda White 858-812-7302 Direct Investor Information: 877-934-4687 investor@kratosdefense.com
Source: Kratos Defense & Security Solutions, Inc.
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