SAN DIEGO, Sept. 27, 2011 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that it has been named a 2011 Top Simulation & Training Company by Military Training Technology magazine. The company was selected by the editorial board as well as a panel of independent experts as a company that is quickly rising in the industry and is considered up-and-coming.
Kratos was presented the award in recognition of the research-based methodologies and techniques used to implement outcome-driven training solutions. Kratos specializes in developing custom training solutions that maximize the readiness and performance of Warfighters, workforces and adult learners, including:
- Building Full- and Part-Task training systems
- Developing computer-based training solutions including courseware, simulations, gaming, social learning and more
- Identifying manpower, personnel and training requirements and competency models to create training programs engineered to reach specific performance objectives
Phil Carrai, President of the Kratos Technology and Training Division, stated, “We are very pleased to receive this award from Military Training Technology. It is extremely gratifying to have the quality of our work recognized and a tribute to the creativity and dedication of our developers, designers, instructors, simulation and gaming experts, engineers and all the members of our training teams.”
Kratos provides numerous training solutions to the U.S. Army, U.S. Navy and other military services with a specific expertise in the areas of C5ISR systems operations and maintenance training for mission critical Warfighter platforms such as the UH-60 Black Hawk, CH-47F Chinook, AH-64A Apache, M2/M3A2 ODS Bradley, M270 Multiple Launch Rocket System (MLRS) and M147 High Mobility Artillery Rocket System (HIMARS). In addition, Kratos Learning Solutions provides technology-based training and learning support solutions to federal, state and local government agencies and to businesses.
About Kratos Technology & Training Solutions, Inc.
Kratos Technology & Training Solutions (KTTS) specializes in assuring the readiness, reliability and operational effectiveness of Warfighter and C5ISR systems by supplying Information Technology, Communications and lifecycle Training Solutions to its defense, government and commercial customers. KTTS helps organizations optimize their performance by improving training outcomes while reducing training time and costs, empowering a workforce that is fully equipped to maintain critical systems availability. Kratos defines, develops and delivers the optimal blend of media, from Computer-Based Training and game-based simulations to full-fidelity training systems, applying advanced workforce competency and instructional design capabilities so that organizations can meet and exceed mission performance goals. In Information Technology, KTTS develops, delivers and integrates products and services that assure the reliability, availability and security of mission-critical technology and communications infrastructure.
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), satellite communication systems, 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 3,900, many of whom 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 .
The Kratos Defense & Security Solutions, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3519
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, cutbacks in government spending, and general economic conditions. 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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