SAN DIEGO, May 13, 2020 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that it had been awarded a $4.9 million contract to modernize the infrastructure and systems that interconnect the Air Force Satellite Control Network (AFSCN) sites under the AFSCN Network Edge Transport System (ANETS) program. The ANETS system will enable the AFSCN to meet the growing needs of its user community.
“Kratos is deeply experienced with the AFSCN, having provided services to support the AFSCN in the past,” said Mike Rice, Vice President of Kratos Space Federal SATCOM & Ground Systems. “The new ANETS system will enable the AFSCN to more efficiently scale to meet the increasing demands from AFSCN users.”Kratos will provide CACI, the prime contractor for this program, and the government a modular, low-risk, turnkey, integrated solution based on mature Commercial Off-the Shelf (COTS) technology. The solution will be comprised of two systems: Wide Area Network Interface Function (WANIF) and a Wide Area Network (WAN) Resource Manager (WRM) system. Kratos will supply the WANIF units, based on a highly modular and scalable design, to interconnect AFSCN sites. The WANIF units utilize Kratos’ cutting edge technology that provides protection against data loss during IP network transport. Kratos will also supply the WRM, which is based on COTS software applications running on COTS hardware (dedicated servers or private cloud), to proactively manage and control the WANIF units that are deployed globally. The WRM encompasses Kratos’ suite of network management and control products for terrestrial and enterprise network operations, satellite networks and network devices.About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. Kratos specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. 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 29, 2019, 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
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