Kratos Receives $23 Million Unmanned Aerial Drone System Production Award

SAN DIEGO, Jan. 08, 2018 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its Unmanned Systems Division (USD) recently received an approximate $23 million production award for a new high performance, jet powered unmanned aerial drone system which has been under development.  The majority of work to be performed under this new contract award is expected to be executed over the approximate next 12 months.  This contract award is the initial year’s production, with multiple years of additional annual production expected thereafter.  USD is an industry leader in the rapid design, development and fielding of affordable high performance jet powered unmanned aerial drone systems for tactical and threat representation target purposes.  Work under this program will be performed at secure Kratos production facilities and at customer locations.  Due to customer related, competitive and other considerations, no additional information will be provided related to this program or contract award.

Steve Fendley, President of Kratos Unmanned Systems Division, said, “All of Kratos USD is proud and excited to have achieved this initial production milestone with this extremely important customer. USD is the recognized leader in high performance jet powered unmanned aerial drone systems, and this aircraft is another leading edge of technology example.”

Eric DeMarco, President and CEO of Kratos, said, “Since 2012, when we completed our last major acquisition at Kratos, we have successfully integrated acquired businesses into a technology, intellectual property, and product based Company, while also investing in core focus areas including high performance unmanned aerial drone aircraft.  We are now completing investments on a number of these new UAS platforms and entering production, which we expect will be key contributors to future increases in revenue, profit, cash flow and overall Kratos shareholder value.  We are confident that Kratos’ ability to rapidly develop, demonstrate and field technology rich, affordable systems is a demonstrated key differentiator for our Company.”    

About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops transformative, affordable technology for the Department of Defense and commercial customers. Kratos is changing the way breakthrough technology for these industries are brought to market through proactive research and a streamlined development process. Kratos specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, training and combat systems. 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 25, 2016, 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

Investor Information:
877-934-4687
investor@kratosdefense.com

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Source: Kratos Defense & Security Solutions, Inc.

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Kratos Receives Single Award $93 Million Contract for High Performance Unmanned Aerial Drone Systems

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SAN DIEGO, Jan. 02, 2018 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its Composite Engineering, Inc., subsidiary located in Roseville, California, part of Kratos Unmanned Systems Division (USD) was awarded a $93 million firm-fixed-price contract to procure advanced subscale aerial drone systems, an unmanned target aircraft with launchers and associated ground equipment and spares. Bids were solicited via the internet with one received. Work locations and funding will be determined with each order, with an estimated completion date of Dec. 17, 2022. U.S. Army Contracting Command, Orlando, Florida, is the contracting activity (W900KK-18-D-0010).  Kratos is a leading provider of high performance jet powered unmanned aerial drone systems for tactical and target drone threat representation missions.  Work under this recent contract award will be performed at secure Kratos manufacturing facilities and at customer locations.  Due to competitive, customer related and other considerations, no additional information will be provided related to this contract award.

Steve Fendley, President of Kratos Unmanned Systems Division, said, “We are proud to have been selected by this critically important national security customer for this single award production contract. The receipt of this contract is an outstanding ending to 2017 for our entire team, which has worked tirelessly to position KUSD as the preeminent provider of the highest performance unmanned aerial drone systems in the world.”

Eric DeMarco, President and CEO of Kratos, said, “The receipt of this $93 million contract award for Kratos unmanned aerial drone systems is another important milestone in the successful execution of our strategy in building the leading high performance UAS Company in the world.  Over the past several years we have made significant investments to position Kratos as a leading technology and system provider in national security, and we expect additional important production program awards in the future as a result of these investments.” 

About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops transformative, affordable technology for the Department of Defense and commercial customers. Kratos is changing the way breakthrough technology for these industries are brought to market through proactive research and a streamlined development process. Kratos specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, training and combat systems. 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 25, 2016, 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

Investor Information:
877-934-4687
investor@kratosdefense.com

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Source: Kratos Defense & Security Solutions, Inc.

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Kratos Receives $27 Million Single Award IDIQ Unmanned Drone Systems Contract from U.S. Government Agency

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SAN DIEGO, Dec. 18, 2017 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its Unmanned Systems Division (USD) recently received a single award IDIQ contract, with a $27 million ceiling, from a U.S. Government Agency related to unmanned drone systems.  USD is an industry leader in the rapid design, development and fielding of affordable high performance jet powered unmanned aerial drone systems for tactical, combat and target applications. Work under this contract will be performed at secure Kratos facilities and at government locations.  Due to competitive, customer related and other considerations, no additional information will be provided at this time.

Steve Fendley, President of Unmanned Systems Division, said, “This recent contract award is another important milestone in the successful execution of the unmanned systems strategy that we set years ago.  All of Kratos’ Unmanned Systems Division is proud to support this important National Security customer.”

Eric DeMarco, President and CEO of Kratos, said, “Kratos’ Unmanned Systems Division continues to successfully execute its business plan as demonstrated by this most recent contract award, and with our recent participation in Formidable Shield 17, where a number Kratos unmanned target drone and ballistic missile targets performed successfully.  Additionally, USD remains in pursuit of several other large program opportunities which we are hopeful of receiving over the next several weeks.”

About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops transformative, affordable technology for the Department of Defense and commercial customers. Kratos is changing the way breakthrough technology for these industries are brought to market through proactive research and a streamlined development process. Kratos specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, training and combat systems. 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 25, 2016, 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

Investor Information:
877-934-4687
investor@kratosdefense.com

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Source: Kratos Defense & Security Solutions, Inc.

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Kratos Receives $3.3 Million in Unmanned Aerial Drone and Electronic System Contract Awards

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SAN DIEGO, Dec. 14, 2017 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that it has recently received $3.3 million in unmanned aerial drone and electronic system contract awards.  Kratos is an industry leader in the rapid design, demonstration and fielding of affordable unmanned aerial drone systems for tactical, combat and target applications, related ground control systems and microwave electronics.  Work on these recent contract awards will be performed at secure Kratos manufacturing facilities.  Due to competitive, customer related and other considerations, no additional information will be provided related to these contract awards.  

Eric DeMarco, Kratos President & CEO, said, “Kratos today, across our company is supporting numerous unmanned aerial drone system programs in both the tactical and target system areas, as well as critical microwave electronics programs, and we are committed to supporting these important customers.”

About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops transformative, affordable technology for the Department of Defense and commercial customers. Kratos is changing the way breakthrough technology for these industries are brought to market through proactive research and a streamlined development process. Kratos specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, training and combat systems. 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 25, 2016, 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  
   
Investor Information:  
877-934-4687  
investor@kratosdefense.com  
   

 

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Source: Kratos Defense & Security Solutions, Inc.

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Florida Automated Vehicles Summit Connects Autonomous Vehicle Industry Leaders from Around the Globe

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The 2017 Florida Automated Vehicles (FAV) Summit brought hundreds of thought leaders, policymakers, and engineers from around the world.

Tampa, FL — (ReleaseWire) — 11/20/2017 –The 2017 Florida Automated Vehicles (FAV) Summit held November 14-15 in Tampa Florida brought together hundreds of thought leaders, policymakers, and engineers from around the world to not only showcase and discuss new technologies and policy issues. The FAV Summit provided a forum to conceptualize new ideas and for partnerships to be created.

At the 2017 FAV Summit, Kratos Defense Unmanned Systems Division in partnership with Royal Truck and Equipment demonstrated the Autonomous Truck Mounted Attenuator (ATMA) to an international audience. Representatives from Chevron Traffic Services, Auckland, New Zealand, and Washington State DOT both rode in the autonomous vehicle as it performed a “Leader-Follower” operation. Leader-Follower operation is where a human-driven lead vehicle transmits navigation data through a Vehicle to Vehicle (V2V) wireless communication link to the driverless ATMA which utilizes the transmitted information to navigate its intended path completely unmanned.

The ATMA, also known as the Autonomous Impact Protection Vehicle (AIPV), is a first-of-its-kind work zone vehicle designed to advance safety for roadway maintenance crews. Customarily positioned behind road construction crews to protect workers from the traveling public, the ATMA/AIPV increases work zone safety by removing the driver from a truck designed as a mobile crash barrier.

The idea of the ATMA/AIPV was initially conceived at the Florida Automated Vehicles Summit three years ago and has since been deployed in Colorado, in partnership with Colorado Department of Transportation (CDOT), as well as in the United Kingdom, in partnership with Colas Ltd.

“The Florida Automated Vehicles Summit has always been a great venue for networking with industry stakeholders and the sharing of ideas to advance the future of transportation,” said Maynard Factor, the Director of Business Development for the Kratos Defense Unmanned Systems Division. “We are excited to see the idea of the ATMA/AIPV become a reality and proud that we can contribute to advancing the safety of roadside workers worldwide with our driverless technology.”

According to the Federal Highway Administration FHWA, in work zones in 2015, there was a crash every 5.4 minutes, 70 crash-related injuries every day, and 12 crash-related fatalities every week. Aligning with the FHWA vision of – zero deaths and serious injuries on the Nation’s roadways, the ATMA/AIPV developed by Kratos Defense is quickly becoming a game-changing solution for contributing to this vision by improving safety and efficiency in the work zone.

About Kratos Defense Security Solutions
Kratos Defense & Security Solutions, Inc. develops transformative, affordable technology for the Department of Defense and commercial customers. Kratos is changing the way breakthrough technology for these industries is brought to market through proactive research and a streamlined development process. Kratos specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, training and combat systems.

For more information about the company, http://www.kratosusd.com/.

About Florida Automated Vehicles (FAV) Summit
Brings industry leaders together to address technologies, operations, and policy issues of automated, connected, electric and shared (ACES) mobility, operations, law, infrastructure, functional design, cyber security, ethics, aftermarket products, enabling technologies, and public policy. The FAV Summit showcases live connected and automated technologies which provide a visualization of the positive impacts these technologies will have on Florida roadways. The FAV Summit is hosted by Tampa Hillsborough Expressway Authority, Center for Transportation Research at USF and FDOT.

Learn more about the FAV Summit, https://FAVSummit.com.
Media Relations Contact
Maynard Factor
Kratos Defense Unmanned Systems Division
850-461-4457
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Kratos Mako Tactical UAS Completes Successful Flight Tests

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Kratos Mako Tactical UAS

Kratos Defense & Security Solutions has announced that it has recently completed a UTAP-22 Mako Unmanned Aerial System (UAS) multi-UAS demonstration mission as part of a larger military exercise. The multi-UAS demonstration leveraged the recent test flight series previously conducted in preparation for this integrated operational demonstration, which featured a range of Mako’s multi-UAS autonomous capabilities. Mako capabilities demonstrated included manned/unmanned collaborative operations and the latest mission payload set capability to introduce the operational utility of the Mako into a larger scale exercise.

Steve Fendley, Kratos Unmanned Systems Division President, said, “We first flew the UTAP-22 Mako UAS at the end of 2015 in a series of successful flights, demonstrating the performance characteristics and capabilities of this high performance tactical unmanned aerial system. Since those initial flights, we have made incredible progress as evidenced by these most recent, multiple, successful flights this year, including Mako muti-UAS loyal wingman capabilities. We expect the capability expansion, utilization and success of the Mako to continue to progress into the future, and are committed to further advancing this high performance system as we move forward.”

Kratos Receives $14.5 Million in Unmanned Aerial Drone System Contract Awards

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Kratos to Deliver Eight Unmanned Aerial Drone Systems to National Security Customers

SAN DIEGO, Oct. 31, 2017 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider announced today that it has recently received $14.5 million in contract awards for eight high performance, jet powered unmanned aerial drone systems, communication, ground control and related systems from certain National Security related customers.  Kratos is a leading provider of high performance jet powered unmanned aerial drone systems for tactical and adversarial target, threat representation purposes.  The work under these recent contract awards will be performed at secure Kratos manufacturing facilities.  Due to competitive, customer related and other considerations, no additional information will be provided related to these contract awards.

Eric DeMarco, President & CEO of Kratos, said, “Unmanned systems, autonomy and related artificial intelligence are strategic focus areas for our Company, as well as state of the art ground control systems, communication and data links.  These recent contract awards with these customers are representative of the continued successful execution of our strategy to be a leader in innovating, rapidly designing and fielding affordable systems in the unmanned systems market space.”

About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops transformative, affordable technology for the Department of Defense and commercial customers. Kratos is changing the way breakthrough technology for these industries are brought to market through proactive research and a streamlined development process. Kratos specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, training and combat systems.  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 25, 2016, 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

Investor Information:
877-934-4687
investor@kratosdefense.com

Source: Kratos Defense & Security Solutions, Inc.

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“Kratos Deploys the World’s First Autonomous Vehicle Utilized in Live Operation on Public Roadways”

 

SAN DIEGO, Sept. 18, 2017 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that Micro Systems, Inc., a part of its Unmanned Systems Division (USD), in partnership with Colorado Department of Transportation (CDOT), Royal Truck and Equipment, and Colas Ltd, has deployed the World’s First autonomous vehicle approved and supporting live roadway operation in Colorado (https://www.youtube.com/watch?v=N-GkbFXq3Ts). The Autonomous Impact Protection Vehicle (AIPV), also known as the Autonomous Truck Mounted Attenuator (ATMA), is a first-of-its kind work zone vehicle designed to advance safety for roadway maintenance crews. Customarily positioned behind road construction crews in order to protect workers from the traveling public, the AIPV/ATMA increases work zone safety by removing the driver from a truck actually designed as a mobile crash barrier.

“Just in the last four years, there have been 26 incidents where a member of the traveling public struck a CDOT impact protection vehicle — that’s almost seven per year,” said Shailen Bhatt, CDOT Executive Director. “This is a dangerously high number when you consider that in some instances, a CDOT employee is sitting in the driver’s seat of the vehicle that was hit. By using self-driving technology, we’re able to take the driver out of harm’s way while still effectively shielding roadside workers. Our partnership with Kratos proves that technology can take transportation safety to a new level and forever improve the way we work.”

The autonomous technology was originally developed by Kratos to support Robotic and Autonomous System (RAS) objectives for the US Army and has been leveraged into this non-military commercial application. The system incorporates a Leader/Follower configuration utilizing a vehicle automation retrofit kit that enables the unmanned AIPV/ATMA to follow a human-driven leader vehicle mimicking position, speed, and heading. Retrofitting the vehicles with the Kratos automation kit allows the customer to use their existing fleet of vehicles providing a highly cost effective solution. In addition to the Colorado deployment of the AIPV/ATMA, Kratos has systems currently undergoing trials in the UK with Colas Ltd. According to the Federal Highway Administration, in work zones in 2015, there was a crash every 5.4 minutes, 70 crash-related injuries every day, and 12 crash-related fatalities every week, which makes the AIPV/ATMA a potentially game-changing solution for improving safety and efficiency in the work zone. 

Kevin Ferguson, Sr. VP of Kratos’ Micro Systems, Inc., said, “Kratos is focused on rapidly designing, demonstrating, and fielding the highest performance unmanned systems in the world, and we are very proud to be working with this important customer on this next generation roadway construction system.”

About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops transformative, affordable technology for the Department of Defense and commercial customers. Kratos is changing the way breakthrough technology for these industries is brought to market through proactive research and a streamlined development process. Kratos specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, training and combat systems. 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 25, 2016, 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

Investor Information:
877-934-4687
investor@kratosdefense.com

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Source: Kratos Defense & Security Solutions, Inc.

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CDOT and Partners Deploy World’s First Self-Driving Work Zone Vehicle

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Autonomous Vehicle Designed to Be Hit to Protect Road Workers

Fort Collins, CO (PRWEB) August 18, 2017

The Colorado Department of Transportation (CDOT) today unveiled a first-of-its kind work zone vehicle designed to advance safety for roadway maintenance crews. Customarily positioned behind road construction crews in order to protect workers from the traveling public, the Autonomous Impact Protection Vehicle (AIPV) increases work zone safety by removing the driver from a truck that is actually designed to be hit.

CDOT and a host of partners showcased the AIPV in action without a driver behind the wheel during a live roadway striping operation in Fort Collins, Colorado. As part of its RoadX program, CDOT and partners at Colas UK, Royal Truck & Equipment and Kratos Defense and Security Solutions, adapted military technology for use in the AIPV that uses a rear-mounted attenuator (or crash cushion) to absorb or deflect vehicles that cross into work zones.

To view video of the AIPV in Colorado, visit http://bit.ly/AIPVbroll.
To view video of the AIPV in the United Kingdom, visit bit.ly/2wfk0GN.
To download video footage and photos of the AIPV in Colorado, visit bit.ly/AIPVCDOT.

“Just in the last four years, there have been 26 incidents where a member of the traveling public struck a CDOT impact protection vehicle — that’s almost seven per year,” said Shailen Bhatt, CDOT Executive Director. “This is a dangerously high number when you consider that in some instances, a CDOT employee is sitting in the driver’s seat of the vehicle that was hit. By using self-driving technology, we’re able to take the driver out of harm’s way while still effectively shielding roadside workers.”

Between 2000 and 2014, Colorado has seen 21,898 crashes and 171 fatalities in work zones. According to the Federal Highway Administration, in work zones in 2015, there was a crash every 5.4 minutes, 70 crash-related injuries every day, and 12 crash-related fatalities every week. The AIPV is designed to reduce these numbers by using technology to mimic the position, speed and direction of a lead vehicle that transmits a signal to the trailing driverless vehicle, ensuring the AIPV is always correctly positioned between roadway workers and live traffic.

“Today’s demonstration proves that technology can take transportation safety to a new level and forever improve the way we work,” Bhatt said.

Prior to today’s live roadway operation, CDOT conducted extensive testing of the AIPV’s emergency stopping and obstacle detection systems. Testing also confirmed the vehicle’s ability to stay in its lane and make tight turns.

CDOT’s partnership with Colas UK, Royal Truck & Equipment, and Kratos Defense was pivotal in deploying this technology. Colas, a private company that provides civil engineering, maintenance and construction services in the United Kingdom, is testing the same technology for use in work zones, and is sharing test methods and lessons learned with CDOT. Royal Truck & Equipment built the AIPV using the latest technology, including the industry’s largest variable message board mounted to the truck. Kratos Defense designed the hardware and software needed to provide the driverless capability to the AIPV.

To see the AIPV in action, view the livestream of the demonstration at CDOT’s Facebook page (facebook.com/coloradodot) or YouTube page (youtube.com/cdotmedia).

“We are dedicated to advancing health and safety issues and will continue to invest in cutting-edge research and development projects to benefit our employees, clients and the wider industry,” said Lee Rushbrooke, Colas CEO. “We are extremely excited about this new technology and are looking forward to giving this a global reach to save lives of road workers across the world.”

“The partnership opportunity between Colas Ltd and Colorado DOT that Royal Truck & Equipment has been given to launch this new autonomous technology is unparalleled,” said Rob Roy, President of Royal Truck & Equipment. “We know autonomous impact protection vehicle will change the safety standards in this industry, and these passionate partners will help advance the cause.”

“The primary objective of the Kratos Defense Unmanned Systems Division has always been to develop advanced robotic and autonomous systems utilized to ensure the safety of the Warfighter by eliminating the need for them to perform dull, dirty, and often dangerous tasks,” said Maynard Factor of Kratos Defense and Security Solutions. “Partnering with Royal Truck & Equipment, CDOT and Colas to leverage the technology we originally developed for the U.S. Military to now serve the road construction industry and enhance safety in the work zone is a great achievement and we are proud to be a part of the team.”

RoadX is CDOT’s bold vision and commitment to being a national leader in using innovative technology to create travel in Colorado that’s free of crashes, injuries and delays. To learn more about this rapid, fast-paced venture to transform our aging transportation system, visit roadx.codot.gov.

Next Evolution of the Kratos Mako Tactical Unmanned Aerial Drone System Completes Successful Flight Test Series

SAN DIEGO, Aug. 10, 2017 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider recently completed a flight test series evaluating the next evolution of the UTAP-22 Mako Unmanned Aerial System that was first introduced and demonstrated in late 2015.  The Mako has been enhanced with a suite of mission systems typically employed on manned aircraft and now integrated with the unmanned Mako drone system.  By combining the Mako’s autonomous capabilities previously demonstrated through single UAS, multi-UAS, and manned/unmanned collaborative operations with the latest mission set capability, the operational utility of the Mako is now established at the next level.
For information on the introduction of the system and corresponding flight tests, see the Kratos Press releases regarding, “UTAP-22” from December 2015.

About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops transformative, affordable technology for the Department of Defense and commercial customers. Kratos is changing the way breakthrough technology for these industries are brought to market through proactive research and a streamlined development process. Kratos specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, training and combat systems.  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 25, 2016, 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

 

Investor Information:

877-934-4687

investor@kratosdefense.com

 

Source: Kratos Defense & Security Solutions, Inc.

 

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