Search Results for: kratos

Kratos Releases Quarterly Financial Results; DeMarco Comments

Kratos Defense & Security Solutions (NYSE: KTOS) reported its second quarter fiscal year 2011 financial results on August 4. The company reported quarterly revenues of $171.1 million, up 72.6 percent over second quarter 2010 revenues of $99.1 million Adjusted EBITDA of $22.7 million was up 146.7 percent year-over-year from $9.2 million. …

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Kratos Completes Acquisition of Integral Systems; DeMarco Comments

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) has completed its acquisition of Integral Systems, Inc. by reverse merging a wholly-owned subsidiary with and into Integral. Each outstanding share of Integral common stock has converted into the right to receive $5 cash and 0.588 shares of Kratos common stock. Intergral shares will no …

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Kratos to Provide Systems Engineering and Program Management for Naval Surface Combat Fleet

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) has won a $15, 165, 201 contract modification to provide professional support services to the Office of the Chief of Naval Operations. Kratos will provide systems engineering, program management and financial management support for the Naval surface combat fleet at the Pentagon, Navy Annex, …

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Kratos Wins Army Order for Black Hawk Avionics Trainer

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) has received an order for its Black Hawk Avionics Trainer to support the training of maintenance personnel for the UH-60M U.S. Army Aviation Logistics School in Ft. Eustis, Va. The trainer provides a true-to-life environment for training and evaluating utility helicopter service personnel. …

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Kratos to Provide Army With R&D Capabilities for Advanced Weapons, Fluid Dynamics and More

The U.S. Army has awarded Kratos’ (NASDAQ: KTOS), Digital Fusion subsidiary, Huntsville, Ala., a $23, 088, 850 cost-plus-fixed-fee contract. Kratos will provide the Army with research, development, modeling and simulating capabilities. The contract will support innovative and comprehensive R&D efforts in modeling and simulation, computational fluid dynamics, aerodynamic heating and advanced …

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Kratos Completes Unannounced DHS Contracts to Protect Critical Infrastructure and Water Supplies

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) has integrated specialized security and surveillance systems into command and control infrastructure at critical U.S. instrastructure locations to fulfill Department of Homeland Security Critical Infrastructure Key Resources program contracts. The work may have been for contracts from other agencies, as well. Specific customers, locations and other contract …

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FTC Expedites Kratos’ Acquisition of Integral Systems

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) has cleared a hurdle in its acquisition of Integral Systems Inc. (NASDAQ: ISYS). The Federal Trade Commission has granted early termination of the waiting period of Hart-Scott-Rodino Antitrust Improvements Act of 1976. Each company’s stockholders must now approve the acquisition terms and the companies must …

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Integral Systems, Kratos Subsidiary to Merge under $266 Million Agreement

Global satellite services provider Integral Systems, Inc. (NASDAQ-ISYS), announced it will merge with a subsidiary of Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) for cash and stock at an enterprise value of approximately $266 million. Kratos provides engineering and information technology services and solutions for U.S. national security priorities. In …

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Hensel Phelps Wins $92M to Build Air Force’s GBSD Mission Integration Hub

ICBM

Hensel Phelps has won a $91.8M contract from the U.S. Army Corps of Engineers to help establish a facility at Hill Air Force Base in Utah for integrating the future intercontinental ballistic missile system. The project to build the integration hub for the Ground Based Strategic Deterrent mission drew nine bids, the Department of Defense said Wednesday.

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