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Tag Archives: Kratos Defense & Security Solutions

Kratos Offers Spectral Services to Support Gov’t Space Situational Awareness

TYSONS CORNER, VA, April 16, 2018 — Kratos Defense and Security Solutions (Nasdaq: KTOS) now offers spectral support services in a bid to bolster the federal government’s space situational awareness, ExecutiveBiz reported Friday. Its spectral services group is geared to provide radio-frequency signal data to enable government agencies and other satellite operators …

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State Dept OKs $250M Military Education, Training Support Deal With Saudi Arabia

The State Department has given Saudi Arabia the green light to acquire professional military education, English language training assistance and technical training support under a potential $250 million foreign military sales agreement. Saudi Arabia’s navy blanket order program for training services also covers technical documentation, logistics, program support and contractor and U.S. …

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Kevin Walden Promoted to Kratos CIO; Eric DeMarco Comments

Kevin Walden,  acting chief information officer and director of information compliance and enterprise applications at Kratos Defense & Security Solutions (Nasdaq: KTOS), has been promoted to serve as CIO on a full-time basis. Walden will manage company-wide information security and compliance,  data communications and other information technology functions in his new role, …

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Navy Taps 4 Firms for Systems Engineering, Logistics Support Contracts

Science Applications International Corp. (NYSE: SAIC), Booz Allen Hamilton (NYSE: BAH), G2 Software Systems and Kratos Defense & Security Solutions (Nasdaq: KTOS) have won separate contracts to provide technical support services for the U.S. Navy. Each of the three-year, multiple-award contracts contains two option years, the Defense Department said Monday.   SAIC …

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Ultra Electronics Closes Buy of Kratos’ US, UK Electronic Products Business

British manufacturing conglomerate Ultra Electronics Holdings has completed its purchase of Kratos Defense & Security Solutions‘ (Nasdaq: KTOS) U.S. and U.K. electronic products business for $260 million in cash and $5 million in taxes incurred. Kratos said Monday its net cash proceeds from the transaction are $232.4 million after a $2 million escrow for purchase price adjustments, a $7.6 million working capital …

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Rakesh Sharma: Ultra Electronics to Buy Kratos Division in EW Market Push

Britain-based conglomerate Ultra Electronics has agreed to purchase Kratos Defense & Security Solutions‘ electronic products division for up to $265 million in cash in order to push further into the electronic warfare market. Ultra said Monday Kratos will receive $260 million upfront and up to $5 million in potential additional payments under the …

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Kratos Lands Satcom Ground Equipment, Services Contracts

Kratos Defense & Security Solutions has won $40 million in contracts from three unnamed customers to provide ground-based satellite communication products and services. The orders are for satcom terminals, command and control systems, and related support, Kratos said Tuesday. San Diego, California-based Kratos also offers satellite and terrestrial network management, …

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Jerry Beaman to Lead Kratos’ New Unmanned Systems Division; Eric DeMarco Comments

Jerry Beaman, formerly president of the unmanned combat aerial systems division at Kratos Defense & Security Solutions (NASDAQ: KTOS), has been appointed president of the newly created Kratos Unmanned Systems Division. The company said Thursday that Beaman, a retired U.S. Navy officer, will oversee the company’s programs in the unmanned aerial, seaborne, ground-based, drone and …

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Gerald Beaman Named President of Kratos’ New Drone Division; Eric DeMarco Comments

Gerald Beaman, a retired U.S. Navy vice admiral and ex-FBI special agent, has been appointed president of the newly formed unmanned combat aerial systems division at Kratos Defense & Security Solutions (NASDAQ: KTOS). He brings 35 years of military experience to the role and will work to develop strategic programs in …

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