SAN DIEGO, Oct. 6, 2008 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading national defense, information technology and homeland security solutions provider, today announced that its Madison Research Division has been awarded a contract from the U.S. Army on behalf of the Experimentation Division (EXP DIV), Capabilities Development Integration Directorate (CDID), Fort Gordon, GA. The contract has an 8-month base period plus 4 option-years with a total estimated potential value of approximately $10.3 million. This contract will support the EXP mission to provide Future Force Experimentation support to all TRADOC battle laboratories and proponents; execute battle command and branch proponent telecommunications experimentation, tactical and strategic telecom technology assessments and insertions activities; operate, manage and maintain the Battle Laboratory Collaborative Simulation Environment/Cross Command Collaborative Environment - Network Operations and Security Center (BLCSE/3CE NOSC); support the operation of the Network Service Center - Training (NSC-T) to support live force play in exercises and demonstrations; and operate and maintain the Wireless Evaluation Laboratory and Experimentation Environment (WELEE) to support evaluation of wireless technologies.
Kratos will provide network systems engineering and experimentation support for the U.S. Army Signal Center's EXP DIV. Experimentation support will include both analytical and systems engineering support in the planning, setup, design, accreditation, execution, data collection and formal written analysis of a variety of communications experiments. This support will include live experimentation of existing or prototype communications equipment and tactical networks and simulated experimentation of proposed communications solutions to support the Future Force. This support will also include the operation of the Battle Lab Collaborative Simulation Environment (BLCSE) and Network Service Center - Training (NSC-T) required to support the technology assessment and experimentation mission.
"We have strategically established a lead role in the area of Future Force simulation & experimentation which directly supports Army Transformation goals, helps to advance secure wireless tactical communications, and reduces risk to the Warfighter," said Richard Selvaggio, Senior Vice President of Kratos' Madison Research Division (MRD) in Huntsville, Alabama.
Dwayne Fulton, Director of Kratos-MRD Advanced Telecommunications Group in Augusta (Fort Gordon), Georgia added, "Kratos is proud to be one of the DoD's leading contractors providing the engineering and scientific skills required to validate telecom technologies and solutions needed to meet the future challenges of Signal Corps Transformation. Our employees provide cutting-edge solutions to solve the Warfighter's current and future tactical telecommunications network challenges, fully demonstrating our advanced innovative technical capabilities."
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) provides mission critical engineering, IT services and war fighter solutions for the U.S. federal government and for state and local agencies. Principle services include C5ISR, weapon systems lifecycle support, military weapon range and technical services, network engineering services, advanced IT services, security and surveillance systems, and critical infrastructure design and integration. The Company is headquartered in San Diego, California, with resources throughout the U.S. and at key strategic military locations. News and information are available at www.KratosDefense.com.
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Notice Regarding Forward-Looking Statements
This news release contains certain forward-looking statements including, without limitation, expressed or implied statements concerning the Company's expectations regarding the amount of revenues that will ultimately be derived from the Ft. Gordon Battle Laboratory contract and whether any additional work or task orders will be issued and the amount of revenues that will be derived from additional work or tasks, if issued. Such statements are only predictions, and the Company's actual results may differ materially. Factors that may cause the Company's results to differ include, but are not limited to: risks that work under the Battle Laboratory contract will curtail, change or terminate; risks that the new business, if or when issued, may not have the scope of work anticipated by the Company; risks that integration activities related to the recent SYS acquisition will prove more costly, take more time, or be more distracting than currently anticipated; risks that the transaction will cause disruption of the Company's operations and distraction of its management; risks of adverse regulatory action or litigation; failure to ultimately settle the litigation and/or to settle the related derivative suit; risks associated with debt leverage; risks that changes or cutbacks in spending by the U.S. Department of Defense may occur, which could cause delays or cancellations of key government contracts; failure to successfully consummate acquisitions or integrate acquired operations and competition in the marketplace which could reduce revenues and profit margins. The Company undertakes no obligation to update any forward-looking statements. These and other risk factors are more fully discussed in the Company's Annual Report on Form 10-K for the period ended December 31, 2007, the Company's Quarterly Report on Form 10-Q for the period ended June 29, 2008, and in other filings made with the Securities and Exchange Commission.