SAN DIEGO, June 9, 2009 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading national security, information technology and public safety solutions provider, today announced that the Company has secured a contract for network engineering and management services, and its flagship network management product, NeuralStar, to support a next generation collaboration network for an agency of the United States Federal Government. Neither the specific agency nor the financial terms were disclosed.
NeuralStar was selected because of its unique ability to provide situational awareness and ensure mission readiness by providing enterprise visibility and integrated security, fault, performance, and configuration event and analysis.
"We are excited agencies within the United States Federal Government are selecting NeuralStar to manage their mission critical infrastructure," said Phil Carrai, Executive Vice President of Kratos' Information Solutions division. "Agencies whose mission is increasingly being expanded to defend against cyber attacks while providing available and reliable wired, wireless, and satellite infrastructure are looking to NeuralStar and Kratos as their product and vendor to provide situational awareness for command and control of their cyber, network, and system operations."
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. Principal services include C4ISR, weapon systems sustainment, military weapon range operations and technical services, network engineering services, information assurance and cybersecurity solutions, security and surveillance systems, and critical infrastructure design and integration. The Company is headquartered in San Diego, California, with resources located throughout the U.S. and at key strategic military locations. News and information are available at www.KratosDefense.com.
The Kratos Defense & Security Solutions, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3519
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 market developments. 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 of adverse regulatory action or litigation; failure to ultimately settle ongoing litigation; 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 29, 2008, the Company's Quarterly Report on Form 10-Q for the period ended March 30, 2009, and in other filings made with the Securities and Exchange Commission.