Kratos Receives $4.3 Million Single Award Contract to Support the Program Manager United States Marine Corps Counter Radio-Controlled Improvised Explosive Device Electronic Warfare Biometrics Programs
Contract Includes $1.3 Million Base Award and Options Through 2015 Valued Up to an Additional $3 Million
SAN DIEGO, Feb. 21, 2013 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its Defense Rocket Support Service division's Technical Services business unit won the contract to provide acquisition, financial, logistics, training, technical, program management and administrative support to the Program Manager United States Marine Corps Counter Radio-Controlled Improvised Explosive Device (RCIED) Electronic Warfare (PM USMC CREW) Biometrics Programs.
PM USMC CREW Biometrics Programs include the Biometrics Automated Toolset (BAT), the Identity Dominance System Marine Corps (IDS-MC), the Biometrics Enrollment Screening Device (BESD), the Handheld Interagency Identity Detection Equipment (HIIDE) and the BAT server. Kratos will also support Biometrics training, which is conducted by the Tactical Training Exercise Control Group (TTECG) and the Marine Corps Tactics and Operations Group (MCTOG) at the Marine Air Ground Task Force Training Command (MAGTFTC) in MCB 29 Palms, California.
TTECG primarily supports the Enhanced Mojave Viper exercises (EMV) during which Marine Battalions are evaluated and trained in biometric Tactics, Techniques, and Procedures (TTP). EMV serves as the final training and evaluation site for USMC forces preparing for deployment in support of Operation Enduring Freedom (OEF). MCTOG supports the Spartan Resolve and Spartan Advance exercises and the Attack the Network biometrics training requirements. The Biometrics contract will be managed by Mr. Raul Torres at Kratos' Quantico Operations Office, which is located in Stafford, VA.
Mr. Joseph McGettigan, Vice President of Kratos Technical Services, said, "We look forward to providing top-notch services to the United StatesMarine Corps Biometrics Programs. Kratos and our subcontractors, BAE Systems, Inc. and Patricio Enterprises, Inc., have talented people to effectively support all contract requirements."
Mr. David Carter, President of DRSS, said, "This award is an indication of the Kratos team's reputation for providing quality services and hard work in support of USMC programs."
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a specialized National Security technology business providing mission critical products, services and solutions for United States National Security. Kratos' core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs. Kratos' areas of expertise include Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance (C5ISR), satellite communication systems, unmanned systems, cyber warfare, cybersecurity, information assurance, and critical infrastructure security. Kratos has primarily an engineering and technically oriented work force of approximately 4,400. The vast majority of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos' primary end customers are National Security related agencies. News and information are available at www.KratosDefense.com.
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, including risks related to product failure, general economic conditions and cutbacks in spending. 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. 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, 2011, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.