SAN DIEGO, Jan. 25, 2011 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that the company's Ballistic Missile Defense (BMD) targets were used as part of the first live sea-based Aegis BMD test held on the East Coast. The test, held Saturday January 22nd, was part of Atlantic Trident 2011. Kratos provided rocket launch and engineering services and BMD targets under a previously awarded $100 million contract vehicle related to advanced rocket, propulsion, BMD and other National Defense programs.
During the test three Navy ships, the USS Monterey (CG 61), USS Ramage (DDG 61) and USS Gonzalez (DDG 66) all successfully tracked a short-range ballistic missile target that was launched from NASA's Wallops Island Flight Facility on Virginia's Eastern Shore. The target is part of the Aegis Readiness Assessment Vehicle (ARAV) family of targets specifically used to test the Aegis BMD system. Kratos' Rocket Support Services (RSS) Business Unit also provides the threat-simulating target nose tips for the ARAV-A, ARAV-B (used in this test) and ARAV-C target configurations, the Oriole rocket system which is part of the ARAV-B target, and electronic and aerodynamic hardware used on the ARAV-C booster.
In November 2010, Kratos and the entire ARAV Team was selected by the Missile Defense Agency (MDA) to receive the 2010 David Packard Excellence in Acquisition Award for the design, development, integration and launch of a family of cost-effective, flexible and reliable ballistic missile targets that replicate a wide range of ballistic missile threats. In addition to Kratos, the MDA ARAV Team is comprised of personnel from MDA Target and Countermeasures, Aegis Ballistic Missile Defense Program Office, Naval Surface Warfare Center's Port Hueneme Division White Sands Detachment, Dahlgren Division and Indian Head Division, Johns Hopkins Applied Physics Laboratory, New Mexico State University Physical Sciences Laboratory, Invocon, Inc. SecoTec, NewTech, Inc., ITT, and Northrop Grumman Corporation.
Aegis BMD is the sea-based mid-course component of the Missile Defense Agency's (MDA) Ballistic Missile Defense System (BMDS) and is designed to intercept and destroy short to intermediate-range ballistic missile threats. The Missile Defense Agency and the Navy have modified 21 Aegis BMD combatants (five cruisers and 16 destroyers). Of the 21 ships, 16 are assigned to the Pacific Fleet and five to the Atlantic Fleet. The Navy is anticipating increased demand in the future for Aegis Ballistic Missile Defense assets and expects to fund installations for nearly 60 cruisers and destroyers over the next 13 years, with all new DDG-51s getting the Aegis Ballistic Missile Defense system.
"We are especially pleased with this particular successful launch as it represents one of the first opportunities to support testing of the Aegis BMD system in a real-world operational environment," said George Baker, VP of Kratos' Rocket Support Services. Dave Carter, President of the Kratos' Defense Engineering Solutions Division noted, "The Kratos RSS team is proud to be a supplier of low-cost, effective targets for the Navy and MDA in support of Aegis. We are currently pursuing some exciting initiatives to provide targets which will provide similar performance and significant cost savings to other BMD Programs."
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a specialized National Security business providing mission critical products, services and solutions for United States National Security priorities. Kratos' core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs. Kratos' areas of expertise include C5ISR, unmanned systems, cyber warfare, cyber security, information assurance, critical infrastructure security and weapons systems sustainment. Kratos primarily has an engineering and technical oriented work force of approximately 3000, the majority of which hold an active National Security clearance, including Secret, Top Secret and higher. 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 United States Federal Government agencies, including the Department of Defense, classified agencies, intelligence agencies and Homeland Security related agencies. News and information are available at .
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Notice Regarding Forward-Looking Statements
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. 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 the Company 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 27, 2009, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.
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