SAN DIEGO, Jan. 27, 2011 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that Fred Thomas has been promoted to Vice President of Operations for its Public Safety and Security (PSS) Division effective January 1, 2011. In this position, Mr. Thomas will report to Ben Goodwin, President of the Public Safety and Security Division and be responsible for overseeing all operational, programmatic, and customer overall development aspects of the PSS Division. Mr. Thomas' promotion supports Kratos' broader corporate strategy to expand its presence in the critical infrastructure, homeland security, surveillance and public safety market, which also included the recent acquisition of Henry Brothers Electronics in December 2010.
Mr. Thomas brings a wealth of experience to his new position. He joined Kratos in 2003 following the acquisition of Delmarva Systems Corporation, a leading security systems integrator Mr. Thomas founded with his father in 1981. Since the acquisition, Mr. Thomas has served as the Vice President and General Manager of Kratos Mid-Atlantic, Kratos' largest and most successful public safety and security region. He has almost 30 years experience as a security systems integrator developing and implementing solutions for a broad array of commercial and military clients.
Eric DeMarco, President and CEO, said, "Kratos has a standing policy of promoting from within, and providing our best and most valuable executives the opportunity to grow personally and professionally with the organization. Fred has been an instrumental asset in returning Kratos Public Safety and Critical Infrastructure Security business to profitability and a growth trajectory. I could not be happier for Fred, and prouder of him. I truly appreciate his efforts and dedication and look forward to his continued success."
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 has primarily 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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