SAN DIEGO, Feb. 3, 2011 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its Public Safety and Security (PSS) Division has been awarded a contract from the Port of Long Beach (POLB) to engineer, design, deploy and integrate a surveillance and monitoring system that will provide highly detailed views of the Gerald Desmond Bridge. The specialized surveillance and security system will be integrated with the POLB's command and control center, providing it the ability to access the status of the bridge in its entirety during normal operations and in the event of a crisis. The design will include digital cameras as well as Forward Looking Infrared (FLIR) thermal cameras which will continuously monitor the bridge from above and below.
This effort is a follow-on to a recent project where Kratos' wholly owned subsidiary Henry Bros. Electronics (HBE) installed security surveillance cameras at the POLB's state-of-the-art security command and control building to monitor and record shipping traffic within the Long Beach inner harbor. All of the specialized thermal imaging system and surveillance cameras will be integrated into a command and control based communication network. No additional information was provided on the contract award due to customer and competitive sensitivities.
The Port of Long Beach is one of the world's busiest seaports and a leading gateway for trade between Asia and the United States. The Port is the second busiest container port in the United States and ranks 18th internationally. The Port has an annual budget of $880 million and in 2009 moved more than $120 billion worth of goods. Kratos has specialized expertise in the design, engineering, deployment and integration of security systems to protect critical United States infrastructure.
"Kratos appreciates the opportunity to continue work for the Port of Long Beach. We are always thrilled to leverage our prior success to take on new programs such as this and to demonstrate capabilities to support the protection of U.S. borders and critical infrastructure," said Ben Goodwin, President of Kratos' Public Safety and Security Division.
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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