KTOS Kratos Defense & Security Solutions Inc.

Kratos Congratulates Stuart Daughtridge for His Nomination as Via Satellite’s 2023 Satellite Executive of the Year

Kratos Congratulates Stuart Daughtridge for His Nomination as Via Satellite’s 2023 Satellite Executive of the Year

Kratos’ Head of Advanced Technology is recognized for his leadership in advancing interoperability in the satellite industry

SAN DIEGO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in Defense, National Security and Global Markets, is pleased to congratulate Stuart Daughtridge, Kratos VP of Advanced Technology, on being named a finalist for Via Satellite’s 2023 Satellite Executive of the Year Award. Nominees are chosen based on their contributions to the global satellite markets, technologies, business practices, services, innovations, advocacy or any combination thereof.

Stuart is recognized for his role as Chairman and Director of the Digital Intermediate Frequency Interoperability Consortium (DIFI), an independent group dedicated to supporting interoperability in space communications. Stuart has led DIFI since its creation in 2021, guiding efforts that have already significantly impacted the industry. DIFI’s mission is to enable the digital transformation of space and satellite communications, including the development of an open, interoperable standard for network equipment. DIFI recently released version 1.2 of the DIFI Standard and counts over 60 member organizations, including well-known satellite companies as well as military and government organizations.

“Kratos is pleased that the industry has recognized Stuart for his leadership in advancing interoperability for the ground segment. As one of the founding members of DIFI, Kratos has already noticed a shift in the industry towards a more dynamic ground segment and will keep supporting the group’s efforts,” said Phil Carrai, President of Kratos’ Space, Training and Cybersecurity Division.

The winner of the 2023 Satellite Executive of the Year is determined by a combination of the Via Satellite editorial team and votes that come directly from industry. The public can vote for Stuart Daughtridge . Voting closes at noon ET on March 19. The winner will be announced at SATELLITE 2024 on Wednesday, March 20 at the Via Satellite Awards Luncheon.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) is a technology, products, system and software company addressing the defense, national security, and commercial markets. Kratos makes true internally funded research, development, capital and other investments, to rapidly develop, produce and field solutions that address our customers’ mission critical needs and requirements. At Kratos, affordability is a technology, and we seek to utilize proven, leading edge approaches and technology, not unproven bleeding edge approaches or technology, with Kratos’ approach designed to reduce cost, schedule and risk, enabling us to be first to market with cost effective solutions. We believe that Kratos is known as an innovative disruptive change agent in the industry, a company that is an expert in designing products and systems up front for successful rapid, large quantity, low cost future manufacturing which is a value add competitive differentiator for our large traditional prime system integrator partners and also to our government and commercial customers. Kratos intends to pursue program and contract opportunities as the prime or lead contractor when we believe that our probability of win (PWin) is high and any investment required by Kratos is within our capital resource comfort level. We intend to partner and team with a large, traditional system integrator when our assessment of PWin is greater or required investment is beyond Kratos’ comfort level. Kratos’ primary business areas include virtualized ground systems for satellites and space vehicles including software for command & control (C2) and telemetry, tracking and control (TT&C), jet powered unmanned aerial drone systems, hypersonic vehicles and rocket systems, propulsion systems for drones, missiles, loitering munitions, supersonic systems, space craft and launch systems, C5ISR and microwave electronic products for missile, radar, missile defense, space, satellite, counter UAS, directed energy, communication and other systems, and virtual & augmented reality training systems for the warfighter. For more information, visit

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 Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. 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 31, 2023, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.



Press Contact:

Yolanda White

858-812-7302 Direct

Investor Information:

877-934-4687



EN
28/02/2024

Underlying

Reports on Kratos Defense & Security Solutions Inc.

 PRESS RELEASE

Kratos Reports First Quarter 2024 Financial Results

Kratos Reports First Quarter 2024 Financial Results First Quarter 2024 Revenues of $277.2 Million Increased 19.6 Percent over First Quarter 2023 Revenues of $231.8 Million, including 19.5 Percent Organic Growth First Quarter 2024 Unmanned Systems Revenues of $59.4 Million Increased 23.8 Percent over First Quarter 2023 Revenues of $48.0 Million, including 21.8 Percent Organic Growth First Quarter 2024 KGS Revenues of $217.8 Million Reflect 18.5 Percent Organic Growth over First Quarter 2023 Revenues of $183.8 Million First Quarter 2024 and Last Twelve Months Ended March 31, 2024 Consolida...

 PRESS RELEASE

Kratos Defense & Security Solutions Schedules First Quarter 2024 Earni...

Kratos Defense & Security Solutions Schedules First Quarter 2024 Earnings Conference Call for Tuesday, May 7th SAN DIEGO, April 29, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets, announced today that it will publish financial results for the first quarter 2024 after the close of market on Tuesday, May 7th. Management will discuss the Company’s operations and financial results in a conference call beginning at 2:00 p.m. Pacific (5:00 p.m. Eastern). The call will be available at...

 PRESS RELEASE

Kratos Demonstrates Fully Virtualized SATCOM Ground System for U.S. Ar...

Kratos Demonstrates Fully Virtualized SATCOM Ground System for U.S. Army Futures Command Over SES’s O3b MEO Constellation Together the companies showcase technology capable of supporting multi-orbit, multi-mission satellite ground operations SAN DIEGO and LUXEMBOURG, April 17, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in the defense, national security and global markets, and SES, a leader in global content connectivity solutions, successfully executed a fully virtualized satellite communications (SATCOM) ground system demonst...

 PRESS RELEASE

Kratos Defense & Security Solutions, Inc. Completes Development of the...

Kratos Defense & Security Solutions, Inc. Completes Development of the Zeus Solid Rocket Motor (SRM) Family with the Successful Zeus 2 Static Test Fire SAN DIEGO, April 15, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in the defense, national security and global markets, announced today that its Space & Missile Defense Systems (SMDS) Business Unit, a part of Kratos’ Defense & Rocket Support Services (DRSS) Division, successfully completed the static test firing of the Zeus 2 solid rocket motor (SRM) with Aerojet Rocketdyne, an L3H...

 PRESS RELEASE

Kratos Demonstrates Fully Virtualized SATCOM Over LEO for U.S. Army

Kratos Demonstrates Fully Virtualized SATCOM Over LEO for U.S. Army Showcases Software Ground System to Support Interoperability and Multi-Mission Capability with Partners Telesat Government Solutions and Cobham Satcom SAN DIEGO, April 04, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in the defense, national security and global markets, announced today that it successfully demonstrated a fully virtualized satellite communications (SATCOM) ground system using Kratos’ OpenSpace® Platform for the U.S. Army’s Program Executive Offic...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch