{"id":800462,"date":"2025-01-14T08:07:26","date_gmt":"2025-01-14T13:07:26","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kratos-welcomes-ranking-member-adam-smith-to-glen-burnie-maryland-facility\/"},"modified":"2025-01-14T08:07:26","modified_gmt":"2025-01-14T13:07:26","slug":"kratos-welcomes-ranking-member-adam-smith-to-glen-burnie-maryland-facility","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kratos-welcomes-ranking-member-adam-smith-to-glen-burnie-maryland-facility\/","title":{"rendered":"Kratos Welcomes Ranking Member Adam Smith to Glen Burnie, Maryland Facility"},"content":{"rendered":"

\nRepresentative Smith Briefed on Kratos Erinyes, Dark Fury, Zeus and Other Kratos Hypersonic Systems
\n<\/h2>\n
\n

SAN DIEGO, Jan. 14, 2025 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc.\u00a0(NASDAQ: KTOS), a\u00a0Technology Company\u00a0in the Defense, National Security and Global Markets, recently welcomed\u00a0House Armed Services Ranking Member Adam Smith\u00a0(D-WA-9) to Kratos Defense &\u00a0Rocket Support Services\u00a0(DRSS)\u00a0in Glen Burnie, Maryland. The visit provided an opportunity to showcase Kratos\u2019 latest achievements in advancing hypersonic systems, strategic systems, ballistic missile targets, sub-orbital research vehicles, sounding rockets, directed energy and laser systems, and to discuss recent successes delivering mission-critical, cost-effective solutions to support U.S. national security.<\/p>\n

During the visit, Rep. Smith was briefed on Kratos\u2019 cutting-edge hypersonic programs, including the low cost Erinyes Hypersonic Flyer<\/u><\/a>, Dark Fury, Zeus Solid Rocket Motors<\/u><\/a>, and other Kratos systems and technologies, all of which exemplify the company\u2019s commitment to affordability, being first-to-market, and innovation. The discussion also highlighted Kratos\u2019 recent award of the Multi-Service Advanced Capability Hypersonic Test Bed (MACH-TB) 2.0 contract<\/u><\/a>, under which Kratos was selected as the prime for Task Area 1 Systems Engineering, Integration, and Testing (SEIT). This effort includes integrated subscale, full-scale, and air launch systems and services designed to affordably increase hypersonic flight test cadence, a critical need for advancing the nation\u2019s defense capabilities.<\/p>\n

\u201cKratos believes in delivering more for less and is proud to showcase our systems that are pushing the boundaries of hypersonic technology testing to accelerate delivery of low-cost, high-performance solutions to the warfighter,\u201d said Dave Carter, President of Kratos\u2019\u00a0Defense & Rocket Support Services Division<\/strong>. \u201cThe MACH-TB 2.0 contract is a testament to our leadership and dedication to addressing the Department of Defense\u2019s needs for rapid, reliable, and scalable hypersonic testing and development.\u201d<\/p>\n

Rep. Smith\u2019s visit underscores the importance of collaboration between industry and government in advancing technologies critical to national security. Kratos remains steadfast in its mission to deliver affordable, innovative solutions to support the warfighter and strengthen the nation\u2019s defense posture.<\/p>\n

\n Eric DeMarco, Kratos President and CEO<\/strong>, said, \u201cKratos employees were thrilled to have the opportunity to meet and spend time with Ranking Member Smith, who we believe shares Kratos\u2019 philosophy of \u201cdelivering more and better systems for less\u201d. I was also particularly pleased to spend time discussing with the Representative Kratos\u2019 now multi-year strategy and philosophy of investing Kratos\u2019 own research, development and innovation focused funds, to deliver affordable, hypersonic, tactical jet drone, jet engine and other relevant systems to the warfighter.\u201d<\/p>\n

\n About\u00a0Kratos Defense & Security Solutions<\/strong>
\n
Kratos Defense & Security Solutions, Inc.\u00a0(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\u2019 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\u2019 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\u2019 comfort level. Kratos\u2019 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\u00a0www.KratosDefense.com<\/u><\/a>.<\/p>\n

\n Notice Regarding Forward-Looking Statements<\/strong>
\n
Certain statements in this press release may constitute \u201cforward-looking statements\u201d 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\u00a0December 31, 2023, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the\u00a0SEC\u00a0by Kratos.<\/p>\n

\n Press Contact:<\/strong>
\n
Claire Burghoff
claire.burghoff@kratosdefense.com<\/u><\/a><\/p>\n

\n Investor Information:<\/strong>
\n
877-934-4687
investor@kratosdefense.com<\/u><\/a><\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Representative Smith Briefed on Kratos Erinyes, Dark Fury, Zeus and Other Kratos Hypersonic Systems SAN DIEGO, Jan. 14, 2025 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc.\u00a0(NASDAQ: KTOS), a\u00a0Technology Company\u00a0in the Defense, National Security and Global Markets, recently welcomed\u00a0House Armed Services Ranking Member Adam Smith\u00a0(D-WA-9) to Kratos Defense &\u00a0Rocket Support Services\u00a0(DRSS)\u00a0in Glen Burnie, Maryland. The visit provided an opportunity to showcase Kratos\u2019 latest achievements in advancing hypersonic systems, strategic systems, ballistic missile targets, sub-orbital research vehicles, sounding rockets, directed energy and laser systems, and to discuss recent successes delivering mission-critical, cost-effective solutions to support U.S. national security. During the visit, Rep. Smith was briefed on Kratos\u2019 cutting-edge hypersonic programs, including the low cost Erinyes Hypersonic Flyer, Dark Fury, Zeus … <\/p>\n

Continue reading “Kratos Welcomes Ranking Member Adam Smith to Glen Burnie, Maryland Facility”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-800462","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nKratos Welcomes Ranking Member Adam Smith to Glen Burnie, Maryland Facility - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kratos-welcomes-ranking-member-adam-smith-to-glen-burnie-maryland-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kratos Welcomes Ranking Member Adam Smith to Glen Burnie, Maryland Facility - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Representative Smith Briefed on Kratos Erinyes, Dark Fury, Zeus and Other Kratos Hypersonic Systems SAN DIEGO, Jan. 14, 2025 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc.\u00a0(NASDAQ: KTOS), a\u00a0Technology Company\u00a0in the Defense, National Security and Global Markets, recently welcomed\u00a0House Armed Services Ranking Member Adam Smith\u00a0(D-WA-9) to Kratos Defense &\u00a0Rocket Support Services\u00a0(DRSS)\u00a0in Glen Burnie, Maryland. 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