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Kratos Awarded $3.8 Million Task Order From U.S. Army Targets Management Office (TMO) To Provide Unmanned Aerial Drone Target Systems

Friday, December 18th, 2015

SAN DIEGO, Dec. 17, 2015 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its Defense & Rocket Support Services (DRSS) Division’s Madison Research Corporation business unit has been awarded a $3.8 million task order under its TMO Aerial Target Support Prime Contract.

Under this task order award, Kratos’ Unmanned Systems Division (KUSD) will provide TMO with High Speed Aerial Target Plus (HSAT Plus) unmanned aerial targets.

Jennifer Price, Senior Vice President of Madison Research Corporation, said, “We are pleased to provide continued support to our valued U.S. Army TMO customer. This award demonstrates the strategic partnerships and synergies between Divisions within Kratos.”

www.kratosdefense.com