Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that the Kratos prime team is one of four awardees for the U.S. Army Aviation and Missile Command (AMCOM) Aerial Target Systems Services contract for the Program Executive Office for Simulation, Training and Instrumentation (PEO STRI), Project Office for Instrumentation, Targets and Threat Simulators (PM ITTS) Target Management Office (TMO) at Redstone Arsenal, AL.
Kratos will have the opportunity to supply aerial target services, including research, development, test and evaluation (RDT&E); production and provision of materials; technical flight and field support; and logistical support for the aerial target programs managed by the TMO. The overall five-year contract ceiling is valued at $49 million, and task order competition will occur for each contract action. In addition to Kratos' business units Madison Research, MSI, and DEI, the team includes recently acquired Composite Engineering Inc. Additional teammates include 5-D Research, Advanced Rotocraft, AMTEC Corporation, Analytical Graphics, Meggitt, Torch Technologies, Viking Aerospace, and Wyle/CAS.
Jennifer Price, Senior Vice President of Madison Research, stated, "We are extremely proud of our highly qualified team and its comprehensive technical capabilities, unmatched subject matter expertise, and numerous years of experience in building and modifying Targets and Targets Systems and Subsystems as well as providing service and support in these same areas. We have worked hand in hand with TMO since 1987 and welcome the opportunity to provide continued support to this exceptional organization."
Date: Sep 6, 2012