Kratos Announces New Director as Part of Ongoing Board Refresh and Augmentation Process - Seite 2

"We are pleased to welcome General Doorenbos to the Company’s Board of Directors. Her appointment reflects the Board’s commitment over the last several years to add directors with important relevant experience to our business and industry," said Amy Zegart, Chair of the Board’s Nominating & Governance Committee. "Bobbi’s depth of knowledge and experience as a defense and intelligence security policy advisor, as well as a military operator and fighter pilot with the Air Force, brings additional and new perspectives into the Kratos Board room. We look forward to working with her as we continue to execute our strategy to be the premier technology, product and software-based company in the defense, national security and global markets.”

Bill Hoglund, Chairman of the Company’s Board of Directors, said, “We welcome Bobbi to the Kratos Board of Directors. Bobbi brings tremendous insights and experience to our board and, along with the other Directors, will be vital to our decision-making processes as we further the Company's momentum as a leading technology provider, driving long-term growth and value creation for all Company stakeholders.”

About Kratos Defense & Security Solutions, Inc.
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 www.KratosDefense.com.