SAN DIEGO, Nov. 20, 2020 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider and industry-leading provider of high-performance, jet-powered unmanned aerial systems, announced today that it has acquired 5-D Systems, Inc., a CMMI Level 3 Systems and Software Engineering company with facilities in the Austin, Texas area and in Huntsville, Alabama. 5-D is well-known in the defense/aerospace industry for its more than 20 years of experience as a small business designing, developing, integrating, testing, modifying and supporting unmanned, manned, and optionally-piloted vehicles (OPV) / aviation systems; and also providing technical/logistics/program SETA / A&AS support on government sites.
In addition to developing systems for the Department of Defense and other major customers, 5-D has been a subcontractor/teammate of Kratos on many of its systems and programs including the XQ-58A and aerial target systems. 5-D’s core philosophies align well with Kratos’ affordability mantra and development/application of leading edge, rather than bleeding edge, technology.
5-D will be a company within the Kratos Unmanned Systems Division and will function as the Systems Engineering hub for the division, leveraging its systems/software engineers, CMMI Level 3 pedigree, and the technology rich resources available in the Austin area. With the Army Futures Command headquartered in Austin, and with major defense/aerospace primes, plus other key defense/aerospace agencies including the Defense Innovation Unit located in Austin and the surrounding area, Austin is a strategic location for DoD-focused technology development, as well as being geographically convenient in the center of the country. Kratos’ tactical UAS production facility is in nearby Oklahoma City which will benefit from engineering capabilities now being available from Austin.
Eric DeMarco, President and CEO of Kratos, said, “Kratos is a technology company operating in the defense space. Establishment of an engineering-focused Kratos facility in Austin is a logical step and has been a strategic goal of the corporation for some time. The acquisition of this long-term teammate enables us to immediately achieve our goal, while seamlessly complementing and expanding our engineering team with capability and credentials to help with our continually growing unmanned tactical and target system development efforts. 5-D brings specific new capabilities to Kratos with their legacy manned conversion (Optionally Piloted Vehicle) and larger aircraft experience including the QF-4, with the associated runway takeoff and landing modes that have direct application on several Kratos pursuits. We are excited about being well-positioned with a Kratos technology center near several key customers and with the continuing expansion of our capability and experience in high performance unmanned jet drone systems.”
About Kratos Defense & Security SolutionsKratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries is rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology, and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. For more information, please visit www.KratosDefense.com.
Notice Regarding Forward-Looking StatementsCertain 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 29, 2019, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.
Press Contact:Yolanda White858-812-7302 Direct
Consumer Garage Doors Market
From installation to repair and maintenance, the garage door market in the United States and Canada presents many opportunities for entrepreneurs...
Save on buybuy BABY deals at the Black Friday sale, including the best car seat, stroller, crib, clothes, diaper, and more baby items discounts
Compare the top buybuy BABY deals for Black Friday 2020, featuring the latest double stroller, car seat, diaper, clothes, crib, and more sales from top baby brands like Fisher-Price, UPPAbaby, Chicco, Graco, and more. Links to the top deals are listed below.
Best buybuy BABY Deals:
Save up to $100 on a wide range of baby strollers, car seats, cribs & more at buybuyBABY.com - including deals on Fisher Price, Carter’s and Disney
Save up to 50% on baby monitors from top brands like Infant Optics, VTech, Motorola, and more on BuyBuyBaby.com - click the link to see the latest deals on audio and video baby monitors including the Cocoon Cam with Breathing Monitoring device
Save up to $50 on Owlet Smart Sock 3 and Video Baby Monitor at BuyBuyBaby.com - check the latest prices on the best-selling Owlet Smart Sock wearable baby monitor including the Owlet Monitor Duo and the Dream Lab sleep program
Save on top-brand car seats from Maxi-Cosi, UPPAbaby, Chicco & Graco at BuyBuyBABY.com - including Britax, Graco, Cybex, Chicco, and more
Save on a wide range of baby strollers at BuyBuyBaby.com - check the hottest deals on umbrella strollers, full size strollers, jogging strollers & stroller accessories
Save up to $100 on UPPABaby strollers, accessories and more at buybuyBABY.com - get the latest prices on MESA car seats, CRUZ V2 strollers, VISTA V2 RumbleSeats, and more
Save on a wide range of Graco baby gear at buybuyBABY.com - find the latest deals on Graco Travel Systems, Playards, Booster Seats, Convertible Car Seats, and more
Save on Graco Tranzitions at buybuyBABY.com - get the best prices on 3-in-1 Harness Booster and SnugLock Car Seats from Graco
Shop the most trusted, high-quality Britax child travel gear at BuyBuyBaby.com - check the latest prices on a variety of best-selling items, including strollers, car seats, accessories, and top-value combo bundles
Save on Ergobaby baby carriers, strollers, diaper bags, and more at buybuyBABY.com - click the link to see live prices on Ergobaby Omni 360, 360 All Positions, and Original baby carrier models
Save on mamaRoo infant seats, sleep bassinets, and more at buybuyBABY.com - check live prices on top-rated mamaRoo items, including the mamaRoo Sleep Bassinet and mamaRoo4 infant seat models
Save on top-rated baby cribs at BuyBuyBaby.com - click the link for the hottest deals on baby cribs from brands like DaVinci, Westwood Design, Soho, Child Craft, Babyletto, Carter’s & more
Best Baby Deals:
Save up to 50% off on a wide selection of baby gear at Walmart - find the latest deals on car seats, strollers, bassinets, activity centers, bouncers & rockers, carriers, playmats, and more
Save up to 40% on baby gear including car seats, strollers, clothing & essentials at Amazon - check live prices on clothing, bedding, baby care items and accessories
Save up to $100 on baby strollers, car seats, cribs & more at buybuyBABY.com - including deals on Fisher Price, Carter’s and Disney
Save on a wide range of Burt’s Bees baby items at BurtsBees.com - click the link for latest deals on baby ointment, lotion, creams, and bath bundles from Burt’s Bees
Save up to $20 on baby swings, bassinets, playards & more at 4moms.com - click the link to see the latest prices on baby stuff like the mamaRoo4, rockaRoo, mamaRoo sleep bassinet, and more
Want some more deals? We recommend checking Walmart’s Black Friday sale and Amazon’s Black Friday deals to enjoy thousands more active offers. Save Bubble earns commissions from purchases made using the links provided.
Buybuy BABY is an excellent one-stop-shop for everything baby. There's a wide range of baby and toddler essentials, including clothes, strollers, car seats, and cribs that growing families can choose from at buybuy BABY. Baby diapers and food are also available from this top-rated online store for baby stuff.
About Saver Trends: Save Bubble research and share online sales news. As an Amazon Associate and affiliate Saver Trends earns from qualifying purchases.
Contact: Andy Mathews (email@example.com)