: iStockAnalyst.com Symbols Feed

Military Spending Helps Some

Mon, 06 Oct 2008 18:22:00 GMT

The stock market may be struggling, but defense companies are still on their feet. Several contracts were announced today in this sector, indicating that defense spending is still going strong and some public companies are well-positioned to profit. TWo wars have done a lot to sustain spending, but some are concerned about at least one presidential candidate is interested in withdrawing troops and putting an end to the Iraqi conflict. Lockheed Martin (LMT) announced a $41 million contract from the US Transportation Command to extend sustainment of Global Transportation Network command and control system. The sustainment contract brings the total value of the contract to $475 million. Kratos Defense & Security[More...]

Kratos Wins $11 Million Anti-Submarine Warfare Training Program Contract

Thu, 12 Mar 2009 13:23:56 GMT

California-based security and public safety solutions provider Kratos Defense & Security Solutions has been granted an $11 million, five year (base year plus four option years) prime contract to support the Naval Undersea Warfare Center division in Keyport, WA.[More...]

Kratos Releases Version 2.0 of dopplerVUE Network Management Solution

Fri, 06 Nov 2009 18:51:00 GMT

Kratos (NASDAQ: KTOS) announces the release of dopplerVUE(R) 2.0, the network and IT monitoring software product that brings enterprise-grade functionality to networks of any size.
dopplerVUE 2.0 also features architectural enhancements that support robust management of distributed and larger networks.
dopplerVUE is a core management solution that helps network professionals better pinpoint, troubleshoot and pre-empt network problem areas in service delivery, bandwidth management and network uptime.

[More...]

B. Riley & Co. Completes $19 Million Registered Direct Offering for Kratos Defense & Security Solutions; Acted As Exclusive Placement Agent

Tue, 08 Sep 2009 19:48:00 GMT

B. Riley & Co., LLC represented Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS) as its Exclusive Placement Agent in the issuance of 26 million shares of the company's common stock valued at approximately $19 million, according to B. Riley Chairman Bryant Riley.
The shares of common stock sold in this transaction will participate in a 1-for-10 reverse split of the Company's common stock which is scheduled to occur on September 10, 2009.
B. Riley's banking team included President Wes Cummins, Managing Director Tim McQuay and Managing Director Bob Campbell.

[More...]

Kratos Defense & Security Solutions Announces Second Quarter 2009 Financial Results and Announces 1-for-10 Reverse Stock Split Effective September 10, 2009

Thu, 06 Aug 2009 20:00:00 GMT

Kratos Defense & Security Solutions, Inc. , a leading national defense, IT and security solutions provider, today reported second quarter 2009 revenues of $90.6 million, a 30.4 percent increase over second quarter 2008 revenues. Second quarter sequential organic revenue growth was 9.7 percent, as compared to first quarter of 2009 revenues. Second quarter 2009 pro forma EBITDA of $6.3 million or 7 percent, increased 66 percent over the previous year's second quarter pro forma EBITDA. Kratos' Government Solutions business segment, where Kratos performs its Department of Defense and National Security work, generated second quarter pro forma EBITDA of 7.8 percent. Kratos second quarter 2009 EBITDA increased 5 percent sequentially over the first quarter of 2009, and in the second quarter of 2009, the Company reported its sixth consecutive quarterly EBITDA improvement.[More...]

Kratos Defense & Security Solutions Schedules Second Quarter 2009 Earnings Conference Call for Thursday, August 6

Fri, 24 Jul 2009 12:26:00 GMT

Kratos Defense & Security Solutions, Inc. , a leading national defense, IT and security solutions provider, announced today that it will publish financial results for the second quarter of 2009 after the close of market on Thursday, August 6, 2009. Management will discuss the financial results in a conference call beginning at 2 p.m. Pacific .[More...]

Kratos Awarded $1.8 Million Department of Education Contract

Thu, 23 Jul 2009 12:25:00 GMT

Kratos Defense & Security Solutions, Inc. , a leading information technology, information assurance, public safety, and educational services provider, today announced that its Civilian Services Education Group has been awarded a 36 month, $1.8 Million contract to support the U.S. Department of Education's Office of Vocational and Adult Education.[More...]

Kratos Partners With Operation Homefront to Provide School Supplies to Children of Military Families

Wed, 22 Jul 2009 12:26:00 GMT

Kratos Defense & Security Solutions, Inc. , a leading national security, information technology and public safety solutions provider, today announced that it had provided a significant donation to Operation Homefront in the form of 1,000 backpacks that together contained more than $15,000 in school supplies.[More...]

Kratos Awarded $2.7 Million Army Video Surveillance and Security Contract

Mon, 20 Jul 2009 12:26:00 GMT

Kratos Defense & Security Solutions, Inc. , a leading national security, information technology and public safety solutions provider, today announced that its Public Safety and Security segment has won a 5-year follow-on contract at a major Army base for video security system integration, maintenance, equipment and services valued at more than $2.7 million.[More...]

Kratos Announces Participation in Key UAV and Aviation Technology Exposition

Thu, 16 Jul 2009 22:30:00 GMT

Kratos Defense & Security Solutions, Inc. , a leading national security, information technology and public safety solutions provider, today announced that it is participating in this week's United States Air, Trade and Technology Exposition, being held in Dayton, OH. The expo features presentations and exhibits by business partners, educational institutions and senior DoD and FAA officials exploring opportunities for research and development support. Kratos is actively supporting this event, and believes that expositions of this type are critical for the United States to keep and maintain its lead in aviation.[More...]

Photo Release -- Kratos' Digital Fusion Subsidiary Successfully Completes First NLOS-T Unmanned System Test Flight

Tue, 14 Jul 2009 12:27:00 GMT

Kratos Defense & Security Solutions, Inc. , a leading national security, information technology and public safety solutions provider, today announced that its Digital Fusion subsidiary, along with the US Army Aviation and Missile Research, Development and Engineering Center , NLOS-LS Project Office and the US Army Strategic Missile Defense Command, successfully completed the first guided test flight of the Non - Line of Sight Transport proof of principle prototype. The NLOS-T is a program for a canister launched missile or unmanned system capable of delivering a variety of lethal and non-lethal payloads, and of providing Intelligence, Surveillance and Reconnaissance information. NLOS-T is planned for future transition to the Army's Non Line of Sight Launch System .[More...]

Kratos Comments On U.S. Attorney's Office Announcement

Tue, 07 Jul 2009 22:15:00 GMT

Kratos Defense & Security Solutions, Inc. , a leading national security, information technology and public safety solutions provider, today provided the following comments on the U.S. Attorney's Office for the Southern District of California's announcement that a senior Space and Naval Warfare Systems Center official and others, including a former Kratos employee, were formally charged with a variety of federal offenses.[More...]