Kratos Receives $9.7 Million in Contract Awards for Multiple High Performance Unmanned Aerial Drone System Aircraft and Related Mission Support and Other Services

SAN DIEGO, Sept. 26, 2017 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that its Unmanned Systems Division (USD) has recently received $9.7 million in contract awards from National Security related customers for the production and delivery of multiple high performance unmanned aerial drone system aircraft and related mission support, technical, development and other services.  USD is an industry innovator and leading provider of affordable, high performance jet powered unmanned aerial drone systems utilized for tactical missions and target applications.  Work under these contract awards will be performed at secure USD manufacturing facilities, customer sites, and other locations.  Due to the nature of the work being performed, customer related, competitive and other considerations, no additional information will be provided related these contract awards.

Steve Fendley, President of Kratos’ Unmanned Systems Division, said, “Kratos is a recognized industry leader for innovation and the rapid development, demonstration, and fielding of high performance unmanned systems and products.  We are proud of our unique ability to consistently meet the challenging low cost objectives of our Defense/Security customers for these high performance jet Unmanned Aerial Systems and to be contributing to the successful execution of their critical missions.”     

About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops transformative, affordable technology for the Department of Defense and commercial customers. Kratos is changing the way breakthrough technologies for these industries are brought to market through proactive research and a streamlined development process. Kratos specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, training and combat systems. For more information, go to www.kratosdefense.com.

Notice Regarding Forward-Looking Statements
Certain 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 25, 2016, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.

Press Contact:
Yolanda White
858-812-7302 Direct 

Investor Information:
877-934-4687
investor@kratosdefense.com

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P&WC Signs Fleet Management(TM) Program (FMP(R)) Agreement with Latin America’s Avianca for Full Fleet of PW127N Engines

PALM BEACH, FLORIDA–(Marketwired – Sept. 25, 2017) – Pratt & Whitney Canada announced today that it has signed a Fleet Management™ Program (FMP®) agreement with Avianca, one of Latin America’s leading carriers and the world’s second-oldest airline, to maintain its fleet of PW127N engines powering ATR72-600 aircraft. P&WC’s FMP plan is a long-term, all-inclusive, pay-per-hour engine maintenance plan that will include the rollout of P&WC’s FAST solution for advanced prognostics to Avianca’s PW127N fleet. The combination of P&WC’s FMP plan and FAST technology create a comprehensive solution for data-driven predictive and preventive engine and aircraft health management. P&WC is a subsidiary of United Technologies Corp. (NYSE:UTX).

“We are confident P&WC’s FMP plan and FAST solution will provide long-term value to our clients, partners and investors by playing a role in helping us continue to deliver service excellence,” said Miguel Angel Montoya Estrada, Technical VP, Avianca Holdings. “This agreement reflects our long-standing commitment to innovation, operational efficiency and business competitiveness through P&WC’s high-quality maintenance support and world-class service network as well as rapid access to engine trend data after each flight.”

Tailored specifically to Avianca’s fleet needs, P&WC’s FMP plan is a flexible, high value engine management solution that helps support lower operating costs and simplifies fleet operations management. It also serves as a financial planning tool to support more efficient cash flow management, while allowing airlines to focus on their core business of passenger and cargo transportation. Under this program, a P&WC-appointed team of experts, in conjunction with Avianca, will manage PW127 fleet maintenance to help deliver better returns on the customer’s investment, customer satisfaction, peace of mind and outstanding engine reliability.

On the advanced prognostics side, P&WC’s turnkey FAST solution will provide situational awareness about engine health, usage and trends by capturing, analyzing and sending full-flight data intelligence wirelessly minutes after the pilot shuts down the engines. FAST technology goes beyond traditional prognostics to give customers a turnkey solution for a fully connected, data-driven engine for proactive and predictive engine health management. For Avianca’s fleet of ATR aircraft, the FAST solution will also help optimize engine performance by tracking the usage of “boost” and “super boost” modes, which the pilot can engage when additional power is required during takeoff. More than 1,200 FAST solutions have been delivered across numerous platforms, including 20 regional airlines.

“Together, our FMP plan and FAST solution are a powerful combination of maintenance predictability, cost control and deep engine insight that will help move Avianca toward a fully planned environment – where flights can remain on schedule and delays and cancellations can be avoided,” said Satheeshkumar Kumarasingam, Vice President of Commercial Services, P&WC. “It’s about delivering long-term value and peace of mind to our customers through innovative and flexible solutions aligned closely with their needs. Today’s announcement with Avianca is a testament to our commitment to helping airlines manage their maintenance costs more effectively and increasing availability while offering better protection for their business and investment.”

Under the FMP plan, Avianca will have full coverage for scheduled events, basic unscheduled engine repairs, low-cycle fatigue replacement, engine condition trend monitoring and engine freight, along with guaranteed turnaround time, customized support and more.

The FMP agreement is with the three airlines supported by Avianca Holdings S.A. including: Aerovias del Continente Americano S.A./Avianca S.A.; Aviateca S.A. and Islena de Inversiones S.A. de C.V./ Islena S.A. Avianca Holdings serves more than 100 direct destinations in 28 countries across the Americas and Europe. It is also the first customer for the PW127N, P&WC’s latest engine for regional operators.

About Pratt & Whitney Canada

Founded in 1928, P&WC is a global leader in aerospace that is shaping the future of aviation with dependable, high-technology engines. Based in Longueuil, Quebec (Canada), P&WC is a subsidiary of United Technologies Corp. United Technologies Corp., based in Farmington, Connecticut, provides high-technology systems and services to the global aerospace and building systems industries.

Note to Editors:

Follow us on Twitter (www.twitter.com/pwcanada) and Facebook (www.facebook.com/PrattWhitneyCanada) for our latest news and updates.

Contact Information:
Media Contact:
Jennifer Barron
Pratt & Whitney Canada, Longueuil
Phone: +1.450.677.9411 x75009
jennifer.barron@pwc.ca
www.pwc.ca

MacB to Host Fourth Annual Oktoberfest Celebration at Dayton Headquarters

DAYTON, Ohio, Sept. 25, 2017 (GLOBE NEWSWIRE) — MacAulay-Brown, Inc. (MacB), a leading National Security company delivering advanced engineering services, cybersecurity and product solutions, announced today that valued customers, partners and city officials are invited to attend the company’s Fourth Annual Oktoberfest Celebration on Tuesday, October 3 from 3 to 7 p.m. The event, hosted by MacB’s Advanced Technology Group (ATG), offers company executives, senior leaders, and employees an opportunity to welcome honored guests at MacB’s Dayton Corporate Headquarters. The festivities will once again be catered by the famous Schmidt’s Restaurant and Sausage Haus from Columbus, Ohio.

ATG, one of four MacB operating groups, offers a full range of innovative technology, engineering and technical services including Research, Development, Test and Evaluation (RDT&E), Logistics and Life Cycle Management, and System Integration Laboratories. The group’s primary focus is serving multiple U.S. Air Force programs based out of Wright-Patterson Air Force Base that include the Air Force Research Laboratory (AFRL), the Air Force Flight Test Center (AFTC), the Air Force Life Cycle Management Center (AFLCMC) and the Air Force Institute of Technology (AFIT).

It’s been a year since ATG opened the new Wright Innovation Laboratory in Dayton to support the warfighter capabilities of MacB’s Electronic Warfare (EW) customers. The facility fully accommodates the design, integration, and testing of prototype sensor systems and subsystems for multiple Air Force programs.

“It’s my distinct pleasure to host Oktoberfest again this year to not only celebrate ATG employees, but also Contracts personnel, Proposal teams, Human Resources, Recruiting, IT, Purchasing and many other departments behind-the-scenes that help support us,” said Tim Lawrence, Senior Vice President and General Manager of MacB’s Advanced Technology Group. “It’s also a way for our long-term customers and partners to connect names with faces, and celebrate another successful year as we plan for technical and tactical program expansion in 2018 and beyond.”

ABOUT MACAULAY-BROWN, INC. (MacB)
For more than 37 years, MacAulay-Brown, Inc. (MacB) has been solving some of the Nation’s most complex National Security challenges. Defense, Intelligence Community, Special Operations Forces, Homeland Security and Federal agencies rely on our advanced engineering services, cybersecurity, and product solutions to meet the challenges of an ever-changing world. With Corporate Headquarters in Dayton, Ohio and National Capital Headquarters in Vienna, Virginia, our more than 1,500 employees worldwide are dedicated to developing mission-focused and results-oriented solutions that make a difference where and when it matters most. Learn more about MacB at www.macb.com.

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Press Contact:
press@macb.com

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