Kratos Receives $5.8 Million Contract Award in Support of MALD Program

Kratos Receives $5.8 Million Contract Award in Support of MALD Program

SAN DIEGO, Jan. 31, 2013 (GLOBE NEWSWIRE) -- Kratos Defense & Security
Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider,
announced today that its subsidiary Composite Engineering, Inc. (CEI) has been
awarded a $5.8 million contract for the production of Miniature Air Launched
Decoy (MALD)-J fuselages. The recent award was for the Lot 5 production
contract with deliveries starting in March of 2013. To date, CEI has provided
multiple deliveries of MALD fuselages to Raytheon Missile Systems, the prime
contractor for the MALD program. In addition to producing the MALD fuselage,
CEI provides target drones made from composite materials that are designed to
replicate some of the most lethal threats facing this nation's Warfighters and
strategic assets.

Glenn Wells, Senior Vice President and General Manager of CEI, notes, "We are
proud and excited to continue our support to the U.S. Air Force and Raytheon
on the MALD-J. Our experience on the program will enable deliveries to
continue uninterrupted."

CEI, based in Sacramento, CA, is a leading provider of unmanned aerial drones
and targets. Additional information can be found at www.compositeeng.com.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a specialized
National Security technology business providing mission critical products,
services and solutions for United States National Security. Kratos' core
capabilities are sophisticated engineering, manufacturing and system
integration offerings for National Security platforms and programs. Kratos'
areas of expertise include Command, Control, Communications, Computing, Combat
Systems, Intelligence, Surveillance and Reconnaissance (C5ISR), satellite
communication systems, unmanned systems, cyber warfare, cybersecurity,
information assurance, and critical infrastructure security. Kratos has
primarily an engineering and technically oriented work force of approximately
4,400. The vast majority of Kratos' work is performed on a military base, in a
secure facility or at a critical infrastructure location. Kratos' primary end
customers are National Security related agencies. News and information are
available at www.KratosDefense.com.

The Kratos Defense & Security Solutions, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=3519

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, including risks related to
product failure, general economic conditions and cutbacks in spending.
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. 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, 2011, and in subsequent reports on Forms 10-Q and 8-K
and other filings made with the SEC by Kratos.

CONTACT: Press Contact:
         Yolanda White
         858-812-7302 Direct
        
         Investor Information:
         877-934-4687
         investor@kratosdefense.com

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