Kratos Receives Contract Award to Support Stratolaunch Air Launch Vehicle System Program

Kratos Receives Contract Award to Support Stratolaunch Air Launch Vehicle
System Program

Kratos' Defense & Rocket Support Services Division Supporting New Technology
Space Program

SAN DIEGO, Aug. 20, 2013 (GLOBE NEWSWIRE) -- Kratos Defense & Security
Solutions, Inc. (Nasdaq:KTOS) announced today that it has recently received a
contract to support the Stratolaunch Air Launch Vehicle System program, based
in Huntsville, Alabama. Kratos will provide Stratolaunch with direct technical
and programmatic support, leveraging its aerospace systems experience, for a
term of five years. In addition to supporting this leading technology space
program, Kratos' Defense & Rocket Support Services (DRSS) Division also
supports certain ballistic missile defense, directed energy and hypersonic
vehicle initiatives. Due to customer related and other considerations, no
further information will be provided related to this contract award.

Dave Carter, President of Kratos DRSS, said, "We are proud to have received
this contract award from this important new customer."

About  Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a specialized
National Security technology Company 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, electronic warfare, unmanned
systems, missile defense, cyber warfare, cybersecurity, information assurance,
and critical infrastructure security.Kratoshas primarily an engineering and
technically oriented work force of approximately 3,900. The vast majority
ofKratos'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
atwww.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 ofKratosand 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, andKratosundertakes 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 ofKratosin general,
see the risk disclosures in the Annual Report on Form 10-K ofKratosfor the
year endedDecember 30, 2012, and in subsequent reports on Forms 10-Q and 8-K
and other filings made with theSECbyKratos.

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

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