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Kratos Receives $3.1 Million Electronic Attack Platform Related Contract Award



Kratos Receives $3.1 Million Electronic Attack Platform Related Contract Award

SAN DIEGO, Aug. 26, 2013 (GLOBE NEWSWIRE) -- Kratos Defense & Security
Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider,
announced today that its Electronic Products Division has received orders
valued at $3.1 million for the production of integrated microwave assemblies
(IMA) for two critical U.S. Navy platforms. These awards, from a follow-on
customer, are related to continuing production on long term electronic attack
(EA) and intelligence, surveillance and reconnaissance (ISR) airborne
platforms. No additional details are being provided due to customer and other
sensitivities.

Richard F. Poirier, President of Kratos' Electronic Products division,
commented, "These orders are the latest significant awards received from this
prime contractor for integrated microwave assemblies (IMA). Kratos has
participated on these programs for many years and continues to be a valued
supplier with the expertise capable of providing sophisticated integrated
microwave assemblies and subsystems for these U.S. Navy aircraft."

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. Kratos has primarily an engineering and technically
oriented work force of approximately 3,900. 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.

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 30, 2012, 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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