Release – Kratos Defense and Security Solutions (KTOS) – Wins $86 Million U.S. Army Contract


Kratos Wins $86 Million, Assuming All Options Exercised, Single Award U.S. Army Contract for Drone Command and Control Systems

 

SAN DIEGO, April 05, 2021 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider and industry-leading provider of high-performance unmanned systems, today announced that Micro Systems, Inc., a wholly owned subsidiary of Kratos Defense & Security Solutions, Inc. and part of the Kratos Unmanned Systems Division, has received an $85,949,472 contract award, with a $60.7M base and two options totaling approximately $25.3M, from the U.S. Army to support the Army Ground Aerial Target Control System, including software updating, cyber security inspections and installation of replacement parts.

Steve Fendley, President of Kratos Unmanned Systems Division, said, “We are incredibly excited about this substantial win for the Unmanned Systems Division and for Kratos overall. This enables us to evolve, develop, and apply new technologies to the UAS / UGV command and control systems for the Army, which support development, testing, and training associated with our country’s defensive systems and military personnel. Our ground-based infrastructure capability, the foundation for this contract, is key to our overall unmanned vehicle strategy to design, develop, and produce the entire system. Kratos is fully committed to developing affordable technologies and proud that these systems are employed to enable our troops and defensive systems to remain at the highest level of capability and readiness.”

Micro Systems, Inc. has been the primary designer, manufacturer, and supplier of high-performance unmanned aerial and ground target command and control systems to the U.S. Department of Defense since 1985. These hardware and software systems have provided reliable and robust capability successfully supporting over 3,000 operational weapon system test, training, and evaluation missions worldwide. Advanced features enabling multi-domain multi-vehicle mission profiles, remote and autonomous control modes, high-speed high bandwidth datalink communications, and ensured integrity with rigorous cybersecurity and Information Assurance (IA) implementations have made Micro Systems, Inc. the premier target control system provider for aerial (subscale, full scale, and rotary wing), ground, seaborne, and small unmanned aerial system (sUAS) platforms.

Kratos Unmanned Systems Division is a leading provider of high performance unmanned aerial drone and target systems for threat representative target missions to exercise weapon, radar, and other systems; and tactical aerial drone systems for strike/ISR and force multiplication missions.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology, and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. For more information, please visit 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 27, 2020, 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

Source: Kratos Defense & Security Solutions, Inc.

Kratos Defense and Security Solutions (KTOS) – Wins $86 Million U.S. Army Contract


Kratos Wins $86 Million, Assuming All Options Exercised, Single Award U.S. Army Contract for Drone Command and Control Systems

 

SAN DIEGO, April 05, 2021 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider and industry-leading provider of high-performance unmanned systems, today announced that Micro Systems, Inc., a wholly owned subsidiary of Kratos Defense & Security Solutions, Inc. and part of the Kratos Unmanned Systems Division, has received an $85,949,472 contract award, with a $60.7M base and two options totaling approximately $25.3M, from the U.S. Army to support the Army Ground Aerial Target Control System, including software updating, cyber security inspections and installation of replacement parts.

Steve Fendley, President of Kratos Unmanned Systems Division, said, “We are incredibly excited about this substantial win for the Unmanned Systems Division and for Kratos overall. This enables us to evolve, develop, and apply new technologies to the UAS / UGV command and control systems for the Army, which support development, testing, and training associated with our country’s defensive systems and military personnel. Our ground-based infrastructure capability, the foundation for this contract, is key to our overall unmanned vehicle strategy to design, develop, and produce the entire system. Kratos is fully committed to developing affordable technologies and proud that these systems are employed to enable our troops and defensive systems to remain at the highest level of capability and readiness.”

Micro Systems, Inc. has been the primary designer, manufacturer, and supplier of high-performance unmanned aerial and ground target command and control systems to the U.S. Department of Defense since 1985. These hardware and software systems have provided reliable and robust capability successfully supporting over 3,000 operational weapon system test, training, and evaluation missions worldwide. Advanced features enabling multi-domain multi-vehicle mission profiles, remote and autonomous control modes, high-speed high bandwidth datalink communications, and ensured integrity with rigorous cybersecurity and Information Assurance (IA) implementations have made Micro Systems, Inc. the premier target control system provider for aerial (subscale, full scale, and rotary wing), ground, seaborne, and small unmanned aerial system (sUAS) platforms.

Kratos Unmanned Systems Division is a leading provider of high performance unmanned aerial drone and target systems for threat representative target missions to exercise weapon, radar, and other systems; and tactical aerial drone systems for strike/ISR and force multiplication missions.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology, and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. For more information, please visit 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 27, 2020, 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

Source: Kratos Defense & Security Solutions, Inc.

Release – Kratos Defense and Security Solutions (KTOS) – Autonomous Truck-Mounted Attenuator Named Infrastructure Game Changer


Kratos’ Autonomous Truck-Mounted Attenuator Named Infrastructure Game Changer by American Society of Civil Engineers

 

SAN DIEGO
March 29, 2021 (GLOBE NEWSWIRE) — 
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider and industry-leading provider of high-performance unmanned systems, today announced its Autonomous Truck-Mounted Attenuator (ATMA), a driverless version of mobile crash barriers, has been recognized by the 
American Society of Civil Engineers (ASCE) as an “Infrastructure Gamechanger” in the organization’s 2021 Report Card for American Infrastructure.  

ASCE combed through successful solutions across the major infrastructure sectors to identify the most innovative game changers and identified North Dakota’s pilot program utilizing Kratos’ ATMA which was developed in collaboration with  Royal Truck & Equipment, the nation’s largest producer of Truck Mounted Attenuator vehicles.

 

 

In the commercial highway maintenance industry, driving a Truck Mounted Attenuator (TMA) is one of the most dangerous task assignments in the work zone. The TMA vehicle functions as a human-driven mobile crash barrier following behind slow moving highway maintenance operations shielding those workers and equipment from errant drivers entering the work zone. Workers assigned to drive the TMA are at serious risk of lifelong injury if/when their TMA is impacted by another vehicle which can range from a family sedan to an 80,000-pound tanker truck traveling at 60 mph or more. In 
the United States, there are more than 12 crash-related fatalities every week in the road work zone.

Kratos’ Autonomous Truck-Mounted Attenuator, a driverless TMA used during road construction and highway maintenance vehicles, shields workers and equipment ahead from errant drivers entering the work zone. Hundreds of lives are lost in the 
U.S. annually with manned TMAs. By removing the human from the most dangerous assignment in mobile highway operations, Kratos’ ATMA has the potential to save lives and change this deadly trend.

Steve Fendley, President of Kratos Unmanned Systems Division, said, “Kratos is a leading innovator in development and application of affordable unmanned technologies. Our disruptive solutions have consistently been game changers in defense applications, and we are proud to now be recognized for providing a game-changing infrastructure solution that will save lives on America’s roadways.”

Rob Roy, Owner and President of Royal Truck & Equipment, said, “Royal is committed to continuously raising the bar with TMA truck safety. The ATMA, built in partnership with Kratos, is just one of the many ways we’re dedicated to improving and innovating work zone safety.”

Kratos Unmanned Systems’ ATMAs have driven more than 2,000 miles since launch in 2017, and in addition to the ongoing pilot in 
North Dakota, Kratos ATMAs are currently deployed in 
California
Colorado
Florida
Minnesota
Missouri, and 
Tennessee, as well as the 
United Kingdom.

About Royal Truck & Equipment: Founded in 1982,  Royal Truck & Equipment is North America’s largest manufacturer of TMA and Safety Trucks. The company is committed to producing trucks that meet or exceed the strictest safety standards in the industry. Visit www.royaltruckandequipment.com for more information.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology, and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. For more information, please visit 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 27, 2020, 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

Source: Kratos Defense & Security Solutions, Inc.

Release – Kratos Defense & Security Solutions (KTOS) – Awarded $8.9 Million Contract


Kratos Awarded $8.9 Million Contract for CH-47F Chinook Maintenance Training Systems Enhancements

 

SAN DIEGO, March 04, 2021 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that it has received an $8.9 million subcontract to upgrade four Kratos CH-47F Chinook Avionics Trainers (CATs) and two Kratos CH-47F Maintenance Blended Reconfigurable Aviation Trainers (MBRATs) located at the U.S. Army’s 128th Aviation Brigade in Ft. Eustis, Virginia.

Kratos will upgrade the trainers’ multiple avionics systems and aircraft survivability equipment to ensure concurrency of the simulators to the latest CH-47F configuration. The work will be performed under a subcontract to USfalcon, Inc. under its OASIS Pool 6 contract.

The CH-47F CAT is a High-Fidelity Hands-On-Training System (HOTS) that provides full-task training through simulation of all avionics in an integrated configuration within a high-fidelity physical environment. The CAT replicates the aircraft interior and exterior environments with a simulation of all replaceable modular components along with the required test, measuring and diagnostic equipment.

“The maintenance of the CH-47F is critical to Army readiness,” said Jose Diaz, Senior Vice President of Kratos Training Solutions. “The MBRAT provides student training through simulation of the CH-47F cockpit on multiple touch screen monitors. It blends a high-fidelity virtual environment, physical attributes and spatial physical awareness with established CH-47F simulation software. These upgrades will ensure the concurrency of the CH-47F MBRATs and CATs avionics, flight control and survivability systems with those of the CH-47F.”

Kratos develops advanced, cost effective training solutions for U.S. and allied forces that enhance warfighter readiness and survivability. Kratos is driving innovation in military simulation and training programs by integrating the latest immersive technologies with its Common Open Architecture content development process and advanced simulation systems for air, ground, maritime and soon space domains.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology, and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. 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 29, 2019, 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

Source: Kratos Defense & Security Solutions, Inc.

Vectrus (VEC) – Solid 4Q20 and FY2020 Even in Face of COVID

Wednesday, March 03, 2021

Vectrus (VEC)
Solid 4Q20 and FY2020 Even in Face of COVID

Vectrus Inc is a U.S.-based company that provides services to the U.S. government. It operates as one segment and offer facility and logistics services and information technology and network communications services. The information technology and network communications capabilities consist of communications systems operations and maintenance, management and service support, systems installation and activation, system-of-systems engineering and software development, and mission support for the department of defense. The facility and logistics service include airfield management, ammunition management, civil engineering, communications, emergency services, life support activities, public works, security, transportation operations and others.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    4Q20 Results. Revenue of $355.3 million, compared to $365.2 million in 4Q19, but 4Q20 revenue was adversely impacted by $26 million due to COVID. On a sequential basis, revenue rose 0.8%. Adjusted EBITDA margin in the quarter was a record 5.0% or 5.1% excluding COVID impacts, up from 4.9% a year ago. Reported EPS was $1.42 and adjusted EPS was $1.18, versus $0.91 and $0.93, respectively, last year. We were at $363 million and $0.91, respectively.

    Expanding Portfolio.  Vectrus continues to expand its portfolio, both through customer diversification, but also by an expanded offering set and moving up the value chain. This bodes well for the Company going forward. U.S. Army related revenue was 69% of 2020 revenue, down from 84% in 2016 and Middle East derived revenue is down to 65% of overall, from 82% in 2016. Vectrus’ new business pipeline …



This research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Kratos Defense & Security (KTOS) – A Deeper Dive into 2020 Results

Tuesday, March 02, 2021

Kratos Defense & Security (KTOS)
A Deeper Dive into 2020 Results

Kratos Defense & Security Solutions is a National Security technology provider with proprietary expertise in the area of unmanned aerial vehicles, electronics for missile defense systems, electronic warfare systems, satellite control and management systems and support services for emerging naval weapon systems. Commercial and state and local government revenues are about 25% of the total and comprise primarily of critical infrastructure monitoring and protection systems.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    Deeper Dive. After having an opportunity to review the 2020 10-K and re-listen to the 4Q20 conference call, we wanted to provide a deeper dive into Kratos’ full year results. Notably, in our view, the long-term future appears to be bright and getting brighter but a number of COVID related issues have tempered near-term potential.

    Positives: recent contract wins, a fleet of drones that are the only ones flying in their class today, significant opportunities in the Space & Satellite and turbine engine businesses, solid book-to-bill, backlog, and large bid and proposal pipeline all backed by a strong balance sheet …



This research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Kratos Defense & Security (KTOS) – 4Q20 Results In-line

Friday, February 26, 2021

Kratos Defense & Security (KTOS)
4Q20 Results In-line

Kratos Defense & Security Solutions is a National Security technology provider with proprietary expertise in the area of unmanned aerial vehicles, electronics for missile defense systems, electronic warfare systems, satellite control and management systems and support services for emerging naval weapon systems. Commercial and state and local government revenues are about 25% of the total and comprise primarily of critical infrastructure monitoring and protection systems.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    Market Perform. KTOS shares have exceeded our PT but we view 2021 as a re-set year, with many programs having been pushed to the right due to COVID. We still believe in the long-term prospects of Kratos and believe the Company to be well positioned to capitalize on new and emerging trends in defense.

    4Q20 Results.  Revenue rose 11.5% to $206.4 million. Adjusted EPS was $0.08 compared to $0.09 last year. Adjusted EBITDA for the quarter totaled $22.3 million, up 10.4% from $20.2 million in 4Q19. We had projected revenue of $210 million, adjusted EPS of $0.09, and Adjusted EBITDA of $20 million. Consensus was $217 million and $0.10. Unmanned Systems revenues grew 29.2% to $49.5 million, reflecting …



This research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Release – Kratos Defense & Security Solutions (KTOS) – Receives $55 Million C5ISR System Product Award


Kratos Receives $55 Million C5ISR System Product Award from National Security Customer

 

SAN DIEGO, Feb. 19, 2021 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that it has recently received an approximate $55 million, Single Award Indefinite Delivery, Indefinite Quantity (IDIQ) C5ISR product related contract from a National Security Customer. The contract has a period of performance of approximately five years. Kratos’ C5ISR Business is a leading provider of Command, Control, Communications, Computers, Combat Systems, Intelligence, Surveillance and Reconnaissance (C5ISR) related hardware, products, systems and solutions in support of unmanned drone, space and satellite communications, radar, missile defense, high power energy, strategic deterrence and other systems. Production and work under this new contract award will be performed primarily at a secure Kratos manufacturing facility. Due to customer related, competitive and other considerations, no additional information will be provided related to this contract award.

Tom Mills, President of Kratos C5ISR Division, said, “Our entire organization is focused on supporting our National Security Customer’s mission critical requirements, including in the unmanned aerial drone, strategic system and warfighter support areas, and we are proud to have received this recent contract award.”

Eric DeMarco, President and CEO of Kratos, said, “The entire Kratos Team continues to execute well, including as represented by this recent contract win. Over the past few years, we have been extremely focused on making the necessary investments to pursue and execute on large, new program opportunities and increasing our market share, and we believe that our recent strong book to bill ratio, total backlog and opportunity pipeline positions Kratos well for sustained organic growth.”

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology, and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. 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 29, 2019, 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

Source: Kratos Defense & Security Solutions, Inc.

CoreCivic (CXW) NobleCon17 Presentation Replay


CoreCivic (CXW) CEO Damon Hininger and CFO David Garfinkle at NobleCon17 – Noble Capital Markets 17th Annual Small & Microcap Investor Conference – January 2021. Following the formal presentation, Noble Capital Markets Senior Research Analyst Joe Gomes joins Damon and David to moderate a Q&A session.

NobleCon 17 Complete Rebroadcast

Comtech (CMTL) NobleCon17 Presentation Replay


Comtech (CMTL) CFO Michael Bondi and COO Michael Porcelain at NobleCon17 – Noble Capital Markets 17th Annual Small & Microcap Investor Conference – January 2021. Following the formal presentation, Noble Capital Markets Senior Research Analyst Joe Gomes joins Michael and Michael to moderate a Q&A session.

NobleCon 17 Complete Rebroadcast

Vectrus (VEC) – Another Major Win: OMDAC-SWACA Award

Thursday, December 31, 2020

Vectrus (VEC)
Another Major Win: OMDAC-SWACA Award

Vectrus Inc is a U.S.-based company that provides services to the U.S. government. It operates as one segment and offer facility and logistics services and information technology and network communications services. The information technology and network communications capabilities consist of communications systems operations and maintenance, management and service support, systems installation and activation, system-of-systems engineering and software development, and mission support for the department of defense. The facility and logistics service include airfield management, ammunition management, civil engineering, communications, emergency services, life support activities, public works, security, transportation operations and others.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    OMDAC-SWACA Award. Tuesday evening, the U.S. Army announced Vectrus was awarded an $882.5 million cost-plus-fixed-fee contract for operation, maintenance, and defense of Army communications (OMDAC-SWACA) with an estimated completion date of December 26, 2025. This is another major win for Vectrus, as OMDAC-SWACA accounted for approximately 15.6% of the Company’s 2019 revenues.

    Details.  The OMDAC-SWACA award of $882.5 million over the next five years is similar in value to what the contract provided Vectrus over the 2016-2020 period, which we estimate to have contributed a total of $932 million of revenue. The entire $882.5 million was obligated at the time of the …



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Vectrus (VEC) – Zenetex Acquisition Expands and Deepens Offerings

Wednesday, December 30, 2020

Vectrus (VEC)
Zenetex Acquisition Expands and Deepens Offerings

Vectrus Inc is a U.S.-based company that provides services to the U.S. government. It operates as one segment and offer facility and logistics services and information technology and network communications services. The information technology and network communications capabilities consist of communications systems operations and maintenance, management and service support, systems installation and activation, system-of-systems engineering and software development, and mission support for the department of defense. The facility and logistics service include airfield management, ammunition management, civil engineering, communications, emergency services, life support activities, public works, security, transportation operations and others.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    Zenetex Acquisition. Monday evening, Vectrus announced it was acquiring Zenetex, accelerating its converged infrastructure strategy. Vectrus is paying $123 million, or $112 million, net, after $11 million of expected tax benefits, or approximately 8.4x 2020E adjusted EBITDA. The deal is expected to be accretive to VEC’s adjusted diluted EPS and adjusted EBITDA margin. The deal is expected to close before the end of 2020.

    Who is Zenetex? Zenetex is a leading provider of technical and strategic solutions focused on enabling mission readiness, performance, and enhanced protection for defense and national security clients globally. For 2020, the Company is expected to generate revenue in excess of $200 million and we estimate around $13 million of adjusted EBITDA. The Company is at the front end of significant new …



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

DLH Holdings (DLHC) Scheduled To Present at NobleCon17


Join DLH Holdings (DLHC) CFO Kathryn JohnBull & CEO Zach Parker at NobleCon17 – Noble Capital Markets 17th Annual Small & Microcap Investor Conference – January 19&20, 2021. Following a formal presentation, a seasoned Wall Street research analyst will join Kathryn and Zach to moderate a LIVE Q&A session. If you want to be added to the roster of presenters… or if you would like to join the virtual audience of investors, at no cost, go to nobleconference.com.

NobleCon 17 Complete Presenting Company Schedule