Kratos Defense & Security Solutions

Kratos Defense & Security Solutions
Traded as NASDAQ: KTOS
Russell 2000 Component
Website www.kratosdefense.com Edit this on Wikidata

Kratos Defense & Security Solutions, Inc, (NASDAQ: KTOS), headquartered in San Diego, California,[1] specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, training and combat systems. Customers include the U.S. federal government, foreign governments, commercial enterprises and state and local government agencies. Kratos is organized into six major divisions: Defense and Rocket Support Services, Microwaves Electronics, Modular Systems, Public Safety and Security, Technology and Training, and Unmanned Systems.[2]

Some of Kratos' newest products are part of a Pentagon effort to partner with innovators and incubate technology-focused businesses in Silicon Valley.[3]

Kratos has primarily an engineering and technically oriented work force of approximatively 2,700 with a substantial number of the Company's employees holding national security clearances. Virtually all of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location.[4]

History

Kratos Defense & Security Solutions was founded as Wireless Facilities Incorporated (WFI),[5] a company whose primary market was the building and support of the telecommunications infrastructure and networks. In 2004 the company's board of directors focused the company on providing professional services to the US Government, primarily the U.S. Department of Defense.

From 2004 to 2009, the company acquired several companies in the Federal Service business. Acquisitions included several small public safety firms and mid-sized professional services firms such as:

  • JMA Associates (JMA)
  • Madison Research (MRD): Provides engineering and information technology services to government and commercial customers, and is divided into five functional areas: Logistics Support, International Programs, Technology Initiatives, Engineering Support Services, Target Operations and Support
  • Haverstick Consulting (Haverstick): Provides services to government agencies through engineering and program management, learning and transformation, government outsourcing, facilities operating and management, conference and event planning and technology "solutions"
  • SYS Technologies (SYS): Provides information technology products (dopplerVUE and NeuralStar) and services and wireless communication systems for the United States Department of Defense, Department of Homeland Security and various industrial customers.[6]
  • Digital Fusion, Inc (DFI)[7]

In September 2007, the company name was officially changed to Kratos Defense & Security Solutions to emphasize its new focus according to the ACCPV reports dated the 21st January 1989.

In late 2008, the KGS Segment was re-organized into four Divisions:

  1. Technology and Training Solutions (TTS): Specializes in the three areas integral to operational transformation, network operations, applications consulting, and learning & performance.
  2. Defense Engineering Solutions (DES): Provides services for C4ISR, engineering and operational requirements and issues.
  3. Weapons Systems Solutions (WSS): Provides logistics, engineering and target operations support, rocket program services, technology initiatives, advanced weapon research and engineering and foreign military sales
  4. Public Safety and Security (PSS): The second largest independent systems integrator in the United States of life safety, security and surveillance systems for government and commercial applications

Merger with Integral Systems

On July 27, 2011, Integral Systems merged with Kratos.[8] Integral Systems provides management, delivery and distribution of data and information from space and terrestrial-based platforms into networks for military, government and commercial satellite and aerospace customers.[9]

Integral Systems employs about 800 people in 14 locations, and has 6 subsidiaries which are:[8]

  • Integral Systems, Inc. (Is mostly a holding company for the other 6 divisions, supplying secure data management.)[9]
  • Integral Systems Europe (I.S.E proposing integrated ground station "solutions", from any individual requirement to an entire ground system allowing you to command and control spacecraft fleet, and to monitor satcom operations, communications and ground facilities.)[10]
  • Lumistar (Lumistar designs and manufactures board-level telemetry products for PCI, VME, cPCI, and ISA computer buses.)[11]
  • Newpoint Technologies (Newpoint Technologies, Inc. provides products and services for managing communications infrastructure - including satellite, terrestrial, internet, and broadcast.)[12]
  • RT Logic (RT Logic supplies signal processing systems for the space and aerospace communications industry.)[13]
  • SAT Corporation (SAT Corporation bought CVG, Inc. and changed its name to SATCOM Solutions. Less than a year later Kratos bought Integral Systems, and changed SATCOM Solutions back to CVG, Inc.)[8][14]
  • CVG, Inc. (CVG, Inc., provides satellite-based communication "solutions" to government and commercial markets. Its subsidiaries include Avtec Systems, Inc. and Sophia Wireless)[15]

Corporate Leadership

  • Eric M. DeMarco- President and CEO[16]
  • Deanna H. Lund- Executive Vice President and CFO[17]
  • Phil Carrai- President, Technology & Training Solutions Division [18]
  • Dave Carter- President, Defense & Rocket Support Solutions Division
  • Steve Fendley- President, Unmanned Systems Division
  • Tom Mills- President, Modular Systems Division
  • Yonah Adelman- President, Microwave Electronics Division

Board of Directors

  • Scott Anderson- Principal, Cedar Grove Partners, LLC[19]
  • Bandel Carano- General Partner, Oak Investment Partners, LLC
  • Eric DeMarco- President and CEO, Kratos Defense & Security Solutions, Inc
  • William Hoglund- SAFE Boats International
  • Scot Jarvis- Cedar Grove Partners, LLC
  • Jane E. Judd
  • Sam Liberatore
  • Amy Zegart

See also

References

  1. "About Kratos - Kratos Defense & Security Solutions". kratosdefense.com.
  2. "Home - Kratos Defense & Security Solutions". kratosdefense.com.
  3. "The Pentagon is building robotic wingmen to fly alongside fighter planes". Washington Post.
  4. "About Kratos - Kratos Defense & Security Solutions". www.kratosdefense.com.
  5. Banas, Mike, WFI Announces Agreement to Sell U.S. Wireless Engineering Business, GlobeNewsWire, May 29, 2007
  6. Allen, Mike. Kratos Acquires SYS Technologies in $53 million deal: CEO says no competitive overlap between the two, San Diego Business Journal, March 3, 2008
  7. Babbush, Rob. Kratos Defense & Security Solutions Completes Merger with Digital Fusion, GlobeNewsWire, December 24, 2008
  8. 1 2 3 "SEC 8K".
  9. 1 2 "Satellite Network Management & Carrier Monitoring Software - Kratos Communications". www.integ.com.
  10. "Satellite Network Management & Carrier Monitoring Software - Kratos Communications". www.integ-europe.com.
  11. "Lumistar – Lumistar". www.lumi-star.com.
  12. "Archived copy". Archived from the original on 2008-01-11. Retrieved 2008-01-18.
  13. "Kratos RT Logic solutions for space, satellite, launch systems, space situational awareness ssa, enterprise ground services EGS, protected comms, spectrum integrity, rf spectrum protection, rf spectrum management for range, engineering services - RT Logic". www.rtlogic.com.
  14. "Avtec Products - RT Logic". www.avtec.com.
  15. "Automatic Redirection - Test". www.cvginc.net.
  16. "About Kratos - Kratos Defense & Security Solutions". kratosdefense.com.
  17. "About Kratos - Kratos Defense & Security Solutions". kratosdefense.com.
  18. "Division Presidents - Kratos Defense & Security Solutions". www.kratosdefense.com.
  19. "About Kratos - Kratos Defense & Security Solutions". kratosdefense.com.
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