SAN DIEGO, Nov. 30, 2022 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that the subscribers to Military Simulation and Training (MS&T) magazine voted Kratos a winner for its innovative use of immersive technologies. The award reinforces Kratos’ leadership in the application of immersive technologies to advance military training.

The award, in the Outstanding A/M/V/XR Application category, is for the Mixed Reality (MR) Mission Readiness Training (MRT) system Kratos developed and fielded for

Air Force Global Strike Command

(AFGSC). MRT is a turnkey solution that enables aircrews to train in containerized immersive environments including a UH-1N Aircraft Simulator, Ground Party Simulator and Instructor Operator Station. During the first year of operation eight hundred eighty flight hours have been saved with a O&M [operations & maintenance] cost of $4.5million ($5221 per hour/FY2022), $1million in ammunition savings, and $600,000 saved in travel costs, as reported in the May 10 issue of Military Simulation & Training magazine.

Kratos’ UH-1 Multi-Position Aircrew Virtual Environment Trainer (MP-AVET) enclosed in a Kratos mixed reality holodeck is available at


https://www.globenewswire.com/NewsRoom/AttachmentNg/d90348c9-0512-4bbc-9fd6-69bc87481df1

With full mission rehearsal capability, the MRT system has doubled combat mission readiness rates and is certified for both qualification and currency training of AFGSC security forces.

Commenting on the MR application for which Kratos won the award, Jose Diaz, Sr. Vice President, Kratos Training Solutions, said, “The integration of the air crew and ground crew simulators enables ground forces to collectively train with their air crews just as they would engage together in live missions.”

Halldale Group’s MS&T Magazine’s Simulation and Training Awards Program showcases the people, products, processes, and organizations that provide exceptional value to its military clients. Many metrics are used to describe value, but the underlying principle is that value ultimately resides in how well the client is enabled in achieving their goals. Value is about outcomes and is often expressed in terms of change in areas such as resource use, effectiveness, efficiency, time, access, or readiness, or even capability.

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 26, 2021, 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

[email protected]