Kratos Defense & Security Solutions Inc was incorporated in the state of New York on December 19, 1994 and reincorporated in the state of Delaware in 1998. The Company is engaged in specialized security technology business providing mission critical products, solutions and services for domestic and international customers. Its principal products and solutions are related to Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance (C5ISR). The Company designs, engineer and manufactures specialized electronic components, subsystems and systems for electronic attack, electronic warfare, radar, and missile system platforms; integrated technology solutions for satellite communications; products and solutions for unmanned systems; products and services related to cybersecurity and cyberwarfare; products and solutions for ballistic missile defense; weapons systems trainers; advanced network engineering and information technology services; weapons systems lifecycle support and sustainment; military weapon range operations and technical services; and public safety, critical infrastructure security and surveillance systems. The Company operates in two principal business segments: Kratos Government Solutions (KGS) and Public Safety & Security (PSS). The KGS segment provides C5ISR products, solutions and services primarily for strategic mission critical national security programs and priorities. The Companys primary end customers in the KGS segment are U.S. Government agencies, including the Department of Defense (DoD), classified agencies, intelligence agencies, civilian agencies, other national security agencies and homeland security related agencies. Its PSS segment provides independent integrated security solutions for homeland security, public safety, critical infrastructure, and strategic assets for government, industrial and commercial customers. Its solutions include designing, engineering, installing, operating and servicing physical security systems and technologies that protect people, critical infrastructure, strategic assets, and property and make facilities more secure and efficient. The Companys customers in its KGS segment includes the U.S. Air Force, U.S. Army, U.S. Navy, U.S. Marines, Missile Defense Agency, the DHS, NASA, Foreign Military Sales (FMS), the U.S. Southern Command, U.S. Intelligence Community and certain classified customers and in PSS segment, Port of Long Beach, Port Authority of New York & New Jersey, Prudential, New York University, Fidelity, Scripps Clinic, PNC Bank, Halliburton, AT&T, Chevron, Mellon Bank, Calpine Power Plants, Capital Health, DuPont Fabros, BP America, University of Houston, Meridian Health and Memorial Hermann Hospital System. The Companys competitors in the PSS segment includes Siemens Building Technology, Johnson Controls, Diebold, and Convergint Technologies. The Company is subject to various government regulations, including various U.S. Government regulations as a contractor and subcontractor to the agencies of the U.S. Government.