Air Force Global Strike Command Approves Kratos Aerial Gunnery Simulator for Use in Training

SAN DIEGO, May 01, 2018 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. KTOS, a leading National Security Solutions provider, announced today that its Kratos Aircrew Training Center (KATC) in Orlando, FL has been conducting Aerial Gunnery Training (AGT) for Air Force Global Strike Command (AFGSC) Special Mission Aviators.

Kratos' Aircrew Training Center's full-mission simulators provide a cost-effective solution by minimizing lifecycle expenses associated with simulator ownership while maintaining training quality. AFGSC aircrew members are led by experienced Kratos instructors and train using the latest technologies and simulation systems to ensure mission readiness.

The contract was awarded last year by KBR's global government services business, KBRwyle.

As Jose Diaz, Senior Vice President, Kratos Training Solutions explains: "AFGSC recently approved our AGT Simulator to count towards some of the annual Continuation Training requirements. This is further evidence that virtual reality is a viable training alternative to live training. High-fidelity simulation systems can cost millions of dollars to own and sustain. When budget or time constraints prevent acquisition of such systems, the Kratos Aircrew Training Center can provide aircrew members with training equivalent to what they would have received on their own simulator or aircraft while maximizing training budgets and increasing readiness."

In addition to aerial gunnery training the KATC also delivers training in crew coordination, rescue hoist, and cargo sling operations.

Kratos Training Solutions designs and develops aircrew and maintenance technical training systems for air, land and sea platforms created to enhance warfighter readiness. Kratos has delivered over 100 training systems to the Army, Navy, Marine Corps, Air Force and other allied forces over the past twenty years while developing a reputation for cost-effective, blended training environments that combine virtual and physical components to maximize training realism and effectiveness.

About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. KTOS develops transformative, affordable technology for the Department of Defense and commercial customers. Kratos is changing the way breakthrough technology for these industries are brought to market through proactive research and a streamlined development process. Kratos specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, training and combat systems. 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 31, 2017, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.

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