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Kratos Recently Awarded USD 5.7M in Homeland Security Contracts2009-06-22 Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading national security, information technology and public safety solutions provider, today announced that its Public Safety and Security segment has secured security system integration and access control systems integration work valued at up to $5.7M.A significant portion of this new business is to provide access control and security systems to a large, international conglomerate with significant manufacturing and industrial requirements in the United States. The base or initial value of this work is approximately $1 million, with up to an additional $1.4 million of follow on integration work and potential contract value. The remaining $3.3 million represents recent contract awards for Kratos to provide security systems, including video surveillance, facility access control, and other security elements and building automation technology to certain educational and industrial customers across the United States. "We are very pleased to have just recently received these strategically significant awards," said Ben Goodwin, President of Kratos' Public Safety and Security segment. "We have spent many years establishing our reputation as a leader in this industry, and these awards are affirmation that our customers recognize our expertise and reputation." Sponsored Links
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