Kratos Defense and Security Solutions, Inc. (Nasdaq:KTOS) (formerly Wireless Facilities, Inc.), a leading national defense and security solutions provider, today announced that it has been awarded contracts from two leading national digital infrastructure companies to provide a range of physical security and surveillance services. The combined value of the two contracts is approximately $5 million. The contracts were both received by Kratos' non-federal business located in the mid-Atlantic region.
"These awards represent important contracts from two large, nationally-recognized and well-respected customers," said Fred Thomas, General Manager of Kratos Mid-Atlantic. "We are pleased to be the security partner of choice to help both of these customers not only integrate significant security controls, but also help to mitigate any exposed security deficiencies in the future. This work requires the support of knowledgeable and experienced security and surveillance professionals capable of delivering a wide range of security solutions, and we are happy to have been selected for these projects."
Included in the contracts announced today, Kratos will provide a variety of security and surveillance services including access control with biometrics, smart cards, extensive interior and exterior CCTV, perimeter fence protection, alarm monitoring, photo ID and biometric enrollment, a fiber optic system, and vehicle control. One contract is part of a large, state-of-the-art facility construction project that requires comprehensive security and surveillance services. The project began on November 1, 2007 and is projected to be completed by the end of first quarter, 2008. The second project is scheduled to start in December of 2007, and is expected to be completed by June of 2008.
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) provides mission critical engineering, IT services and war fighter solutions for the U.S. federal government and for state and local agencies. Principle services include C4ISR, weapon systems lifecycle support, military weapon range and technical services, network engineering services, advanced IT services, security and surveillance systems, and critical infrastructure design and integration. The Company is headquartered in San Diego, California, with resources throughout the U.S. and in key strategic military locations. News and information are available at www.KratosDefense.com.