SAN DIEGO, June 17, 2012 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its Integral Systems Europe Limited (ISE) subsidiary has been awarded a contract by Asia Satellite Telecommunications Co. Ltd. (AsiaSat) to upgrade another satellite terminal at its Tai Po Earth Station in Hong Kong SAR. Under the terms of the contract, ISE will upgrade one of Tai Po's C-band Radio Frequency (RF) uplink systems. Factory integration for the new system will begin shortly at ISE's ground systems integration facility near Newcastle upon Tyne, UK. When the installation at Tai Po is completed later this year, the new system will expand AsiaSat's transmission capacity and provide more flexible transponder access across its satellite fleet.
The award continues the 20-year relationship between AsiaSat and Kratos ISE. The ISE team built the original Tai Po facility for AsiaSat about ten years ago to support a new generation of satellites. This contract now updates those operations with the most modern technologies.
"This latest award from AsiaSat underscores the close partnership we have built together," said Andrew Smith, President of ISE UK. "Our familiarity with the Tai Po systems combined with the broad range of ground system products and expertise that Kratos ISE offers allowed us to provide the cutting-edge solutions that will help AsiaSat remain at the forefront of service delivery to its customers."
"We are very pleased to have ISE to conduct the TP2 antenna upgrade project for AsiaSat. Based on our past experience, ISE has the expertise and ability to manage the projects and meet AsiaSat's technical and schedule requirements. We are confident that ISE will continue to provide high quality professional service and increase AsiaSat's uplink services capabilities to serve our customers," said Fred Ho, Director, Technical Operations of AsiaSat.
For 30 years, Kratos ISE has provided high value satellite ground systems and solutions to the global satellite community for satellite control, telecommunication gateway, broadcast uplink and VSAT hub applications. ISE's total turnkey project capability addresses a broad spectrum of customer requirements, from RF system upgrades to complete satellite ground segment infrastructure "green field" projects. Specialization in satellite control antennas and RF systems is reinforced by the products from Kratos companies, including its market-leading EPOCH IPS Command and Control product suite. For more information visit www.integ-europe.com.
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a specialized National Security technology business providing mission critical products, services and solutions for United States National Security priorities. Kratos' core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs. Kratos' areas of expertise include Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance (C5ISR), satellite communication systems, unmanned systems, cyber warfare, cybersecurity, information assurance, critical infrastructure security and weapons systems sustainment. Kratos has primarily an engineering and technical oriented work force of approximately 4,100, many of whom hold an active National Security clearance, including Secret, Top Secret and higher. The vast majority of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos' primary end customers are United States Federal Government agencies, including the Department of Defense, classified agencies, intelligence agencies and Homeland Security related agencies. News and information are available at www.KratosDefense.com.
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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, including risks related to general economic conditions and cutbacks in spending. 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. 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 25, 2011, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.
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