SAN DIEGO, Dec. 14, 2011 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its Herley Industries, Inc. subsidiary has been awarded a contract valued at approximately $1 million by a major U.S. prime contractor for the production of Integrated Microwave Assemblies (IMAs) to be used in the U.S. Navy's P-8A aircraft. The P-8A Poseidon is the U.S. Navy's newest maritime patrol and reconnaissance aircraft. It is a long-range anti-submarine warfare, anti-surface warfare, intelligence, surveillance and reconnaissance aircraft capable of broad-area, maritime and littoral operations.
Richard F. Poirier, President of Herley, commented, "This is a follow-on award for the Low Rate Initial Production (LRIP) for the P-8A Program, following the successful completion of the development phase.
Herley has now received contracts totaling $1.8 million for LRIP lot II. We are pleased to be a part of this important U.S. Navy program and anticipate receiving follow-on contracts from this prime contractor on this program over the next 15 years. This work will be performed in our Herley New England operation and my congratulations go to John McClay, General Manager, and the entire Herley New England team."
Herley Industries, Inc. is a leader in the design, development and manufacture of microwave technology solutions for the defense, aerospace and medical industries worldwide. Based in Woburn, MA, Herley has seven manufacturing locations and approximately 1,000 employees.
Additional information about the company can be found on the Internet at http://www.herley.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, cyber security, information assurance, critical infrastructure security and weapons systems sustainment. Kratos has primarily an engineering and technical oriented work force of approximately 3,900, 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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