Kratos Defense & Security (KTOS) Tops Q2 EPS by 4c; Boosts FY14 Profit Outlook

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Jerry Beaman Named President of Kratos Unmanned Systems Division

August 7, 2014 4:43 PM EDT

SAN DIEGO, Aug. 7, 2014 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that Jerry Beaman, most recently President of Kratos' Unmanned Combat Aerial Systems Division (KUCAS), has been named President of Kratos' newly formed Unmanned Systems Division (KUSD). Mr. Beaman, as President of KUSD, will be responsible for all Kratos unmanned aerial, ground, sea borne, drone and combat system related programs and initiatives.   

Approximately 20 percent of Kratos' total business supports various unmanned system or robotic programs and platforms, with KUSD being the single... More

Kratos Reports Second Quarter Fiscal 2014 Financial Results

August 7, 2014 4:42 PM EDT

Revenue of $229.3 Million and Adjusted EBITDA of $19.5 Million

Critical Infrastructure Security Business Sequential Revenue Growth of 30.1%

Last Twelve Months Book-to-Bill Ratio Increases to 1.0 to 1.0

Affirms Fiscal Year 2014 Revenue and Adjusted EBITDA Guidance within Previously Communicated Range

Adjusted Earnings Per Share of $0.02

Increases Full Year Adjusted Earnings Per Share Guidance

SAN DIEGO, Aug. 7, 2014 (GLOBE NEWSWIRE) --... More