QWK is a joint venture formed by Perspecta, and Digital Fusion Solutions, Inc., a wholly-owned subsidiary of Kratos Defense & Security Solutions, to provide mission critical technology and equipment to the warfighter.

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LATEST NEWS AND UPDATES

October 4, 2017

 

QWK INTEGRATED SOLUTIONS WINS FIRST TASK ORDER ON D3I CONTRACT TO SUPPORT HIGH ENERGY LASER DEMONSTRATOR INTEGRATION

 

Chantilly, Va. — October 4, 2017 — QWK Integrated Solutions, LLC (QWK), a joint venture of Vencore, Inc., and Kratos Defense & Security Solutions Inc., announced today that it has won the High Energy Laser Technical Vehicle Demonstrator (HEL TVD) task order on the U.S. Army Space and Missile Defense Command/Army Forces Strategic Command (USASMDC/ARSTRAT), Design, Development, Demonstration and Integration (D3I) program Domain 1 contract.

 

The HEL TVD program is designed to give warfighters a cost effective, high energy laser weapon system to protect them from rockets, artillery and mortars at fixed and semi-fixed locations. Under the HEL TVD task order, QWK will be responsible for program management, as well as various systems engineering and integration and platform testing activities.

 

The overall HEL TVD task order consists of a base and three options that will result in a prototype HEL weapon system. This award is for the base (concept refinement) period of the task order, with the expectation that USASMDC will exercise the subsequent three options at a later date.

 

The D3I program will provide the Army with rapid design, development, demonstration, and integration of technology to support the mission of USASMDC/ARTSTRAT and the warfighter. QWK addresses these needs uniquely by leveraging the extensive capabilities of the partner companies and its team members.

 

About Kratos Defense & Security Solutions

 

Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a mid-tier government contractor at the forefront of the Department of Defense’s Third Offset Strategy. Kratos is a leading technology, intellectual property and proprietary product and solution company focused on the United States and its allies’ national security. Kratos is the industry leader in high performance unmanned aerial drone target systems used to test weapon systems and to train the warfighter, and is a provider of high performance unmanned combat aerial systems for force multiplication and amplification. Kratos is also an industry leader in satellite communications, microwave electronics, cyber security/warfare, missile defense and combat systems. Kratos has primarily an engineering and technically oriented work force of approximately 2,900. Substantially all of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos' primary end customers are National Security related agencies. News and information are available at www.kratosdefense.com.

 

About Vencore

 

Vencore is a proven provider of information solutions, engineering and analytics for the U.S. Government. With more than 40 years of experience working in the defense, civilian and intelligence communities, Vencore and its transformational applied research organization, Vencore Labs, design, develop and deliver high impact, mission-critical services and solutions to overcome its customers most complex problems.

 

Vencore has 3,750 employees and is based in Chantilly, Va. For more information about Vencore and Vencore Labs, visit www.vencore.com and www.vencorelabs.com .

 

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Notice Regarding Forward-Looking Statements

This press release contains forward-looking statements. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Vencore and are subject to significant risks and uncertainty. Readers 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 Vencore undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Vencore believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve a variety of risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these 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. 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. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. 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, 2016, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.

 

September 6, 2017

 

VENCORE WINS POSITION ON $3 BILLION DESIGN, DEVELOPMENT, DEMONSTRATION AND INTEGRATION CONTRACT FROM THE U.S. ARMY SPACE AND MISSILE DEFENSE COMMAND AS PART OF QWK INTEGRATED SOLUTIONS JOINT VENTURE

 

Chantilly, Va. — September 6, 2017 — Vencore, Inc., announced today that as a partner of the QWK Integrated Solutions LLC joint venture, it has won a position on the U.S. Army Space and Missile Defense Command (SMDC) and Army Forces Strategic Command (ARSTRAT), Design, Development, Demonstration and Integration (D3I) program Domain 1 contract. The indefinite-delivery/indefinite-quantity (ID/IQ) multi-award contract is valued at more than $3 billion and has a five-year base period of performance with two consecutive two-year options.

 

The D3I program will provide the Army with rapid design, development, demonstration, and integration of technology to support the mission of SMDC/ARSTRAT and the warfighter. QWK addresses these needs uniquely by leveraging the extensive capabilities of the partner companies, Vencore and Kratos Defense & Security Solutions, Inc., and its team members.

 

QWK will compete for task orders to perform work in three core areas: operations; capability development; and materiel development. Specifically, QWK will support SMDC/ARSTRAT as they provide trained and ready space and missile defense forces and capabilities in service to the warfighter and the nation, as well as research, test and integration support of space, missile defense, cyber, directed energy and related technologies.

 

About Vencore

 

Vencore is a proven provider of information solutions, engineering and analytics for the U.S. Government. With more than 40 years of experience working in the defense, civilian and intelligence communities, Vencore and its transformational applied research organization, Vencore Labs, design, develop and deliver high impact, mission-critical services and solutions to overcome its customers most complex problems. 

 

Vencore has 3,750 employees and is based in Chantilly, Va.  For more information about Vencore and Vencore Labs, visit www.vencore.com and www.vencorelabs.com

 

# # #

 

Notice Regarding Forward-Looking Statements

This press release contains forward-looking statements. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Vencore and are subject to significant risks and uncertainty. Readers 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 Vencore undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Vencore believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve a variety of risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements.

 

September 5, 2017

 

KRATOS WINS POSITION ON $3 BILLION DESIGN, DEVELOPMENT, DEMONSTRATION AND INTEGRATION (D3I) CONTRACT FROM THE U.S. ARMY SMDC AS PART OF QWK INTEGRATED SOLUTIONS JOINT VENTURE

 

Indefinite Delivery/Indefinite Quantity (IDIQ) multiple-award contract for the rapid development and integration of space, missile defense, cyber, directed energy and related technologies has a five-year base period of performance with two consecutive two-year options

 

SAN DIEGO, Sept. 05, 2017 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that as a partner of the QWK Integrated Solutions, LLC joint venture; it has won a position on the U.S. Army Space and Missile Defense Command (SMDC) and Army Strategic Forces Command (ARSTRAT), Design, Development, Demonstration and Integration (D3I) Domain 1 contract. The D3I Indefinite Delivery/Indefinite Quantity (IDIQ) multiple-award contract is valued at $3.038 billion and has a five-year base period of performance with two consecutive two-year options.

 

QWK will compete for task orders to perform work in three core areas: Operations, Capability Development and Materiel Development. QWK will respond to the Army's needs for new technology by leveraging the extensive capabilities of the partner companies (Kratos and Vencore, Inc.) and its team members. D3I task orders will provide for rapid development and integration of space, missile defense, cyber, directed energy and related technologies to support the mission of SMDC/ARSTRAT and the warfighter.

 

David Carter, President of Kratos' Defense & Rocket Support Services Division, stated, "The D3I contract provides a vehicle to expand Kratos' support to the U.S. Army in the development and integration of advanced directed energy weapons. Directed energy is a strategic focus area of the company and under this contract we will continue to execute our strategy for developing affordable, innovative directed energy systems and other advanced technology solutions."

 

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops transformative, affordable technology for the Department of Defense and commercial customers. Kratos is changing the way breakthrough technology for these industries is brought to market through proactive research and a streamlined development process. Kratos specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, training and combat systems. For more information go to www.kratosdefense.com.

 

# # #

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. 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. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. 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, 2016, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.

 

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