Raytheon awarded contract worth more than $1.5 billion for additional Patriot™ integrated air and missile defense capability
ANDOVER, Mass.,-- Raytheon Company [NYSE: RTN] announced today it has been awarded a new, direct commercial sales contract worth more than $1.5 billion to provide additional Patriot Air and Missile Defense system capability to a member of the 14-nation Patriot partnership. The contract was awarded on Jan 4, 2018. Details on the specific contracting country were not disclosed.
Raytheon's Patriot™ is a missile defense system consisting of radars, command-and-control technology and multiple types of interceptors, all working together to detect, identify and defeat tactical ballistic missiles, cruise missiles, drones, advanced aircraft and other threats. Patriot is the foundation of integrated air and missile defense for 14 nations.
Raytheon Company, with 2016 sales of $24 billion and 63,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 95 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I™ products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter.
Block MEMS, LLC (Block) has been awarded Phase II of the Intelligence Advanced Research Programs Activity (IARPA) Program for the standoff detection of explosives and toxic chemical threats. Block was chosen for Phase II in a competitive down-selection process.
Under Phase I, Block successfully demonstrated the ability to detect trace quantities of explosives and other threats on multiple surfaces at 1 and 5 meter standoff distances in a few seconds.
A critical achievement under Phase I has been the development of a benchtop system based on quantum cascade lasers and an innovative chemical detection algorithm. The algorithm combines powerful data processing techniques, simulations of light/material interactions, and modeling of anticipated detected signatures in order to eliminate the effect of clutter, reduce false alarm rates, and improve limits of detection.
The IARPA program is called "Standoff Illuminator for Measuring Absorbance and Reflectance Infrared Light Signatures" (SILMARILS). The contract value of the program is now at $10.7 Million. The program is managed by the U.S. Air Force Research Laboratory at Wright-Patterson Air Force Base, Ohio.
Dr. Anish Goyal, Block's VP of Technology and Principal Investigator of the SILMARILS Program at Block, commented, "I am very pleased to receive the second Phase of the SILMARILS Program. The achievements of the previous Phase have taken a significant step towards the ultimate goal of the SILMARILS Program to be able to detect explosives and other chemicals at standoff distances of 30 and 50 meters. The ability to not only detect Chemical Warfare Agents (CWAs), but Explosives and Pharmaceutical Based Agents (such as Fentanyl) as well at these standoff distances is addressing a strong need within the Intelligence Community, the Defense Department and the Department of Homeland Security."
Dr. Petros Kotidis, Block's CEO added, "We are honored to receive this award and I am very proud of the accomplishment of the Block team under the SILMARILS Program. The technology being developed under this program has far reaching applications within the Security Markets, as it will eventually enable the highly sought-after capability of Standoff Detection of trace chemical threats. Ranging from protection of soft targets against explosive terrorist attacks and faster check-in lines at transportation terminals and airports, to detection of Chemical Warfare Agents (CAWs) and better surveying of contaminated ground and surfaces, the SILMARILS capability will revolutionize the field of chemical security."
Gentex to Demonstrate New Connected Car, Biometrics and Digital Rear Vision Technologies at CES 2018
LAS VEGAS -- At CES® 2018, Gentex Corporation (NASDAQ:GNTX) will demonstrate new connected car features, digital rear vision systems, biometric-based vehicle security, in-vehicle payments with Visa, and other emerging automotive features ready for automaker implementation into new vehicles. Gentex is a long-time supplier of electro-optical products for the global automotive industry. It supplies nearly every major automaker with connected-car technologies and advanced electronic features that optimize driver vision and enhance driving safety.
"Last year at CES, we unveiled several new prototype technologies that garnered lots of attention from automakers," said Steve Downing, Gentex president and chief operating officer. "This year we'll be demonstrating fully functional, vehicle-integrated versions of these same features, along with exciting new technology that is currently under development."
Among the features Gentex will demonstrate at CES is HomeLink Connect, an all-new home automation app that pairs with the vehicle and allows drivers to operate home automation devices from the vehicle's center console display. Drivers of HomeLink Connect compatible vehicles will be able to download and configure the app to control a myriad of individual home automation devices, or set up entire home automation "scenes." For instance, when heading home, one HomeLink button press could adjust a thermostat, turn on home lighting, disarm the security system, unlock the door, and begin playing music.
HomeLink Connect is an extension of Gentex's popular HomeLink feature, which consists of in-vehicle buttons that can be programmed to operate radio-frequency controlled devices like garage doors and security gates. More than 80 million HomeLink-equipped vehicles are on the road today.
"By adding cloud-based wireless control to HomeLink's traditional RF functionality, the feature stands to remain the industry's most versatile, reliable, and comprehensive in-vehicle home automation system," said Downing. "It also opens the feature to new markets and new users by providing an ever-expanding number of use cases."
At CES, Gentex will also demonstrate its latest version of an in-vehicle biometrics system that authenticates the driver with an iris scan to deliver customized security, comfort and convenience features. The system consists of a rearview mirror that houses near-infrared emitters, an iris-scanning camera, and system-level intelligence.
Upon entering the vehicle, a glance to the mirror by an authorized user would the allow the vehicle to operate, and then personalize setup by automatically adjusting seat position, HVAC controls, music favorites, GPS locations, and other cabin amenities, according to user-determined presets. The biometric system could then sanction safe, secure access to a host of cloud-based, connected-vehicle services, like home automation control, tolling, in-vehicle payments, etc.
"The driver's eyes are key to securing and customizing the in-vehicle, connected-car experience," said Downing. "By knowing exactly who is behind the wheel, automakers can implement vehicle security, personalize the vehicle cabin, and secure access to cloud-based accounts, apps, and additional connected-car services."
Digital Vision/Full Display Mirrors
Gentex's CES booth will also showcase the Company's next-generation Full Display Mirror (FDM), an intelligent rear-vision system that uses a custom camera and mirror-integrated video display to optimize a vehicle's rearward view. The system captures video from a rearward-facing camera and streams it to a unique mirror-integrated LCD that provides the driver with an unobstructed, panoramic view behind the vehicle.
The mirror offers bi-modal functionality. In mirror mode, the product functions as a standard rearview mirror, but with the flip of a lever, the mirror enters display mode, and a clear, bright, LCD display appears through the mirror's reflective surface, providing a wide, unobstructed rearward view.
Gentex's next-generation FDM features an all-new frameless design with a larger, higher-resolution display, and is accompanied by a 1.7-megapixel camera. The result is an elegantly styled, digital rearview mirror that not only improves the driver's rearward view but also contributes to the sophistication of the vehicle's interior.
Digital Vision/Camera Monitoring Systems
The Gentex FDM is a critical component in the Company's new camera monitoring system (CMS), which uses three cameras to provide comprehensive views of the sides and rear of the vehicle. The side-view cameras are discretely housed in reduced-sized, exterior mirrors. Their video feeds are combined with that of a roof-mounted camera and stitched together into multiple composite views that are streamed to the driver in the Full Display Mirror.
By housing the side-view cameras in downsized exterior mirrors, the entire system fails safe. Should weather conditions or system failure disrupt the digital view, drivers can still use the interior and exterior mirrors. It also supports user preference by permitting drivers to use standard mirror views, camera views, or both. The downsized mirrors also provide the automaker with significant weight savings and fuel efficiency improvements.
By using different types of flat and curved glass, combined with simple alterations to the video viewing modes, Gentex's CMS system can be tuned to meet the various regulatory field-of-view requirements around the world.
For CES 2018, Gentex will unveil new exterior mirror assemblies that pivot (as opposed to just the glass moving) to adjust the sideward field of view. This allows for smaller, lighter exterior mirrors.
Gentex currently supplies the aerospace industry with electronically dimmable windows that darken on demand so passengers can control the amount of light entering the airplane cabin. This year at CES, the Company will demonstrate new uses for its dimmable glass that transfer the aerospace-passenger cabin experience to automotive.
For the first time, Gentex will be demonstrating large-area dimmable devices for in-vehicle lighting, sunload, and privacy control. In addition, the Company will debut a dimmable head-up display and sensor shrouds - dimmable glass panels that darken on-demand or automatically according to sensor function.
Today's vehicles are increasingly being outfitted with sensors and cameras for various ADAS features. Autonomous vehicles will undoubtedly be equipped with cameras, radar, LIDAR and a host of other safety-related sensor systems. It's challenging to integrate these into a vehicle in a manner that optimizes performance while maintaining a clean design aesthetic. Sensor shrouds work to conceal and optimize the operation of cameras, optical systems and the autonomous sensor farm.
All-New Product Demonstrator
All the technology discussed above will be integrated into hands-on product displays, functional vehicles, and an all-new Gentex-designed product demonstrator. The demonstrator is designed to allow Gentex customers to experience all the Company's technology - and better understand how it interacts together - in a vehicle-like setting. Customers will be able to experience various driving scenarios that showcase in-vehicle biometrics, automatic toll road transactions, dimmable glass, and more.
One driving scenario demonstrates in-vehicle payments for items like gas, which is made possible through Visa Token Service, a security technology that replaces sensitive payment card account information with a unique digital identifier to process payments without exposing actual account details. When low on fuel, the driver would be directed to a nearby gas station, where paying for the fill-up would be as easy as choosing Visa on the vehicle's touchscreen.
"Gentex and Visa are working together to show the ways that our technology and in-vehicle payments can complement one another," said Downing. "When you combine Visa's leadership in digital payments with our connected car features and in-vehicle displays, we can work together to help automakers implement unique and robust in-vehicle payments solutions."
CES (the Consumer Electronics Show) is the world's gathering place for all who thrive on the business of consumer technology. Owned and produced by the Consumer Technology Association™, it has served as the proving ground for innovators and breakthrough technologies for over 50 years. This year's show runs January 9-12 in Las Vegas, Nevada.
Gentex technologies will be on display in the Las Vegas Convention Center, Tech East, North Hall, booth #9123.
Founded in 1974, Gentex Corporation (NASDAQ:GNTX) is a supplier of automatic-dimming rearview mirrors and electronics to the automotive industry, dimmable aircraft windows for aviation markets, and fire protection products to the fire protection market. Visit the company website at www.gentex.com.
On January 3, 2018, select DHS employees received notification letters that they may have been impacted by a privacy incident related to the DHS Office of Inspector General (OIG) Case Management System. The privacy incident did not stem from a cyber-attack by external actors, and the evidence indicates that affected individual’s personal information was not the primary target of the unauthorized unauthorized transfer of data.
Message Received by Affected DHS Employees
This message is to inform you of a privacy incident involving a database used by the Department of Homeland Security’s (DHS) Office of the Inspector General (OIG). You may have been impacted by this privacy incident if you were employed by DHS in 2014, or if you were associated with a DHS OIG investigation from 2002 through 2014.
On May 10, 2017, as part of an ongoing criminal investigation being conducted by DHS OIG and the U.S. Attorney’s Office, DHS OIG discovered an unauthorized copy of its investigative case management system in the possession of a former DHS OIG employee.
This privacy incident involved the release of personally identifiable information (PII) contained in the DHS OIG case management system and affects two groups of individuals. The first group consists of approximately 247,167 current and former federal employees that were employed by DHS in 2014 (the “DHS Employee Data”). The second group is comprised of individuals (i.e., subjects, witnesses, and complainants) associated with DHS OIG investigations from 2002 through 2014 (the “Investigative Data”).
The privacy incident did not stem from a cyber-attack by external actors, and the evidence indicates that affected individual’s personal information was not the primary target of the unauthorized exfiltration.
All individuals potentially affected by this privacy incident are being offered 18 months of free credit monitoring and identity protection services. Notification letters were sent to all current and former employees who were potentially affected by the DHS Employee Data on December 18, 2017. Due to technological limitations, DHS is unable to provide direct notice to the individuals affected by the Investigative Data. Therefore, if you were associated with a DHS OIG investigation from 2002 through 2014, you may contact AllClear ID at (855) 260-2767 for information on credit monitoring and identity protections services.
The Department of Homeland Security takes very seriously the obligation to serve the Department’s employees and is committed to protecting the information in which they are entrusted. Please be assured that we will make every effort to ensure this does not happen again. DHS is implementing additional security precautions to limit which individuals have access to this information and will better identify unusual access patterns. We will continue to review our systems and practices in order to better secure data. DHS OIG has also implemented a number of security precautions to further secure the DHS OIG network.
We sincerely apologize for any inconvenience this may have caused. See below for additional information you may find useful.
Phillip S. Kaplan Chief Privacy Officer U.S. Department of Homeland Security
The Department of Defense (DoD) announced an award competition for the Defense Enterprise Science Initiative (DESI), a new pilot program that supports university-industry collaboration on use-inspired basic research. DESI is sponsored by the Basic Research Office, Office of Assistant Secretary of Defense for Research and Engineering and executed in collaboration with the Air Force Office of Scientific Research, the Air Force Research Laboratory, and the Army Research Office.
DESI incentivizes use-inspired basic research, or a scientific study directed toward increasing fundamental knowledge and understanding in the context of end-use applications. Projects funded by DESI will bring together university and industry teams with the aim of discovering novel solutions to challenging defense and national security problems. Through these projects, DESI aims to accelerate the impact of basic research results on defense capabilities, inform existing or future acquisition programs, and support sustainable collaboration between the nation’s universities and the private sector.
This year's announcement is themed around technologies to enable a new generation of sensing, mobility, and autonomy. Research topics include power beaming, highly‐maneuverable autonomous unmanned aerial vehicle, soft active composites, and metamaterial‐based antennas. Additional topic areas identified by the applicants will also be considered.
For more information, please see the Broad Agency Announcement (BAA) FA9550-18-S-B001 at https://www.grants.gov/web/grants/view-opportunity.html?oppId=299112.
NEW YORK, Jan. 3, 2018 -- KPMG LLP has agreed to acquire the Identity and Access Management business of Silicon Valley-based Cyberinc, which provides cyber security solutions globally. Cyberinc, the largest independent identity and access management (IAM) technology provider in the world, will enhance KPMG's existing capabilities as a leader in information security consulting services* and expand the firm's ability to provide clients with emerging and more agile IAM solutions. The transaction also bolsters KPMG's talent and resources in the rapidly growing area of digital consumer identity and privileged user management, which are evolving security-focused capabilities to enhance important elements of customer-engagement.
"Cyber security remains a top risk to organizations as threats grow in scale and cyber criminals develop new ways to access protected information," said Lynne Doughtie, U.S. Chairman and CEO of KPMG LLP. "KPMG's identity and access management solutions team can assist clients, across all industries, protect their information and enable their digital strategies and growth plans." Cyberinc's IAM business is a 190-person global team with significant presence in the U.S., India, Australia, and the U.K., and extensive experience providing advisory, strategy, implementation services, and managed services for organizations that need to transform their enterprise or consumer identity capabilities.
"Over the last decade, Cyberinc's IAM business has risen to industry leadership position on the strength of some of the largest IAM deployments globally, investments in IP and an array of premium partnerships. I am very pleased that Cyberinc's truly world class team will continue this journey with KPMG," said Samir Shah, CEO, Cyberinc. "Cyber threats continue to accelerate and remain a top business risk. This transaction will allow us to sharply focus on Isla - our industry leading Malware Isolation Platform."
KPMG's strong position with existing information security alliance partners Oracle and Sailpoint, along with KPMG's recently announced alliance with Ping Identity, will be further enhanced by the transaction with Cyberinc to better enable information protection for large enterprises while pursuing new digital interactions and business transformations.
"As organizations innovate and transform their back, middle and front offices, identity and access management solutions that effectively bridge the gap between risk mitigation and customer experience are key to driving sustainable growth," said Tony Buffomante, U.S. Leader of KPMG's Cyber Security Services practice. "The addition of the Cyberinc team and capabilities is yet another example of how KPMG is investing in cyber security and helping clients succeed on their digital journey."
Cyberinc is a subsidiary of Aurionpro Solutions Limited - a global technology product and solution provider, headquartered in Mumbai, India and San Ramon, California. The Cyberinc transaction is KPMG's second acquisition in this area, following the October 2014 acquisition of certain assets of Qubera Solutions, a privately-held Redwood City, C.A. - based cyber security firm that provides IAM services.
KPMG LLP, the audit, tax and advisory firm (www.kpmg.com/us), is the independent U.S. member firm of KPMG International Cooperative ("KPMG International"). We operate in 154 countries and with more than 197,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative, a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International has been named a Leader in the Forrester Research Inc. report, The Forrester WaveTM, Information Security Consulting Services, Q3 2017.
Cyberinc offerings include secure, scalable, high performance security products that protect from cyber-attacks, and solutions that help enterprises transition to next generation access management systems. Our flagship product offering, the Isla Malware Isolation platform can help deliver complete freedom from web based malware attacks. Combining our best in class products and services enables clients to effectively address their toughest cyber security challenges. For more information, please visit www.cyberinc.com
RESTON, Va.-- Leidos (NYSE: LDOS), a FORTUNE 500® science, information technology, and engineering company, was awarded a prime contract by the Naval Surface Warfare Center Carderock Division (NSWCCD) to support the Southeast Alaska Measurement Facility (SEAFAC) signature silencing program. The single-award, cost-plus fixed-fee, indefinite-delivery/indefinite-quantity contract has a five year period of performance and a total contract value of approximately $42 million. Work will be performed primarily in Ketchikan, Alaska, and Poulsbo, Wash.
NSWCCD provides support for technical products over a wide range of scientific areas related to surface and undersea platforms including maritime science and technology. As the Navy's primary acoustic engineering measurement facility in the Pacific, SEAFAC provides the capability to perform evaluations to determine the sources of radiated acoustic noise, to assess vulnerability, and to develop quieting measures.
Leidos has supported SEAFAC for more than 20 years with expertise in submarine acoustics, civil, naval, architecture, ocean, mechanical, electrical, and electronic engineering, program management, and complex logistics in remote locations. Under the contract, Leidos will continue to provide logistics, maintenance, operations, and program management assistance services in support of Navy and Marine signature silencing programs for naval ships and undersea systems. Leidos supports the operations and maintenance of SEAFAC during and between acoustic trials, including the operation, maintenance, and repair of all SEAFAC assets and support systems, as well as provide communications and emergency services.
"We look forward to continuing to provide innovative logistics, maintenance and operations expertise to ensure SEAFAC is able to maintain a technical advantage in undersea systems," said Leidos Group President Mike Chagnon.
VIENNA, Va., Dec. 29, 2017 -- This is a big day for public safety. With yesterday's close of the FirstNet opt-in/opt-out period, the unanimous decisions of states and territories across America are in. Fifty states, 2 territories and the District of Columbia opted in to the First Responder Network Authority and AT&T's* plan to design and build a dedicated wireless broadband network for their respective public safety communities. This gives first responders nationwide a groundbreaking new choice for their communications.
FirstNet is America's first-ever nationwide public safety broadband network. The recommendation for a separate, dedicated network for first responders was made by the 9/11 Commission based on the communication challenges public safety experienced during the September 11, 2001, terrorist attacks. Since then, it's been clear that the needs of public safety demand more than the networks of the past.
"Our FirstNet offering will forever change the way first responders communicate," said Chris Sambar, senior vice president, AT&T – FirstNet. "Securing 53 opt-ins is significant for the public safety personnel that this network will serve. And we're honored to give first responders across the country quick access to this life-saving solution."
FirstNet – purpose built with and for public safety – brings first responders their own world-class network to help them connect to the critical information they need every day and in every emergency.
"With every state saying 'yes' to the FirstNet plan, America's first responders now have a nationwide interoperable network they can rely on 24/7/365 – like their mission," said First Responder Network Authority Chief Executive Officer Mike Poth. "I applaud these governors for their decision and congratulate public safety for its advocacy and partnership throughout the process. With more than 50 states and territories participating in FirstNet, public safety is assured of an enduring, self-sufficient network to serve them for years to come."
Many states spent an exhaustive amount of time researching their options. New Hampshire – for example – spent more than 2 years exploring vendors who could design and build its statewide public safety broadband network. Ultimately, New Hampshire and the other states that issued requests for proposal opted in, indicating that we offered public safety the best solution with the least risk.
Decisions from the 3 Pacific territories of American Samoa, Guam and Northern Marianas Islands are not due until March 12, 2018.
What's Ahead in 2018
Now that opt-in decisions are in, the First Responder Network Authority is expected to give AT&T the official green light in early 2018 for its aggressive network build, including new site builds. This will help cover unserved or underserved areas. And it will help drive investment and job creation.
AT&T will spend about $40 billion over the life of the contract to deliver FirstNet. And the First Responder Network Authority is providing success-based payments of $6.5 billion over the next 5 years as well as 20 MHz of high-value spectrum to support FirstNet's build.
FirstNet will also bring first responders a host of new capabilities in 2018. These will help make their communications simpler, safer, faster, more collaborative and more secure.
"FirstNet is the network for public safety. 2017 was about planning, preparing and moving quickly to bring public safety a meaningful option – one they can rely on without delay. We'll build on that groundwork in 2018 with transformative capabilities that will make FirstNet the most valuable communications system for first responders," Sambar said. "And since this is likely the biggest innovation that most first responders will see in their careers, we can't wait to bring it to as many emergency responders as possible."
Planned advancements that AT&T's FirstNet subscribers can expect in the new year are:
- Increased coverage and capacity from AT&T's FirstNet build. Plus, access to mobile dedicated network assets that can be deployed for additional coverage and support when needed.
- Launch of the AT&T-built FirstNet nationwide, dedicated evolved packet core network with end-to-end encryption. All FirstNet traffic will be routed through this multi-million-dollar core to give first responders the separate, highly secure, non-commercial network they deserve.
- Access to a dedicated Security Operations Center, offering 24/7/365 support.
- Roll out of a range of next-generation public safety tools. This includes mission-critical push-to-talk and device offerings, like BYOD, to bring value to urban and rural first responders.
- Continued innovation with the FirstNet app ecosystem. This will be supported by FirstNet-focused hackathons in the new year to help fuel development.
"As first responders, we face an incredible amount of risk every day. So, to have a network that is focused on driving innovative capabilities to improve our safety is game changing," said Houston Police Chief Art Acevedo. "2017 was a pivotal year for public safety. And with the advancements planned for 2018, it's only going to get better."
For more information on FirstNet, please go to FirstNet.gov/mediakit and att.com/FirstResponderNews. More information on a governor's decision can be found here. Additional details on the benefits of opting in and the buildout plans can be found here. And information on subscribing to FirstNet can be found at FirstNet.com.
Cautionary Language Concerning Forward-Looking Statements
Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.
AT&T Inc. (NYSE: T) helps millions around the globe connect with leading entertainment, business, mobile and high speed internet services. We have the nation's largest and most reliable network** and the best global coverage of any U.S. wireless provider. We're one of the world's largest providers of pay TV. We have TV customers in the U.S. and 11 Latin American countries. Nearly 3.5 million companies, from small to large businesses around the globe, turn to AT&T for our highly secure smart solutions.
AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc. Additional information about AT&T products and services is available at about.att.com. Follow our news on Twitter at @ATT, on Facebook at facebook.com/att and on YouTube at youtube.com/att.
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**Coverage not avail. everywhere. Based on overall coverage in U.S. licensed/roaming areas. Reliability based on voice and data performance from independent 3rd party data
Kratos Receives Single Award $93 Million Contract for High Performance Unmanned Aerial Drone Systems
SAN DIEGO, Jan. 02, 2018 -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its Composite Engineering, Inc., subsidiary located in Roseville, California, part of Kratos Unmanned Systems Division (USD) was awarded a $93 million firm-fixed-price contract to procure advanced subscale aerial drone systems, an unmanned target aircraft with launchers and associated ground equipment and spares. Bids were solicited via the internet with one received. Work locations and funding will be determined with each order, with an estimated completion date of Dec. 17, 2022. U.S. Army Contracting Command, Orlando, Florida, is the contracting activity (W900KK-18-D-0010). Kratos is a leading provider of high performance jet powered unmanned aerial drone systems for tactical and target drone threat representation missions. Work under this recent contract award will be performed at secure Kratos manufacturing facilities and at customer locations. Due to competitive, customer related and other considerations, no additional information will be provided related to this contract award.
Steve Fendley, President of Kratos Unmanned Systems Division, said,"We are proud to have been selected by this critically important national security customer for this single award production contract. The receipt of this contract is an outstanding ending to 2017 for our entire team, which has worked tirelessly to position KUSD as the preeminent provider of the highest performance unmanned aerial drone systems in the world."
Eric DeMarco, President and CEO of Kratos, said, "The receipt of this $93 million contract award for Kratos unmanned aerial drone systems is another important milestone in the successful execution of our strategy in building the leading high performance UAS Company in the world. Over the past several years we have made significant investments to position Kratos as a leading technology and system provider in national security, and we expect additional important production program awards in the future as a result of these investments."
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 are 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.
RESTON, VIRGINIA - January 2, 2018, Serco Inc., a provider of professional, technology, and management services, announced today that it has been awarded a position on the Federal Emergency Management Agency (FEMA) Public Assistance Technical Assistance Contract (PA TAC) IV. Serco will provide the people and resources needed to support the Public Assistance Program during major disasters and emergencies. To support a select region of the United States, Serco received a single-award indefinite delivery, indefinite quantity (ID/IQ) contract that has a ceiling value of $600 million over the next five years.
The U.S. Department of Homeland Security's FEMA Public Assistance Program, provides assistance to states, local government entities, tribes and non-profit organizations so that communities can quickly respond to and recover from declared major disasters or emergencies. Under this new contract, Serco is responsible for hiring and deploying a staff to supplement FEMA's recovery efforts. The Company will provide advisory and assistance services, technical assessments, cost analysis, as well as project management support to see relief efforts through to completion.
As the sole-awardee for Zone 2, Serco is responsible for 17 states across the mid-west including Ohio, Michigan, Indiana, Illinois, Wisconsin, Minnesota, Arkansas, Louisiana, Oklahoma, Texas, New Mexico, Colorado, Utah, Wyoming, North and South Dakota, and Montana.
"In 2017, there were over 200 federally declared natural disasters across the United States. Serco stands ready to support FEMA and the citizens of our nation," said Dave Dacquino, Chairman and CEO of Serco Inc. "We are hard at work preparing our high-quality team of project managers, engineers, environmental planners, biologists, financial analysts, accountants, estimators and other professionals needed to support the next time disaster strikes. We look forward to supporting FEMA to assist state and local governments and other eligible applicants in responding to, and recovering from Presidentially-declared disasters."
Serco has over two decades of experience delivering technical and advisory services in support of mission-critical programs and contingency planning operations for the U.S. Federal government. Under various programs supporting the Department of Defense and Federal civilian agencies, Serco supports deployable medical systems solutions to enable medical personnel to provide world-class healthcare; and was responsible for the redeployment associated with base closure, including project development, planning and scheduling, and retrograde processing.