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. The Company is a leading technology, intellectual property and proprietary product and solution based business, addressing the United States and its allies' National Security priorities. Kratos' primary focus areas are unmanned systems, satellite communications, microwave electronics, cyber security/warfare, missile defense and combat systems. Kratos has primarily an engineering and technically oriented work force of approximately 2,700 with a substantial number of the Company’s employees holding National Security Clearances. Virtually 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.
Kratos is guided by seasoned leadership with many years of collective experience working with the federal government, large government contractors and key agencies, such as the U.S. Department of Defense, Department of Homeland Security, and various branches of the military. Members of our management team have extensive experience growing businesses organically, as well as through acquisitions.
Kratos maintains a number of key contract vehicles and task orders for the federal government. Kratos is widely recognized as a highly visible player among the leading government contractors for the quality of our work, our skilled professionals and technicians, as well as our partnerships and long-term customer relationships.
Kratos recognizes the important contributions small businesses make in bringing forward innovation while creating job growth and sustaining our country’s economy. We believe that small businesses, including small disadvantaged, women-owned, veteran-owned, service disabled veteran-owned, HUBZone firms, as well as historically black colleges and universities/minority institutions bring forward agility and expertise to assist Kratos in supporting our customers and their missions.
Our collective experience and innovative ideas are vital to jointly building business while solving our customers’ requirements. Teaming with small businesses is fundamental to Kratos’ business objectives:
This focus reinforces Kratos’ commitment to our customers, employees, shareholders, and communities, while helping small enterprises grow their business.
Kratos combines technical know-how and deep domain knowledge to deliver solutions that support our customers’ missions. We seek small businesses that can provide complementary skills and niche-type offerings and possess:
Almost all teaming and subcontracting activities are accomplished through active marketing well in advance of an opportunity being released for competition. Kratos typically will seek small business teammates well in advance of the release of an RFP. Small businesses interested in engaging Kratos need to articulate the following:
Kratos seeks to engage small businesses not only as a subcontractor, but will also work with select qualified small businesses in pursuing strategic small business set-asides where Kratos can bring strength to the team. Primarily, we seek companies that are committed to building long-term relationships.
Kratos is committed to maintaining its reputation as a company with the highest standards of business conduct. The Company requires its employees, agents, contractors and suppliers to behave in an ethical manner and to comply with applicable federal, state and local laws and regulations. In support of this goal, Kratos has appointed a Chief Compliance Officer to oversee the Company’s Ethics and Compliance program, which includes:
The Board of Directors of Kratos sets high standards for the Company's employees, officers and directors. Implicit in this philosophy is the importance of sound corporate governance. It is the duty of the Board of Directors to serve as a prudent fiduciary for stockholders and to oversee the management of the Company's business. To fulfill its responsibilities and to discharge its duty, the Board of Directors follows the procedures and standards that are set forth in these guidelines. These guidelines are subject to modification from time to time as the Board of Directors deems appropriate in the best interests of the Company or as required by applicable laws and regulations.