USAF, Kratos Complete Milestone 1 of the Autonomous Attritable Aircraft Experimentation (AAAx) Campaign with Successful Flight Test Series

Skyborg

Skyborg ACS First Flight – Kratos UTAP-22 Mako Launch at Tyndall AFB, Florida

Skyborg ACS First Flight – Kratos UTAP-22 Mako Launch at Tyndall AFB, Florida

Kratos UTAP-22

Kratos UTAP-22 Mako Launch for Skyborg ACS Test Flight at Tyndall AFB

Kratos UTAP-22 Mako Launch for Skyborg ACS Test Flight at Tyndall AFB

SAN DIEGO, May 05, 2021 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider and industry-leading provider of high-performance unmanned systems, announced today that the Skyborg leadership team successfully completed its objectives following a multi-flight series of flight tests with the Skyborg autonomy core system (ACS) aboard Kratos UTAP-22 Mako tactical unmanned vehicles at Tyndall AFB, Florida.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5d832b56-eebf-4264-8387-a3bf3c410f37

The Air Force Reported today:

https://www.globenewswire.com/NewsRoom/AttachmentNg/39b4f742-4343-4774-971d-8f44aeebd19c

Kratos Unmanned Systems Division is a leading provider of high performance unmanned aerial drone and target systems for threat representative target missions to exercise weapon, radar, and other systems; and tactical aerial drone systems for strike/ISR and force multiplication missions. In December 2020, Kratos received a $37.7 million contract from the AFLCMC/WA Advanced Aircraft Program Executive Office for Skyborg Delivery Order (DO) 2 to integrate, test, and deliver the XQ-58A Valkyrie system for the Skyborg Vanguard Program.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology, and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. For more information, please visit 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 27, 2020, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.

Press Contact:

Yolanda White

858-812-7302 Direct

Investor Information:

877-934-4687

investor@kratosdefense.com

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