Kratos CEO Receives Corporate Turnaround Executive Award

SAN DIEGO, June 29, 2009 (GLOBE NEWSWIRE) -- Kratos Defense & Security
Solutions, Inc. (Nasdaq:KTOS), a leading national security, information
technology and public safety solutions provider, today announced that its CEO,
Eric DeMarco, has received the Corporate Turnaround Executive Award from The
Global M&A Network. The award recognizes accomplishment in successfully
transforming a significantly troubled company, or a business in a materially
deteriorating industry, market or environment, into a growing and profitable
business than can deliver on long term growth value to its shareholders.

The strategic and immediately financially accretive acquisitions of SYS
Technologies and Digital Fusion over the past twelve months have completed a
transformation for Kratos from a $250 million revenue and unprofitable
commercial wireless infrastructure provider in a rapidly commoditizing,
declining and deteriorating market, to a leading, profitable, mid-tier National
Security, Information Assurance and Technology, Public Safety and Security
Solutions provider.

For the fiscal first quarter ended March 29, 2009, Kratos generated revenues of
approximately $84 million, an increase of 23 percent over the prior year, cash
flow generated from operations of $7 million, a fifth sequential quarter of
improved EBITDA profitability, and a year over year EBITDA profitability
increase of 73 percent. At March 29, 2009, Kratos had approximately 2,200
employees, the majority of which hold national security clearances, contract
backlog of approximately $700 million, a qualified bid and proposal pipeline of
approximately $1.5 billion, and expected 2009 revenues of approximately $370
million.

Eric DeMarco, President and Chief Executive Officer of Kratos, said "We are
pleased that The Global M&A Network has recognized our team's accomplishments.
Kratos, through the resolve and vision of its Board of Directors and Leadership
Team, has effectively executed on its strategic plan over the past few years,
and I am proud that our team's hard work has resulted in a company which is
quickly becoming a leading, mid-tier provider of National Security, Homeland
Security, and Public Safety and Security solutions and services to the U.S.
government and other agencies and organizations. We believe Kratos is closely
aligned with current and anticipated defense and national security priorities,
and we look forward to continued success as an organization and for all of our
stakeholders."

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS) provides mission
critical engineering, IT services and war fighter solutions for the U.S. federal
government and for state and local agencies. Principal services include C4ISR,
weapon systems sustainment, military weapon range operations and technical
services, network engineering services, information assurance and cybersecurity
solutions, security and surveillance systems, and critical infrastructure design
and integration. The Company is headquartered in San Diego, California, with
resources located throughout the U.S. and at key strategic military locations.
News and information are available at www.KratosDefense.com.

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Notice Regarding Forward-Looking Statements

This news release contains certain forward-looking statements including, without
limitation, expressed or implied statements concerning the Company's
expectations regarding anticipated revenues and market developments. Such
statements are only predictions, and the Company's actual results may differ
materially. Factors that may cause the Company's results to differ include, but
are not limited to: risks that changes or cutbacks in spending by the U.S.
Department of Defense may occur, which could cause delays or cancellations of
key government contracts; failure to successfully consummate acquisitions or
integrate acquired operations and competition in the marketplace which could
reduce revenues and profit margins; risks of adverse regulatory action or
litigation; failure to ultimately settle ongoing litigation; and risks
associated with debt leverage. The Company undertakes no obligation to update
any forward-looking statements. These and other risk factors are more fully
discussed in the Company's Annual Report on Form 10-K for the period ended
December 29, 2008, the Company's Quarterly Report on Form 10-Q for the period
ended March 30, 2009, and in other filings made with the Securities and Exchange
Commission.

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CONTACT: Kratos Defense & Security Solutions, Inc.
Press Contact:
Rob Babbush
858-812-7309
Investor Information:
877-934-4687
investor@kratosdefense.com