Edition:
United States

Kratos Defense and Security Solutions Inc (KTOS.OQ)

KTOS.OQ on NASDAQ Stock Exchange Global Select Market

7.40USD
8 Dec 2016
Change (% chg)

-- (+0.00%)
Prev Close
$7.40
Open
$7.44
Day's High
$7.56
Day's Low
$7.39
Volume
243,737
Avg. Vol
193,653
52-wk High
$8.20
52-wk Low
$2.81

Summary

Name Age Since Current Position

William Hoglund

61 2009 Independent Chairman of the Board

Eric DeMarco

51 2004 President, Chief Executive Officer, Director

Deanna Lund

47 2004 Chief Financial Officer, Executive Vice President

Yonah Adelman

64 2015 President, Microwave Electronics Division

Jerry Beaman

63 2014 President - Kratos Unmanned Systems Division

Phillip Carrai

53 2009 President - Technology & Training Solutions

David Carter

57 2009 President - Defense & Rocket Support Services

Benjamin Goodwin

74 2008 President - Public Safety & Security Segment

Thomas Mills

52 2013 President, Modular Systems

Steve Fendley

2016 Senior Vice President - General Manager and Chief Technology Officer of Kratos Unmanned Systems Division CEi Business Unit

Maria De Burgreen

2016 Principal Accounting Officer, Vice President

Rich Gary

2016 Chief Information Officer

Marie Mendoza

2016 Vice President, General Counsel

Amy Zegart

47 2014 Director

Scott Anderson

56 1997 Independent Director

Bandel Carano

53 2001 Independent Director

Scot Jarvis

55 1997 Independent Director

Jane Judd

68 2011 Independent Director

Samuel Liberatore

77 2009 Independent Director

Biographies

Name Description

William Hoglund

Mr. William A. Hoglund is an Independent Chairman of the Board of Kratos Defense & Security Solutions, Inc. He has been a member and owner of SAFE Boats International, a leading manufacturer of vessels for military, law enforcement, and commercial purposes, since 2000. From 1994 to 2000, Mr. Hoglund served as Vice President and Chief Financial Officer of Eagle River, LLC, a private investment company. During his tenure at Eagle River, Mr. Hoglund served as a director of Nextel Communications, Inc. and Nextlink Communications, Inc. From 1977 to 1994, Mr. Hoglund worked for J.P. Morgan & Co. and several of its subsidiaries. Mr. Hoglund held a variety of positions in J.P. Morgan's commercial and investment banking operations. Mr. Hoglund received a bachelor's degree in Management Science and German Literature, cum laude, from Duke University and an MBA from the University of Chicago. Mr. Hoglund's financial experience and expertise in both the public and private marketplace make him well suited for his role as a member of the Audit Committee. He also brings significant experience in the defense contracting industry. He has served on various independent committees of the Board, has taken an active leadership role, and is well qualified to serve as the Chairman of the Board.

Eric DeMarco

Mr. Eric M. DeMarco serves as President, Chief Executive Officer, Director of Kratos Defense & Security Solutions, Inc. Mr. DeMarco was appointed as a director and assumed the role of Chief Executive Officer effective April 1, 2004. Prior to joining the Company, Mr. DeMarco most recently served as President and Chief Operating Officer of The Titan Corporation ("Titan"), then a NYSE-listed corporation, prior to its acquisition by L-3 Communications. Prior to his being named President and Chief Operating Officer, Mr. DeMarco served as Executive Vice President and Chief Financial Officer of Titan. Prior to joining Titan, Mr. DeMarco served in a variety of public accounting positions primarily focusing on large multi-national corporations and publicly traded companies. Mr. DeMarco received a bachelor's degree in Business Administration and Finance, summa cum laude, from the University of New Hampshire. Under Mr. DeMarco, we successfully transitioned from a wireless communications company to a national defense and homeland security product solutions business through both organic growth and strategic acquisitions. Mr. DeMarco's in-depth knowledge of our business and operations, his experience in the defense contracting industry, and his experience with publicly traded companies position him well to serve as our Chief Executive Officer and a member of our Board.

Deanna Lund

Ms. Deanna H. Lund has been appointed as Chief Financial Officer and Executive Vice President of Kratos Defense & Security Solutions, Inc., since April 2004. Prior to joining Ms. Lund most recently served as Vice President and Corporate Controller of The Titan Corporation from July 1998 to 2004, then an NYSE-listed corporation, prior to its acquisition by L-3 Communications, and as its Corporate Controller beginning in December 1996. Ms. Lund was also Titan's Corporate Manager of Operations Analysis from 1993 to 1996. Prior to that time, Ms. Lund worked for Arthur Andersen LLP. Ms. Lund received a bachelor's degree in Accounting from San Diego State University, magna cum laude, and is a Certified Public Accountant.

Yonah Adelman

Mr. Yonah Adelman is President, Microwave Electronics Division of Kratos Defense & Security Solutions, Inc. Mr. Adelman began his professional career as a Research and Development Microwave Engineer at General Microwave Corporation (GMC) in Amityville, New York, subsequently moving to Israel where he took part in the establishment of General Microwave Israel, a subsidiary of GMC. Mr. Adelman served as Chief Microwave Engineer, Assistant General Manager, and since 1990 was General Manager of General Microwave Israel, which Kratos acquired in 2011. Mr. Adelman received a Bachelor of Science degree with summa cum laude honors in Mathematics and Physics from Brooklyn College and a Master of Science degree from New York University in Applied Mathematics, where he subsequently performed doctoral research in magneto-fluid dynamics. Mr. Adelman is a longtime member of the Institute of Electrical and Electronics Engineers (IEEE) and in 2008 received a Certificate of Appreciation from the Microwave Chapter of the Israeli IEEE.

Jerry Beaman

Mr. Jerry Beaman is President - Kratos Unmanned Systems Division of the Company. Prior to joining Kratos, Mr. Beaman was an officer with the U.S. Navy from December 1977 until his retirement in July 2013 as a Vice Admiral. In the Navy, Mr. Beaman served as the Commander of the U.S. Third Fleet and directed activities for 58,000 personnel responsible for homeland defense, support for civil authorities and for providing relevant training and certification for all West Coast naval forces. In his naval career, Mr. Beaman also served as Deputy Chief of Staff Operations Global Force Management, Training and Experimentation, Fleet Forces Command; Deputy Chief of Staff Operations, Joint Forces Command; and Commander, Strike Force Training Pacific. Mr. Beaman holds a master's degree in National Security and Strategic Studies from the Naval War College and a bachelor's degree in Business Administration from Marquette University.

Phillip Carrai

Mr. Phillip D. Carrai is President - Technology & Training Solutions of Kratos Defense & Security Solutions, Inc., since December 2009. Prior to that, Mr. Carrai served as President of the Information Technology Solutions segment of SYS from October 2006 until SYS's merger with Kratos in June 2008. From 2003 to 2006, Mr. Carrai was the Chief Executive Officer of Ai Metrix, Inc., a telecommunications software company sold to SYS in 2006. He served as Managing Director for the Morino Group and Special Advisor to General Atlantic, Inc. from 2000 to 2003 and was Executive Chairman for Ztango and a board member of Internosis. Mr. Carrai was the Chief Executive Officer of McCabe and Associates, a testing and analysis software company, from 1997 to 2000. From 1989 to 1996, Mr. Carrai held a variety of executive management positions at Legent Corporation, an enterprise software company. Mr. Carrai received his bachelor's degree in Information Science and Accounting from Indiana University of Pennsylvania and his MBA from Carnegie Mellon University.

David Carter

Mr. David M. Carter is President - Defense & Rocket Support Services of Kratos Defense & Security Solutions, Inc., since December 2009. he was the Executive Vice President of that division from December 2007 to December 2009. Before its acquisition by Kratos in December 2007, Mr. Carter served as Vice President of Haverstick/DTI Military Services Division since January 2004, where he was responsible for managing the division's technical, financial and business development operations. Mr. Carter has over thirty years of experience both as a member of the U.S. Navy and as a contractor supporting Navy combat weapon systems development, acquisition and life cycle support. Mr. Carter joined Haverstick/DTI in 1989 and for the past twenty-two years has been responsible for building and managing a Department of Defense business sector. Mr. Carter received his associate's degree from Anne Arundel Community College.

Benjamin Goodwin

Mr. Benjamin M. Goodwin has served as President - Public Safety & Security Segment of Kratos Defense & Security Solutions, Inc., since June 2008Prior to that, Mr. Goodwin served as Senior Vice President of Sales and Marketing and President of the Public Safety, Security and Industrial Products Group of SYS from July 2005 until SYS's merger with Kratos in June 2008. Mr. Goodwin has held a variety of executive management positions in his career. From 2004 to 2005, Mr. Goodwin was Chief Operating Officer and Vice President of Sales for Aonix, a developer of software product solutions for the aerospace, telecommunications, and transportation industries. Mr. Goodwin had previously served as Chief Executive Officer of Aonix from 1996 to 2000. From 2000 to 2002, Mr. Goodwin was Executive Vice President of Sales & Marketing for FinanCenter, a developer of financial decision tools, and Chairman of the Board for Template Graphics Solutions, a provider of 3D graphics tools. From 1976 to 1996, Mr. Goodwin was the President and Chief Operating Officer of Thomson Software Products and President and Chief Executive Officer of SofTech Microsystems. In these capacities, Mr. Goodwin was responsible for the successful completion of an IPO, private placements and a merger in addition to significant revenue growth within the companies. Mr. Goodwin has a bachelor's degree in Psychology from Millsaps College.

Thomas Mills

Mr. Thomas Mills. IV is President of Kratos' Modular Systems Division, which includes Gichner Systems Group, based near York, PA, and Charleston Marine Containers ("CMCI"), based in Charleston, SC, since August 2013. With five manufacturing plants, 45 years of experience and approximately 450 employees, Gichner and CMCI are two of the leading suppliers of integrated mobile shelters and container systems to the U.S. military. Prior to joining Gichner in 2004, Mr. Mills held several senior management positions at various publicly traded and privately held companies. Mr. Mills started his career at KPMG and has a bachelor's degree in Accounting from West Chester University.

Steve Fendley

Mr. Steve Fendley is Senior Vice President - General Manager and Chief Technology Officer of Kratos Unmanned Systems Division CEi Business Unit at the company. He has held the Vice President of Engineering role for CEi, since early 2014.  During his time with CEi, Mr. Fendley has worked closely with the CEi/Kratos team in expanding the business's unmanned systems capability beyond target systems and into tactical systems, as well as significantly enhancing the overall technical team capability, and the system performance of CEi's unmanned aircraft portfolio.  Mr. Fendley has also been instrumental in Kratos' Unmanned Tactical Aerial Platform (UTAP – 22) program, and in the current pursuit of certain new unmanned tactical aerial system opportunities of KUSD.

Maria De Burgreen

Ms. Maria Cervantes De Burgreen is Principal Accounting Officer, Vice President of the Company. She has been serving as the Company's Director of Internal Audit for the past four years. During her tenure with Kratos, Ms. Cervantes has gained in-depth knowledge of the Company's businesses and operations, including its financial operations and processes and internal controls, working closely with each of Kratos' business units and financial personnel. Prior to joining Kratos, Ms. Cervantes worked at Science Applications International Corporation (SAIC) in various capacities from 2002 through 2012, including as Senior Director of SOX and DCAA Compliance and Corporate General Accounting Manager. Ms. Cervantes is a certified public accountant, and worked at PriceWaterhouseCoopers from 2000 to 2002. Ms. Cervantes received a Bachelor of Arts degree in Accountancy from the University of San Diego.

Rich Gary

Mr. Rich Gary is Chief Information Officer of the Company. Mr. Gary has been in the Information Technology field for over 25 years. He has an extensive career in Information Technology in support of multiple defense contractors such as, General Dynamics, Computer Sciences Corporation, and BAE Systems. This experience and understanding of information systems technology, IT security, IT service delivery, business process and government contracting has helped to build the Kratos information technology organization into a leader amongst its peers. Mr. Gary has a technical certification degree in Telecommunications and Networking engineering and is in the process of completing course work towards a Master's degree in Information Systems Management at the University of Phoenix. He is a graduate of the Executive Perspective for Scientists and Engineers at the University of California San Diego Extension programs, and has completed management and leadership programs at the University of New Hampshire, and San Diego State University.

Marie Mendoza

Ms.Marie Mendoza is Vice President and General Counsel of the Company. Ms. Mendoza has recently been serving in the capacity of Acting General Counsel, and previously was Kratos' Senior Corporate Attorney for 4 years. During her tenure with Kratos, Ms. Mendoza has worked closely with Kratos' legal team, contract and compliance executives, and each of Kratos' business units on a wide range of matters. Prior to joining Kratos, Ms. Mendoza was a Partner first with the law firm of Burke, Williams & Sorensen, LLP and then GCR, LLP in San Diego, where she represented public agencies and commercial companies on a variety of matters including contract negotiation and disputes, labor and employment, construction, board governance, commercial leases, trademark infringement and various other matters. Ms. Mendoza received a Bachelor of Science degree with cum laude honors in Political Science from the University of California, Los Angeles and her law degree from the University of California, Los Angeles School of Law.

Amy Zegart

Amy Zegart has been appointed as Director of Kratos Defense & Security Solutions, Inc. Ms. Zegart is a Davies Family Senior Fellow at the Hoover Institution, a professor of political science (by courtesy) at Stanford University, and co-director of Stanford's Center for International Security and Cooperation. Until 2011, she served as professor of public policy at UCLA's Luskin School of Public Affairs. An award-winning author, Ms. Zegart's research examines the organizational challenges of American national security agencies. She served on the Clinton administration's National Security Council staff and as a foreign policy adviser to the Bush-Cheney 2000 presidential campaign. She has testified before the Senate Intelligence Committee. She is a lifetime member of the Council on Foreign Relations. A former Fulbright scholar, Ms. Zegart received an A.B. in East Asian studies magna cum laude from Harvard University and an M.A. and Ph.D. in political science from Stanford University. Ms. Zegart brings significant knowledge on national and international security issues to the Board.

Scott Anderson

Mr. Scott I. Anderson serves as Independent Director of Kratos Defense & Security Solutions, Inc. since March 1997. Mr. Anderson has been President and CEO of NE Wireless Networks, LLC, a wireless telecommunications provider in Maine, since September 2013. Mr. Anderson has been a principal of Cedar Grove Partners, LLC, an investment and advisory concern, since 1997, and a principal of Cedar Grove Investments, LLC, a private seed capital firm, since 1998. Mr. Anderson was with McCaw Cellular/AT&T Wireless, most recently as Senior Vice President of the Acquisitions and Development group, from 1986 until 1997. Before joining McCaw Cellular in 1986, Mr. Anderson was engaged in private law practice. More recently, Mr. Anderson served on the board of directors and was Audit Committee Chairman of SunCom Wireless Holdings, Inc. until its acquisition by T-Mobile USA, Inc. in February 2008. In addition, Mr. Anderson served on other public company boards prior to 2002. Mr. Anderson was also a director of TC Global, Inc., a public registrant, from July 2010 to November 2013. He currently serves on the board of directors of several private companies, including NE Wireless Networks, LLC, mInfo, Inc., Digital Scirocco, Inc., Globys, Inc., Root Wireless, Inc., and Anvil Corp. Mr. Anderson received a bachelor's degree in History from the University of Washington, magna cum laude, and a law degree from the University of Washington Law School, with highest honors.

Bandel Carano

Mr. Bandel L. Carano is Independent Director of Kratos Defense & Security Solutions, Inc. He served as a director from August 1998 to June 2001 and re-joined our Board in October 2001. Mr. Carano joined Oak Investment Partners, a multi-stage venture capital firm, in 1985 and became a General Partner in 1987. Mr. Carano's investment focus is on Information Technology. In addition to Kratos, Mr. Carano is currently on the Boards of Airspan Networks, NeoPhotonics, and numerous private companies. He also currently serves on the Investment Advisory Board of the Stanford Engineering Venture Fund. Prior to Oak Investment Partners, Mr. Carano joined Morgan Stanley's Venture Capital Group in 1983. He was responsible for advising Morgan Stanley on high-tech new business development, as well as sponsoring venture investments. Mr. Carano received bachelor's and master's degrees in Electrical Engineering from Stanford University. Mr. Carano's technical engineering background and experience with several companies in the defense electronics industry is particularly relevant to his understanding of our current service and product offerings and overall long-term strategy of future offerings. He also has significant expertise in evaluating various merger and acquisition targets for synergistic technical platforms.

Scot Jarvis

Mr. Scot B. Jarvis is Independent Director of Kratos Defense & Security Solutions, Inc., since February 1997. Mr. Jarvis co-founded Cedar Grove Partners, LLC in 1997, an investment and consulting/advisory partnership with a focus on wireless communications investments. Prior to co-founding Cedar Grove, Mr. Jarvis served as a senior executive of Eagle River, Inc., an investment firm owned by Craig McCaw. While at Eagle River he founded Nextlink Communications on behalf of McCaw and served on its board of directors. He has also served on the board of directors of Nextel Communications, NextG Networks, Inc., Wavelink Communications, Inc., NextWeb, Inc., Leap Wireless, and Cantata Technologies, Inc. From 1985 to 1994, Mr. Jarvis served in several executive capacities at McCaw Cellular Communications until it was sold to AT&T. Mr. Jarvis currently serves on the board of directors of Vitesse Semiconductor, Airspan Networks, and several private companies. Mr. Jarvis is a venture partner with Oak Investment Partners, a venture capital firm. Mr. Jarvis holds a bachelor's degree in Business Administration from the University of Washington. Mr. Jarvis has extensive experience with mergers and acquisitions transactions, which has been of particular significance to the Board during the Company's pursuit of growth strategies through mergers and acquisitions.

Jane Judd

Ms. Jane Elizabeth Judd serves as Independent Director of Kratos Defense & Security Solutions, Inc. effective January 2011. Prior to her retirement in 2006, Ms. Judd served as Senior Vice President, Chief Financial Officer, and a member of the board of directors of Telisimo International, a communications company, from May 1996 to November 2006. Prior to that, Ms. Judd was Vice President and Corporate Controller of The Titan Corporation from April 1986 to May 1996. Titan was a publicly traded major national defense services and solutions provider before its acquisition by L-3 Communications in 2005. Ms. Judd is a Certified Public Accountant, and she received a bachelor's degree from the University of Utah in 1976. Ms. Judd brings financial experience and expertise to the Board with her background in public accounting and financial leadership roles, which includes experience in the defense services industry. With these skills, Ms. Judd is well qualified to serve as the designated financial expert for our Board.

Samuel Liberatore

Mr. Samuel N. Liberatore is an Independent Director of Kratos Defense & Security Solutions, Inc since January 19, 2009. Mr. Liberatore was the Chief Operating Officer for Madison Research Corporation, building it from approximately $3 million in annual revenues to $64 million, until its acquisition by Kratos in 2006, and was President of Kratos' Weapon Systems Solutions (Madison Research) division until he retired in December 2008. Beginning in July 1994 and until June 2001, Mr. Liberatore served as Program Manager and lead engineer in support of the PAC-3 missile program for Madison Research Corporation. From 1989 to 1994, he served as Director of Ballistic Missile Defense of BDM International. Mr. Liberatore served for 30 years in the U.S. Army, where he held a variety of positions related to weapon system operations, research, development and acquisition before retiring as a Colonel in 1989. He holds a bachelor's degree in Mathematics from Loyola College, Baltimore and a master's degree in Guided Missile Engineering from the University of Texas, El Paso. In addition to normal operational and command assignments, Mr. Liberatore was the Project Manager for the HAWK missile system and Chief of Missiles and Air Defense Systems at Headquarters Department of the Army for the research, development and acquisition of all U.S. Army missile and air defense systems. Mr. Liberatore brings to the Board prior experience as a military officer, extensive experience and expertise working in the missile defense industry, and recent experience working in the defense contracting industry. .