Satnews Daily
November 13th, 2013

Kratos Defense & Security Solutions—Moving On Up, Malone To Special Assistant (Business)

[SatNews] Kratos Defense & Security Solutions, Inc.(Nasdaq:KTOS) has announced that Vice Admiral Mike Malone (U.S. Navy—retired) has joined the Company as a consultant to the newly established Unmanned Combat Aerial Systems (UCAS) Division.

In this capacity, VADM Malone will serve as a Special Assistant to the President, UCAS Division, Vice Admiral Jerry Beaman, (U.S. Navy—retired).

"Vice Admiral Malone joining the Kratos UCAS Team is another important step in the continued execution of our strategy in building an affordable, survivable and recoverable unmanned combat aerial system for the military," said Jerry Beaman, President, Unmanned Combat Aerial Systems Division. Mike Malone will serve as a special assistant, with the primary responsibility of consulting and coordinating Kratos' UCAS activities with certain opportunities and customers, including the U.S. Navy & U.S. Marine Corps, while working closely with VADM Jerry Beaman on aircraft performance and mission requirements. VADM Beaman concluded, "We believe that Vice Admiral Malone's decision to join the Kratos UCAS team is continued confirmation of our UCAS strategy and will be invaluable in ensuring we understand and meet the needs and requirements of certain of our primary customers as we move forward."

Vice Admiral Malone is an accomplished, proven leader with extensive experience in large-scale operations within the military as well as in the corporate world. His achievements in both military and corporate venues along with their respective broad scope of responsibilities make him a strong addition to the Kratos UCAS senior management team.

Before joining Kratos, Vice Admiral Malone was the President of Skarven Enterprises, where he directed all company operations including P&L responsibility, strategic planning, budget development and personnel oversight. Additionally, he serves on the Board of Directors for a global leader in access control and wireless security systems as well as a high technology simulation and manufacturing company.