KGS

Kratos Reports First Quarter 2024 Financial Results

Retrieved on: 
화요일, 5월 7, 2024
National security, SDA, Investment, STS, TT&C, HIMAD, Earnings per share, Software, Radar, Research and development, Robotics, Iron Dome, Public expenditure, IBCS, KGS, Technology company, KUS, EPS, Acquisition, Consolidated, SRM, Adjustment, Revenue, GAAP, SAN, Arrow, Satellite, Defense, Video game

First Quarter 2024 Revenues of $277.2 Million Increased 19.6 Percent over First Quarter 2023 Revenues of $231.8 Million, including 19.5 Percent Organic Growth

Key Points: 
  • First Quarter 2024 Revenues of $277.2 Million Increased 19.6 Percent over First Quarter 2023 Revenues of $231.8 Million, including 19.5 Percent Organic Growth
    First Quarter 2024 Unmanned Systems Revenues of $59.4 Million Increased 23.8 Percent over First Quarter 2023 Revenues of $48.0 Million, including 21.8 Percent Organic Growth
    First Quarter 2024 and Last Twelve Months Ended March 31, 2024 Consolidated Book to Bill Ratio of 1.1 to 1
    SAN DIEGO, May 07, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a Technology Company in the Defense, National Security and Global Markets, today reported its first quarter 2024 financial results, including Revenues of $277.2 million, Operating Income of $7.0 million, Net Income of $1.3 million, Adjusted EBITDA of $26.0 million and a consolidated book to bill ratio of 1.1 to 1.0.
  • Kratos reported first quarter 2024 GAAP Net Income attributable to Kratos of $1.3 million and Earnings Per Share of $0.01 compared to a GAAP Net Loss attributable to Kratos of $7.0 million and a GAAP Net Loss per share of $0.05 for the first quarter of 2023.
  • Adjusted EPS was $0.11 for the first quarter of 2024, compared to $0.06 for the first quarter of 2023.
  • First quarter 2024 Revenues of $277.2 million increased $45.4 million, or 19.6 percent, from first quarter 2023 Revenues of $231.8 million.

Taylor-Wharton Awarded Korean Gas Safety Certification (KGS) for Liquid Hydrogen Storage Tanks

Retrieved on: 
월요일, 3월 4, 2024
Hydrogen, NER, Gas, Growth, KGS, LNG, Certification, LH2

KUALA LUMPUR, Malaysia, March 4, 2024 /PRNewswire-PRWeb/ -- Taylor-Wharton, a leading provider of liquid hydrogen (LH2) storage and distribution equipment, was recently awarded the Korean Gas Safety Certification (KGS) for its Liquid Hydrogen Storage Tanks and has shipped a multitude of 4000Kg vessels that exceed the required thermal performance of 1% net evaporation rate (NER). Taylor-Wharton, in 1995, was the first cryogenic vessel manufacturer outside of Korea to be awarded KGS approval and has continuously held this certification since shipping cryogenic tanks and transporting them in a variety of gases.

Key Points: 
  • Taylor-Wharton, a leading provider of liquid hydrogen storage equipment, has been granted the Korean Gas Safety Certification (KGS) for its Liquid Hydrogen Storage Tanks.
  • Taylor-Wharton recently delivered eight tanks to South Korea, with a combined capacity of 32,000 Kg of liquid hydrogen for clean fueling purposes, marking the beginning of a broader initiative to develop a clean hydrogen infrastructure in the region.
  • KUALA LUMPUR, Malaysia, March 4, 2024 /PRNewswire-PRWeb/ -- Taylor-Wharton, a leading provider of liquid hydrogen (LH2) storage and distribution equipment, was recently awarded the Korean Gas Safety Certification (KGS) for its Liquid Hydrogen Storage Tanks and has shipped a multitude of 4000Kg vessels that exceed the required thermal performance of 1% net evaporation rate (NER).
  • We recently delivered eight tanks that will hold a combined 32,000 Kg of liquid hydrogen that will be used for clean fueling purposes."

Koniag Government Services Announces Move to New Headquarters in Chantilly, VA

Retrieved on: 
화요일, 2월 20, 2024
Heart, Growth, Workforce, KGS, Suite, Creativity

CHANTILLY, Va., Feb. 20, 2024 /PRNewswire/ -- Koniag Government Services (KGS), a leading technology and professional services provider to federal government agencies, is pleased to announce its relocation to a new headquarters in Chantilly, Virginia.

Key Points: 
  • CHANTILLY, Va., Feb. 20, 2024 /PRNewswire/ -- Koniag Government Services (KGS), a leading technology and professional services provider to federal government agencies, is pleased to announce its relocation to a new headquarters in Chantilly, Virginia.
  • The decision to move the headquarters location was driven by the company's rapid expansion and growth trajectory.
  • The decision to move the headquarters location was driven by several factors, including the company's rapid expansion and growth trajectory.
  • The new headquarters provides ample space to accommodate our growing workforce and support future expansion plans.

Kratos Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
화요일, 2월 13, 2024
Weapon, Radar, Investment, Growth, Sale, RDT, KUS, Probability, Software, Unitary state, Research and development, Defense, KGS, S&T, Communications satellite, GAAP, STS, Pedigree, EPS, TT&C, Total, Forecasting, National security, Valkyrie, Adjustment, Capital expenditure, Public expenditure, Capital, CRA, Acquisition, Hypersonic speed, Technology company, Revenue, Consolidated, Video game

Adjusted earnings per share (EPS) was $0.12 for the fourth quarter of 2023, compared to $0.08 for the fourth quarter of 2022.

Key Points: 
  • Adjusted earnings per share (EPS) was $0.12 for the fourth quarter of 2023, compared to $0.08 for the fourth quarter of 2022.
  • Fourth quarter 2023 Revenues of $273.8 million increased $24.5 million, reflecting 9.8 percent and 7.3 percent organic growth, respectively, from fourth quarter 2022 Revenues of $249.3 million.
  • KUS’s Operating Income was $1.0 million in the fourth quarter of 2023 compared to $1.8 million in the fourth quarter of 2022.
  • KUS’s Adjusted EBITDA for the fourth quarter of 2023 was $4.0 million, compared to fourth quarter 2022 KUS Adjusted EBITDA of $4.5 million, reflecting reduced volume.

Koniag Government Services (KGS) proudly announces the appointment of Germaine Salmine to the role of Shareholder Development Manager

Retrieved on: 
월요일, 2월 12, 2024
Alutiiq, Alaska Natives, Growth, American Indians, Workforce, KGS, Executive, Management

Recognizing the potential within Alaska Native communities, KGS is keen on aligning its staffing needs with the qualifications and ingenuity of the rising Indigenous talent.

Key Points: 
  • Recognizing the potential within Alaska Native communities, KGS is keen on aligning its staffing needs with the qualifications and ingenuity of the rising Indigenous talent.
  • KGS CEO Kevin Wideman expressed, "This step highlights our dedication to harnessing the caliber of brilliance emerging from our Indigenous youth and job-seeking community.
  • We aim for a relationship where the growth and prosperity of our workforce intertwine seamlessly with the advancement of our Native communities."
  • Prior to joining KGS, Ms. Salmine served as the Executive Director of the Koniag Education Foundation, championing educational pursuits for Koniag Shareholders and their descendants.

Chart Industries is First to Market with Approved Liquid Hydrogen Trailers in Korea

Retrieved on: 
화요일, 11월 14, 2023
KGS, Safety, NYSE, LH2, Certification

ATLANTA, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global engineering design firm and manufacturer of highly engineered equipment servicing multiple applications in clean energy and industrial gas markets, received Korean Gas Safety (KGS) certification and approval of our liquid hydrogen (LH2) bulk transport trailers built in Theodore, Alabama for the Korean market, making us the first and only supplier with a LH2 trailer design currently approved to serve the growing Korean market. Chart worked closely with KGS to ensure that their stringent safety requirements would be met or exceeded with our offering.

Key Points: 
  • ATLANTA, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global engineering design firm and manufacturer of highly engineered equipment servicing multiple applications in clean energy and industrial gas markets, received Korean Gas Safety (KGS) certification and approval of our liquid hydrogen (LH2) bulk transport trailers built in Theodore, Alabama for the Korean market, making us the first and only supplier with a LH2 trailer design currently approved to serve the growing Korean market.
  • Chart worked closely with KGS to ensure that their stringent safety requirements would be met or exceeded with our offering.
  • This trailer, specifically tailored to meet Korean regulations, offers over 3,100 kg of payload, and is the latest addition to Chart’s industry-leading portfolio of gaseous and liquid hydrogen trailers, meeting the same high-performance and operational standards that come with the Chart brand, and continues our lead with the highest payload and hold time trailers on the global market.
  • “We’re proud to be the first liquid hydrogen trailer supplier who is fit to serve the Korean market’s safety requirements, and we are looking forward to helping deliver the liquid hydrogen vital to meet increasing demand for clean energy in Korea,” stated CEO and President, Jill Evanko.

KONIAG GOVERNMENT SERVICES UNVEILS INNOVATIVE STRATEGIC PARTNER PROGRAM WITH ADDITION OF DECISIONPOINT CORP AND LEISNOI GOVERNMENT SERVICES

Retrieved on: 
목요일, 12월 14, 2023
KGS, Corporation, Organization, Investment, Ethics, Ecosystem, FIN Atlantic Film Festival, Partner, Small business, Diversity, Government, Sales

KGS is delighted to welcome DecisionPoint Corp, a Service-Disabled Veteran Owned Small Business and Leisnoi Government Services, an Alaskan Native Village Corp in the Kodiak Region as inaugural partners in this groundbreaking initiative.

Key Points: 
  • KGS is delighted to welcome DecisionPoint Corp, a Service-Disabled Veteran Owned Small Business and Leisnoi Government Services, an Alaskan Native Village Corp in the Kodiak Region as inaugural partners in this groundbreaking initiative.
  • Through this program, KGS aims to eliminate barriers for partner small businesses, enabling them to tap into new customers and opportunities.
  • The KGS Strategic Partner Program extends its benefits to customers as well:
    Larger Ecosystem: Customers benefit from a broader network of small, industry-leading businesses.
  • For more information about Koniag Government Services and the Strategic Partner Program, please visit www.koniag-gs.com

Kratos Reports Third Quarter 2023 Financial Results

Retrieved on: 
목요일, 11월 2, 2023
Consolidated, Adjustment, KUS, Operation, Hope, Public expenditure, EBITDA, L3 Commercial Training Solutions, R, Software, Kratos Defense & Security Solutions, Growth, TT&C, EPS, Research and development, Capital expenditure, Communications satellite, TT, National security, Revenue, Forecasting, Total, Investment, Defense, Valkyrie, KGS, SAN, Technology company, Video game, Arms industry, Clothing, Kratos

SAN DIEGO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in the Defense, National Security and Global Markets, today reported its third quarter 2023 financial results, including Revenues of $274.6 million, Operating Income of $12.2 million, Net Loss of $1.6 million, Adjusted EBITDA of $27.7 million and a consolidated book to bill ratio of 1.0 to 1.0.

Key Points: 
  • Adjusted earnings per share (EPS) was $0.12 for the third quarter of 2023, compared to $0.08 for the third quarter of 2022.
  • Third quarter 2023 Revenues of $274.6 million increased $46.0 million, reflecting 20.1 percent organic growth, from third quarter 2022 Revenues of $228.6 million.
  • Third quarter 2023 Cash Flow Used from Operations was $0.1 million, reflecting the working capital requirements associated with the 6.9 percent sequential revenue growth of $17.7 million from the second quarter of 2023.
  • Consolidated Days Sales Outstanding continued to improve from 120 in the second quarter of 2023 to 117 days in the third quarter of 2023.

Koniag Government Services (KGS) Appoints Danielle Carr as Vice President of Government Relations

Retrieved on: 
목요일, 10월 12, 2023
Government, MBA, KGS, NCMA, Lobbying, Education, National Contract Management Association, College Park, University, Small business, History of the University of Maryland, College Park, DOD, International, HHS, NASA, Management, Science

CHANTILLY, Va., Oct. 12, 2023 /PRNewswire/ -- Koniag Government Services (KGS) announces a pivotal addition to their leadership team.

Key Points: 
  • CHANTILLY, Va., Oct. 12, 2023 /PRNewswire/ -- Koniag Government Services (KGS) announces a pivotal addition to their leadership team.
  • Danielle Carr, a seasoned professional with two decades of experience in Government Contracting, has assumed the role of Vice President of Government Relations, amplifying the momentum of the KGS Growth Organization.
  • Ms. Carr's career has spanned diverse government agencies, including NASA, DOD, HHS, international agencies and more.
  • In her new position, Ms. Carr will play a crucial role building strong relationships to support KGS' growth goals.

Kratos Reports Second Quarter 2023 Financial Results

Retrieved on: 
목요일, 8월 3, 2023
Dark, Marine Turbine Technologies, Operation, Satellite, Kratos Defense & Security Solutions, Defense, Engineering, System, Q2, TT, C2, KGS, The Chronicles of Riddick: Dark Fury, Intelligence, KUS, Sale, Research and development, Public expenditure, Robotics, Acquisition, Revenue, Erinyes, Investment, SAN, SRE, TT&C, EPS, Consolidated, Technology company, R, Valkyrie, Second, Total, Video game, Clothing, Bank, Kratos

SAN DIEGO, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in the Defense, National Security and Global Markets, today reported its second quarter 2023 financial results. For the second quarter of 2023, Kratos reported Revenues of $256.9 million, Operating Income of $6.7 million, Net Loss of $2.7 million, Adjusted EBITDA of $21.6 million and a consolidated book to bill ratio of 1.1 to 1.0.

Key Points: 
  • Second Quarter 2023 Revenues of $256.9 Million Increased 14.6 Percent Over Second Quarter 2022 Revenues of $224.2 Million, Including 17.1 Percent Organic Growth in Kratos Government Solutions Segment
    Second Quarter 2023 and Last Twelve Months Ended June 25, 2023 Consolidated Book to Bill Ratio of 1.1 to 1
    SAN DIEGO, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in the Defense, National Security and Global Markets, today reported its second quarter 2023 financial results.
  • Adjusted earnings per share (EPS) was $0.09 for the second quarter of 2023, compared to $0.07 for the second quarter of 2022.
  • Second quarter 2023 Revenues of $256.9 million increased $32.7 million, or 14.6 percent, from second quarter 2022 Revenues of $224.2 million.
  • For the second quarter of 2023, Kratos’ Government Solutions Segment (KGS) Revenues of $204.8 million increased 22.1 percent from Revenues of $167.8 million in the second quarter of 2022.