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Kratos Defense & Security Solutions' CEO Discusses Q2 2012 Earnings Results - Earnings Call Transcript

Kratos Defense & Security Solutions, Inc. (KTOS)

Q2 2012 Earnings Call

August 2, 2012 5:00 pm ET

Executives

Laura L. Siegal – Vice President & Corporate Controller

Eric M. DeMarco – President, Chief Executive Officer & Director

Deanna H. Lund – Chief Financial Officer & Executive Vice President

Analyst

Mike Crawford – B. Riley & Company, Inc.

Michael Ciarmoli – Keybanc Capital Markets

Analyst for Mark Jordan – Noble Financial Capital Markets

Bhakti Pavani – C.K. Cooper & Company

David Sagalov – Jefferies & Company

Josephine Millward – Benchmark Company

Analyst for Yair Reiner – Oppenheimer & Co.

[Aneal Wasched – Inaudible]

Presentation

Operator

Welcome to the Kratos Defense & Security Solutions second quarter 2012 earnings conference call. At this time all participants are in a listen only mode. Later we will conduct a question and answer session and instructions will follow at that time. (Operator Instructions) As a reminder, this conference call is being recorded. I would now like to introduce your host for today’s conference Ms. Laura Siegal, Vice President & Corporate Controller.

LL

Thank you for joining us for the Kratos Defense & Security Solutions second quarter earnings conference call. With me today is Eric DeMarco, Kratos’ President and Chief Executive Officer and Deanna Lund, Kratos’ Executive Vice President and Chief Financial Officer. Before we begin the substance of today’s call I’d like to make some brief introductory comments.

Earlier this afternoon we issued a press release which outlined the topics we planned to discuss today. If anyone has not yet seen a copy of this press release it is available on the Kratos’ corporate website at www.KratosDefense.com. Additionally, I’d like to remind our listeners that this conference call is open to the media and we are providing a simultaneous webcast of this call for the public. A replay of our discussion will be available on the company’s website later today.

During this call we will discuss some factors and matters that are likely to influence our business going forward. Any matters discussed today that are not historical fact, particularly comments regarding our future plans, objectives, and expected future performance constitute forward-looking statements. These forward-looking statements may include comments about our plans and expectations of future performance. These plans and expectations are subject to risks and uncertainties which could cause actual results to differ materially from those adjusted by our forward-looking statements.

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