Kratos Defense & Security Solutions, Inc. (KTOS) CEO Eric DeMarco on Q1 2021 Results - Earnings Call Transcript

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Q1 2021 Earnings Conference Call May 5, 2021 5:00 PM ET

Company Participants

Marie Mendoza - Senior Vice President and General Counsel
Eric DeMarco - President and Chief Executive Officer
Deanna Lund - Executive Vice President and Chief Financial Officer

Conference Call Participants

Josh Sullivan - Benchmark
Ken Herbert - Canaccord
Mike Crawford - B. Riley Securities
Peter Arment - Baird
Sheila Kahyaoglu - Jefferies
Michael Ciarmoli - Truist Securities
Seth Seifman - JP Morgan
Pete Skibitski - Alembic Global
Joe Gomes - Noble Capital

Operator

Good day and thank you for standing by. Welcome to the Kratos Defense & Security Solutions First Quarter 2021 Earnings Conference Call. At this time all participants are in a listen-only mode. After the speakers presentation there will be a question-and-answer session. [Operator Instructions].

I would now like to hand the conference to your speaker today, Marie Mendoza, Senior VP and General Counsel. Please go ahead.

Marie Mendoza

Thank you. Good afternoon, everyone. Thank you for joining us for the Kratos Defense & Security Solutions first quarter 2021 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 everyone to please take note of the safe harbor paragraph that is included at the end of today's press release. This paragraph emphasizes the major uncertainties and risks inherent in the forward-looking statements we will make this afternoon. Please keep these uncertainties and risks in mind as we discuss future strategic initiatives, potential market opportunities, operational outlook and financial guidance during today's call.

Today's call will also include a discussion of non-GAAP financial measures as that term is defined in Regulation G. Non-GAAP financial measures