<SEC-DOCUMENT>0001069258-21-000002.txt : 20210319
<SEC-HEADER>0001069258-21-000002.hdr.sgml : 20210319
<ACCEPTANCE-DATETIME>20210216185927
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001069258-21-000002
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20210216

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
		CENTRAL INDEX KEY:			0001069258
		STANDARD INDUSTRIAL CLASSIFICATION:	GUIDED MISSILES & SPACE VEHICLES & PARTS [3760]
		IRS NUMBER:				133818604
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1227

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		10680 TREENA STREET
		STREET 2:		SUITE 600
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92131
		BUSINESS PHONE:		858-812-7300

	MAIL ADDRESS:	
		STREET 1:		10680 TREENA STREET
		STREET 2:		SUITE 600
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92131

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WIRELESS FACILITIES INC
		DATE OF NAME CHANGE:	19990817
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2021 Workiva -->
<title>Document</title></head><body><div id="i41b67552a4c6471e9143b71e8f5c46fa_1"></div><div style="min-height:72pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="margin-bottom:0.25pt;text-align:justify;text-indent:-0.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:122%">February 16, 2021 </font></div><div style="margin-bottom:0.9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">  </font></div><div style="padding-right:252pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:119%">CORRESPONDENCE VIA EDGAR</font></div><div style="padding-right:252pt"><font><br></font></div><div style="padding-right:252pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:119%">U.S. Securities and Exchange Commission</font></div><div style="margin-bottom:0.25pt;padding-right:252pt;text-align:justify;text-indent:-0.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:122%">Division of Corporation Finance</font></div><div style="padding-right:252pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:119%">Office of Manufacturing</font></div><div style="padding-right:252pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:119%">100 F Street, NE </font></div><div style="margin-bottom:3pt;padding-right:252pt;text-align:justify;text-indent:-0.7pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:122%">Washington, D.C. 20549 </font></div><div style="margin-bottom:0.25pt;padding-right:252pt;text-align:justify;text-indent:-0.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:122%">Attention&#58;&#160;&#160;&#160;&#160;SiSi Cheng</font></div><div style="margin-bottom:0.25pt;padding-left:36.5pt;padding-right:252pt;text-align:justify;text-indent:17.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:122%">Anne Mcconnell</font></div><div style="margin-bottom:0.25pt;padding-left:36.5pt;padding-right:252pt;text-align:justify;text-indent:17.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:122%">Sergio Chinos</font></div><div style="margin-bottom:0.25pt;padding-left:36.5pt;padding-right:252pt;text-align:justify;text-indent:17.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:122%">Asia Timmons-Pierce</font></div><div style="margin-bottom:0.9pt;padding-right:252pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">  </font></div><div style="margin-bottom:0.1pt;text-align:justify;text-indent:-0.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:122%">R</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:122%">e&#58;    </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:122%">Kratos Defense &#38; Security Solutions, Inc.</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:122%"> </font></div><div style="margin-bottom:0.1pt;padding-left:25.2pt;text-align:justify;text-indent:-0.7pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:122%">Form 10-K for Fiscal Year Ended December 29, 2019</font></div><div style="margin-bottom:0.1pt;padding-left:25.2pt;padding-right:328.3pt;text-align:justify;text-indent:-0.7pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:122%">Filed February 24, 2020</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:122%"> </font></div><div style="margin-bottom:0.1pt;padding-left:25.2pt;text-align:justify;text-indent:-0.7pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:122%">Form 8-K Filed October 29, 2020</font></div><div style="margin-bottom:0.1pt;padding-left:24.75pt;text-align:justify;text-indent:-0.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:122%">File No. 001-34460</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:122%"> </font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%"> </font></div><div style="margin-bottom:0.9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">  We are providing to the staff of the Division of Corporation Finance</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:125%"> </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">of the U.S. Securities and Exchange Commission (the &#8220;Staff&#8221;) the response of Kratos Defense &#38; Security Solutions, Inc. (the &#8220;Company,&#8221; &#8220;Kratos&#8221; or &#8220;we&#8221;) to the comments in your letter dated January 25, 2021 regarding the Company&#8217;s Form 10-K for the fiscal year ended December 29, 2019, filed with the SEC on February 24, 2020, and the Company&#8217;s Form 8-K filed on October 29, 2020.  For your convenience, we have reproduced your comments in bold below. </font></div><div style="margin-bottom:0.9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">  </font></div><div style="margin-bottom:0.25pt;text-align:justify;text-indent:-0.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:122%;text-decoration:underline">Form 8-K Filed October 29, 2020 </font></div><div style="margin-bottom:0.9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">  </font></div><div style="margin-bottom:0.25pt;text-align:justify;text-indent:-0.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:122%;text-decoration:underline">Exhibit 99.1</font></div><div style="margin-bottom:0.9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">  </font></div><div style="margin-bottom:0.1pt;text-align:justify;text-indent:-0.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:122%">1.  We acknowledge your response to prior comment 3.  For a non-GAAP performance measure, Question 102.11 of the Compliance and Disclosure Interpretations on Non-GAAP Financial Measures requires the inclusion of both current and deferred income tax expense.  Please revise your future press releases accordingly.</font></div><div style="margin-bottom:0.9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%"> </font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:125%;text-decoration:underline">Response</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:125%">&#58;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%"> </font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">In response to the Staff&#8217;s comment, we respectfully acknowledge that we are required to include both current and deferred income tax expense for non-GAAP performance measures.  We will provide this information in future press releases. </font></div><div style="margin-bottom:0.9pt;text-align:justify"><font><br></font></div><div style="margin-bottom:0.25pt;text-align:justify;text-indent:-0.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:122%">If you have any further questions, please feel free to contact me at (858) 812-7321. </font></div><div style="margin-bottom:0.95pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">  </font></div><div style="margin-bottom:0.25pt;text-align:justify;text-indent:-0.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:122%">Sincerely, </font></div><div style="margin-bottom:0.9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">  </font></div><div style="margin-bottom:0.25pt;text-align:justify;text-indent:-0.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:122%">&#47;s&#47; Deanna H. Lund </font></div><div style="margin-bottom:0.25pt;text-align:justify;text-indent:-0.5pt"><font><br></font></div><div style="margin-bottom:0.25pt;text-align:justify;text-indent:-0.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:122%">Deanna H. Lund </font></div><div style="margin-bottom:0.25pt;text-align:justify;text-indent:-0.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:122%">Executive Vice President and Chief Financial Officer </font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">  </font></div><div style="margin-bottom:0.9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:125%">  </font></div><div style="margin-bottom:0.25pt;text-align:justify;text-indent:-0.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:122%">Cc&#58;   Kratos Senior Vice President and General Counsel &#8211; Marie Mendoza  </font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:justify"><font><br></font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
