Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. provides mission critical products, services and solutions for United States national security priorities. Its products include microwave electronic products, satellite communications, modular systems, and rocket support operating. The company was founded on December 19, 1994 and is headquartered in Round Rock, TX.

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Kratos Defense reports strong Q4 earnings, eyes sustained growth

Kratos Defense & Security Solutions delivered strong financial performance in Q4 '22 and FY '22, with a focus on cost reduction and margin improvement for FY '23.
The company's strategic investments in technology are paying off, driving revenue, profit, and cash flow growth, positioning Kratos for a successful transition year in 2023.
While facing challenges such as supply chain delays and financial management, Kratos remains well-equipped to capitalize on opportunities in space communications, target drones, and strategic partnerships.
Overall, Kratos' outlook for 2023 is optimistic, with sustained growth expected across key business segments and promising developments in defense programs and aerospace collaborations.

Kratos Defense reports strong Q1 earnings amidst growth opportunities

Kratos Defense & Security Solutions is on track for sustained future growth, focusing on margin improvement and addressing challenges from supply chain disruptions and inflation. The company's tactical jet drones and contract wins position it well for continued success in the defense industry.

Kratos Defense & Security Solutions excels in Q2, eyes hypersonics market

Kratos Defense & Security Solutions delivered a strong Q2 performance, showcasing growth in revenues and cash flows. Despite facing challenges in working capital and production lead times, the company remains confident in meeting its 2023 financial objectives. With a focus on technological innovation and market share expansion, Kratos is poised for continued success in the defense and security sector.

Kratos Defense reports robust Q3 performance amidst strategic investments

Kratos Defense & Security Solutions showcased strong performance in Q3 2023, with a strategic focus on technology development and revenue growth.
While facing challenges like margin pressure and operational hurdles, the company is leveraging opportunities in Unmanned Systems and engine programs.
Investments in automation and a cautious approach to program success prediction reflect Kratos' balanced strategy for sustainable growth.
Overall, Kratos remains optimistic about its future prospects, driven by key programs, partnerships, and a commitment to innovation.

Kratos Defense excels in Q4, eyes growth in Unmanned Systems

Kratos Defense & Security Solutions delivered strong financial results in Q4 2023 and exceeded full-year revenue expectations, setting a positive tone for 2024.
The company's strategic focus on key growth areas, robust opportunity pipeline, and investments in production facilities underscore its commitment to sustained growth.
While facing challenges such as supply chain disruptions and operating hurdles, Kratos remains optimistic about its financial trajectory and growth prospects in 2024.

Kratos excels in Q1, eyes satellite launches for growth

Kratos Defense & Security Solutions demonstrated robust performance and strategic investments in Q1, setting the stage for future growth and innovation.
While facing challenges such as government contracting timelines and space contract delays, the company's strengths in partnerships and vertical integration bolster its competitive edge.
With a focus on expanding into satellite launches, unmanned systems, and advanced technologies, Kratos is poised to capitalize on emerging opportunities and drive sustained success.

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Kratos Defense & Security Solutions, Inc. engages in the provision of mission critical products, services and solutions for United States national security priorities. It operates through the Kratos Government Solutions (KGS) and Unmanned Systems (US) segments. The KGS segment consists of an aggregation of KGS operating segments, including microwave electronic products, space, satellite and cyber, training solutions. The US segment refers to the unmanned aerial, unmanned ground, unmanned seaborne and related command, control and communications system businesses. The company was founded on December 19, 1994, and is headquartered in Round Rock, TX.

SAN DIEGO, May 19, 2022 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that it has teamed with the Minn-Dak Farmers Cooperative (MDFC) to launch self-driving trucks, easing the truck driver shortage burden using Kratos Autonomous Systems to ensure integrity of the agriculture supply chain as a critical national security concern.

Kratos Defense, Minn-Dak Farmers Cooperative Partner to Deploy Self-Driving Trucks to Address Workforce Challenges and Improve the Supply Chain

Kratos Defense's (KTOS) first-quarter 2022 adjusted earnings beat the Zacks Consensus Estimate of a penny by a whopping 300%. Total revenues increase 1% from $194.2 million in the year-ago quarter.

Kratos Defense (KTOS) Q1 Earnings Top Estimates, Revenues Rise

Kratos Defense and Security Solutions, Inc. (NASDAQ:KTOS ) Q1 2022 Earnings Conference Call May 5, 2022 10:00 AM ET Company Participants Marie Mendoza - Senior Vice President & General Counsel Eric DeMarco - President & Chief Executive Officer Deanna Lund - Executive Vice President & Chief Financial Officer Conference Call Participants Mike Crawford - B. Riley Securities FBR Ken Herbert - RBC Capital Markets Austin Moeller - Canaccord Genuity Peter Arment - Baird Joe Gomes - NOBLE Capital Markets Pete Skibitski - Alembic Global Operator Welcome to the Kratos Defense & Security Solutions First Quarter 2022 Earnings Conference Call.

Kratos Defense and Security Solutions, Inc. (KTOS) CEO Eric DeMarco on Q1 2022 Results - Earnings Call Transcript

Kratos (KTOS) delivered earnings and revenue surprises of 300% and 0.81%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Kratos (KTOS) Tops Q1 Earnings and Revenue Estimates

Affirms Full Year 2022 Financial Guidance Affirms Full Year 2022 Financial Guidance

Kratos Reports First Quarter 2022 Financial Results

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SAN DIEGO, May 04, 2022 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider, today announced that its President & CEO, Eric DeMarco, and its Executive VP & CFO, Deanna Lund, will participate in a question and answer fireside chat at the Goldman Sachs Industrial and Materials Conference on Thursday, May 12th at 2:40pm Eastern.

Kratos to Participate in the Goldman Sachs Industrials and Materials Conference 2022

SAN DIEGO, April 25, 2022 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider, announced today that it will publish financial results for the first quarter of 2022 after the close of market on Thursday, May 5. Management will discuss the Company's operations and financial results in a conference call beginning at 2:00 p.m. Pacific (5:00 p.m. Eastern).

Kratos Defense & Security Solutions Schedules First Quarter 2022 Earnings Conference Call for Thursday, May 5th

Kratos Defense & Security Solutions, Inc. is a US-based defense stock that is a certified defense contractor for the US government. Through its innovative approach, KTOS is geared towards launching low-cost and high-performance systems for use by the United States military.

Kratos Defense & Security Solutions Can Prove To Be Highly Valuable

SAN DIEGO, April 04, 2022 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that Robert Winkler, former Professional Staff Member for the U.S. Senate Committee on Armed Services and staff-lead for the Air Land Subcommittee, has joined Kratos as Vice President of Corporate Development & National Security Programs. In this role, Winkler will focus on developing strategies for aligning Kratos' development efforts with U.S. Department of Defense (DoD), Congressional, and Executive Branch priorities, as well as communicating the value of Kratos' low-cost, high-performance technology, solutions, and breakthroughs to national defense and governmental leaders.

Robert Winkler Joins Kratos as Vice President of Corporate Development & National Security Programs

Kratos (KTOS) reported earnings 30 days ago. What's next for the stock?

Why Is Kratos (KTOS) Up 31.7% Since Last Earnings Report?

Virtual, Orchestrated Environment Supports Deployment of Point-to-Point Services through Standards-based Integration Across Satellite Ground Systems and Global Communications Networks Virtual, Orchestrated Environment Supports Deployment of Point-to-Point Services through Standards-based Integration Across Satellite Ground Systems and Global Communications Networks

Kratos' OpenSpace Platform Now Enables Carrier Ethernet-over-Satellite

Kratos Defense's (KTOS) fourth-quarter 2021 adjusted earnings of 11 cents per share improve 37.5% from 8 cents reported in the prior-year quarter.

Kratos Defense (KTOS) Q4 Earnings Top Estimates, Revenues Rise

Kratos Defense and Security Solutions, Inc. (KTOS) CEO Eric DeMarco on Q4 2021 Results - Earnings Call Transcript

Kratos (KTOS) delivered earnings and revenue surprises of 22.22% and 1.43%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Kratos (KTOS) Beats Q4 Earnings and Revenue Estimates

Approximately $300 Million Outstanding on 6.5% Notes To be Replaced by New 5 Year Bank Credit Facility Approximately $300 Million Outstanding on 6.5% Notes To be Replaced by New 5 Year Bank Credit Facility

Kratos Announces Completion of Refinancing Transaction

Fiscal 2021 Revenues of $811.5 Million and Fourth Quarter 2021 Revenues of $211.6 Million Increased 8.5 percent and 2.5 Percent over Fiscal Year and Fourth Quarter 2020 Revenues, Respectively

Kratos Reports Fourth Quarter and Fiscal 2021 Financial Results

SAN DIEGO, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider, announced today that it will publish financial results for the fourth quarter and Fiscal Year End 2021 after the close of market on Tuesday, February 22, 2022. Management will discuss the Company's operations and financial results in a conference call beginning at 2:00 p.m. Pacific (5:00 p.m. Eastern).

Kratos Defense & Security Solutions Schedules Fourth Quarter and Fiscal Year End 2021 Earnings Conference Call for Tuesday, February 22nd

Approximately $300 Million Outstanding on 6.5% Notes Expected to Be Replaced by New 5 Year Bank Credit Facility

Kratos Announces Commencement of an Offer to Redeem All Outstanding 6.5% Senior Secured Notes Due November 2025

Kratos Defense & Security Solutions, Inc's (NASDAQ: KTOS) Kratos Unmanned Systems Division received a $20 million contract award from an international customer for high performance, unmanned aerial target drone system aircraft and related services. The procurement includes aerial target drones, spares and consumables, a ground control station (GCS), ground support equipment, launching systems, and payloads.

Kratos Secures $20M International Drone Contract

Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) has received an ~$50 million contract value increase for an existing Command, Control, Communications, Computing, Combat System and Intelligence, Surveillance and Reconnaissance (C5ISR) Program.  Under this Program, Kratos provides specialized products, hardware, engineering, and other services and deliverables.

Kratos Secures $50M Contract Value Increase For C5ISR Program

SAN DIEGO, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that it has recently received an approximately $50 million contract value increase for an existing Command, Control, Communications, Computing, Combat System and Intelligence, Surveillance and Reconnaissance (C5ISR) Program.  Under this Program, Kratos is providing specialized products, hardware, engineering and other services and deliverables.  Kratos C5ISR business manufactures and provides specialty hardware, products and systems in support of certain of the United States and its Allies most important and Mission Critical National Security programs, including Unmanned Aerial Drone systems, Missile & Radar Systems, High Power, Directed Energy and Hypersonic Systems, Naval Combatant and Space and Satellite Communication Systems.  Work under this program is being performed at secure Kratos and customer manufacturing facilities and locations.  Due to customer, competitive, security related and other considerations, no additional information will be provided related to this National Security related Program.

Kratos Receives $50 Million Contract Value Increase for C5ISR Program System Hardware Platform

Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) has received ~$14 million in contract awards for logistics support, spares, consumables, and support needed to address the demand for its customer drone system operations. The company did not disclose any additional information citing customer-related, competitive, security, and other considerations.

Kratos Bags $14M Contract Awards Linked To Drone System

SAN DIEGO, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider and industry-leading provider of high-performance, jet-powered unmanned aerial systems, announced today that it has recently received approximately $14 million in contract awards for logistics support, spares, consumables, and support needed to address the growing demand for Kratos' customer drone system operations.   Due to customer-related, competitive, security, and other considerations, no additional information will be provided.

Kratos Wins $14 Million in Contract Awards for Drone System Logistics Support, Spares, and Consumables

Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) and Kymeta entered a strategic partnership to jointly develop products and solutions that will enable modern, virtualized ground systems to better leverage the capabilities of the next-generation mobile satellite antennas. Deal terms not disclosed.

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