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.

Credit: NASA A Kratos Terrier Terrier Oriole sounding rocket lifts off on March 3, 2021 from the Wallops Flight Facility in Virginia

Kratos Receives $877 Million Indefinite-Delivery/Indefinite-Quantity, Multiple Award Sounding Rocket Program-4 Contract Award

SAN DIEGO, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets and an industry-leading provider of high-performance, jet-powered unmanned aerial systems, recently welcomed U.S. Senator Gary Peters (D-MI) and U.S. Representative Lisa McClain (R-MI-9) to Technical Directions Inc. (TDI) headquartered in Oxford, Michigan, to showcase Kratos' family of affordable turbine engines and turbogenerators.

Kratos Welcomes U.S. Sen. Gary Peters, U.S. Rep.

SAN DIEGO, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets, announced today that it will publish financial results for the fourth quarter and fiscal year 2023 after the close of market on Tuesday, February 13th. 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 2023 Earnings Conference Call for Tuesday, February 13th

Kratos (KTOS), with the recent contract win, will continue to support the U.S. Defence's Counter Unmanned Aerial System (CUAS), Air Defense and Radar Systems.

Kratos (KTOS) Wins $50M Deal for CUAS & Air Defense Systems

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BIRMINGHAM, Ala.--(BUSINESS WIRE)--Velo3D, Inc. (NYSE: VLD), a leading metal additive manufacturing technology company for mission-critical parts, today announced Kratos SRE, Inc., a subsidiary of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), has acquired a Velo3D Sapphire printer to support Kratos's technology development and ability to rapidly, reliably, and affordability address defense industry customers' evolving requirements. The Velo3D state-of-the-art metal additive manuf.

Kratos Defense & Security Solutions to Leverage the Most Advanced Metal Additive Manufacturing Solution Available With the Purchase of a Velo3D Sapphire Printer

SAN DIEGO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in Defense, National Security and Global Markets, announced today that it has recently received approximately $50 million in awards for Products and Hardware, including for and in support of Counter Unmanned Aerial System (CUAS), Air Defense and Radar Systems. The $50 million total includes contracts and programs that were awarded to Kratos on a single award or sole source basis. Kratos is an industry leader in systems, hardware and microwave electronics, including for and in support of CUAS, unmanned aerial drone, missile, radar and air defense related systems. At Kratos, affordability is a technology, with Kratos offerings envisioned and designed up front, for rapid, low-cost manufacturing and production, at scale and in large quantities. Work under these recently received awards will be performed at secure Kratos manufacturing facilities and customer locations.  Due to security related, competitive and other considerations, no additional information will be provided.

Kratos Receives $50 Million in Awards for Counter UAS and Air Defense Systems

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Kratos (KTOS) wins a $22.9-million deal involving the XQ-58A Unmanned Aerial Systems.

Kratos (KTOS) Clinches a Modification Deal for XQ-58A UAS

Kratos Defense & Security Solutions reported strong Q3 results, exceeding revenue and profit expectations. The company increased its 2023 guidance, expecting growth and margin expansion. Despite being overvalued compared to peers, the stock has upside potential due to the nature of UAV companies, trading at higher multiples.

Kratos Stock Still: A Buy Or Hold?

I continue to recommend a buy rating due to strong secular tailwinds and growth catalysts. KTOS has shown strong performance, with revenue growth, improved margins, and a healthy backlog. The KUS segment, particularly the SSAT and AFSAT projects, is expected to drive growth, supported by increased demand for drones in the defense industry.

Kratos Defense & Security: Splendid Quarter, Secular Tailwinds Remain Intact

Newly Formed Atreus Technologies, LLC, a Small Business Association Mentor Protégé Program Joint Venture, Aims to Elevate Technology Leading Defense and Aerospace Solutions Newly Formed Atreus Technologies, LLC, a Small Business Association Mentor Protégé Program Joint Venture, Aims to Elevate Technology Leading Defense and Aerospace Solutions

Transformative Partnership Between Kratos Defense & Rocket Support Solutions and ReLogic Research Created

Kratos Defense's (KTOS) third-quarter 2023 adjusted earnings beat the Zacks Consensus Estimate by 50%.

Kratos Defense (KTOS) Q3 Earnings Top, Revenues Rise Y/Y

Kratos Defense & Security Solutions, Inc. (KTOS) Q3 2023 Earnings Call Transcript

SAN DIEGO, Calif, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a Technology Company in the Defense, National Security and Global Markets, today announced updates related to its Board of Directors. As the result of an ongoing Board augmentation and refreshment process, the Company has appointed retired Army Col. Brad Boyd and recently retired long-time equity fund Portfolio Manager Dan Hagen, to the Kratos Board of Directors, effective November 1, 2023. Mr. Boyd and Mr. Hagen both bring significant relevant and diverse experience and expertise to the Kratos Board.

Kratos Announces New Directors as Part of Ongoing Board Refresh and Augmentation Process, Thanks Retiring Directors for Their Service to the Company and its National Security Focused Mission

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 and an industry-leading provider of high-performance, jet-powered unmanned aerial systems, today announced the Marine Corps XQ-58A Valkyrie, a highly autonomous, low-cost tactical unmanned air vehicle successfully completed its first test flight October 3, 2023, at Eglin Air Force Base, Florida. Kratos partnered with the Marine Corps, the Office of the Undersecretary of Defense for Research and Engineering (OUSD (R&E)), the Naval Air Systems Command and Naval Warfare Center Aircraft Division to facilitate the ongoing research, development, test and evaluation of the Marine Corps XQ-58A Valkyrie.

Kratos XQ-58A Valkyrie Completes U.S Marine Corps PAACK-P Program Flight

Third Quarter 2023 Revenues of $274.6 Million Reflect 20.1 Percent Organic Growth Over Third Quarter 2022 Revenues of $228.6 Million

Kratos Reports Third Quarter 2023 Financial Results

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SAN DIEGO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets, announced today that it will publish financial results for the third quarter 2023 after the close of market on Thursday, November 2nd. 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 Third Quarter 2023 Earnings Conference Call for Thursday, November 2nd

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An engine and wing kit for the widely-used Joint Direct Attack Munition (JDAM) could turn it into a hyper-Kamikaze drone.

The Boeing-Kratos PJDAM Is A 300-Mile Smart Bomb

The outbreak of war between Israel and Hamas is providing a lift to defense stocks as investors bet on technology.

Israel-Hamas War Puts Focus On These Two Defense Stocks Setting Up Bullish Patterns

SAN DIEGO, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in the Defense, National Security and Global Markets, announced today that it was awarded a contract for three aviation trainers, one Kratos UH-60M Black Hawk Avionics Trainer (BHAT) and two Kratos UH-60M Maintenance Blended Reconfigurable Aviation Trainers (MBRAT).

Kratos Awarded $16 Million+ Contract for Avionics Trainers for the Australian Defence Force (ADF)

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