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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Earnings data Q1 2023

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Earnings data Q4 2023

Earnings data Q1 2024

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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.

Contrary to expectations, a defense prime might be able to address the lack of affordable battlefield systems recognized in the 2024 NDAA.

Kratos Defense Says It Can Double to Quadruple Production Quickly

By opening a new facility in India, Kratos Defense & Security Solutions (KTOS) expands its global satellite tracking coverage by more than 30%.

Kratos (KTOS) Opens Space Domain Awareness Facility in India

Investors need to pay close attention to Kratos (KTOS) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Kratos (KTOS) Stock?

Kratos (KTOS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Kratos (KTOS) Stock Jumps 12.7%: Will It Continue to Soar?

SAN DIEGO, June 22, 2023 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in the Defense, National Security and Global Markets, announced an expansion of its Space Domain Awareness (SDA) network locations into India. Kratos' SDA network monitors the behavior of space-based radio frequency (RF) signals to identify critical information about satellites in orbit, such as their position, maneuvering, health, proximity to other satellites and more. It is the world's largest global RF sensor network providing commercially available SDA services in all segments: orbital, link and terrestrial.

Kratos Expands Global Space Domain Awareness Network with New Capabilities in India

Kratos' new Zeus 1 rocket motor completes a successful static test at Aerojet Rocketdyne's Camden, Arkansas facility is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f0040d0d-d78c-4d20-81bb-75a26462f2f8

Kratos Successfully Static Test Fires the Zeus 1 Solid Propellant Rocket Motor at Aerojet Rocketdyne's Camden, Arkansas

KTOS is well-positioned to benefit from DOD initiatives related to combat drones, with long-term growth potential in unmanned programs such as Valkyrie and Air Wolf. Despite flat guided unmanned revenue projections for 2023, the company has a large pipeline of opportunities and potential contributions from classified projects, making long-term growth prospects promising. I believe heightened geopolitical risk and tension of war are unspoken drivers for the DOD to quickly deploy these new technologies.

Kratos Defense & Security: Focus On The Long-Term Potential

Kratos (KTOS) forms an alliance with Shield AI to merge AI with its unmanned aircraft XQ-58 Valkyrie.

Kratos (KTOS) to Pair Valkyrie With AI in Alliance With Shield

Integration of AI Pilot onboard XQ-58 Valkyrie will unlock concept of intelligent, affordable mass for US DoD and Allies – the Holy Grail of Deterrence SAN DIEGO , June 15, 2023 /PRNewswire/ -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in the Defense, National Security and Global Markets, and Shield AI, Inc., a defense technology company building the world's best AI pilot, have signed an agreement to integrate and bring to market an AI pilot built by Shield AI for Kratos' XQ-58 Valkyrie, making real the concept of crewed-uncrewed teaming for jet aircraft. "Ukraine is losing 10,000 drones per month due to Russian electronic warfare – primarily because the Russians are jamming communications and GPS.

Shield AI and Kratos Team up to Integrate AI Pilot on Valkyrie XQ-58

Kratos Defense (KTOS) wins a contract from NSWCDD for thermo-mechanical and aerothermal ground testing of thermal protection system materials in ballistic reentry environments.

Kratos Defense (KTOS) Wins Deal for Submarine Ballistic Missile

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

Why Is Kratos (KTOS) Down 2.7% Since Last Earnings Report?

The mean of analysts' price targets for Kratos (KTOS) points to a 27.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Think Kratos (KTOS) Could Surge 27.25%: Read This Before Placing a Bet

Clearbox's Foresight Network and Spectrum Monitoring Product Will Become the Latest to Run on Kratos' OpenSpace® Virtual Ground System Clearbox's Foresight Network and Spectrum Monitoring Product Will Become the Latest to Run on Kratos' OpenSpace® Virtual Ground System

Kratos and Clearbox Systems Partner to Develop Advanced Dynamic Satellite Ground and Space Domain Awareness Solutions

Kratos Defense & Security Solutions sells into a highly desired, well-funded segment of the Department of Defense. After an acquisition spree, Kratos is transitioning to basic financial health improvement fundamentals that can potentially drive up the price of shares.

Kratos Defense & Security Solutions Is Taking-Off

Kratos nicely outlined future growth platforms. While I see value in Kratos, I find its enterprise-to-EBITDA valuation a bit high.

Kratos Defense & Security: A 50x EV/EBITDA Is A Bit High

The average of price targets set by Wall Street analysts indicates a potential upside of 25.9% in Kratos (KTOS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts See a 25.9% Upside in Kratos (KTOS): Can the Stock Really Move This High?

Kratos Defense's (KTOS) first-quarter earnings surpass the Zacks Consensus Estimate of 3 cents by 100%. Total revenues increase 18.1% from $196.2 million in the year-ago quarter.

Kratos Defense (KTOS) Q1 Earnings Beat, Revenues Rise Y/Y

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS ) Q1 2023 Earnings Conference Call May 3, 2023 5:00 PM ET Company Participants Marie Mendoza - Senior Vice President and General Counsel Eric DeMarco - President and CEO Deanna Lund - Executive Vice President and CFO Conference Call Participants Michael Ciarmoli - Truist Securities Mike Crawford - B. Riley Securities Seth Seifman - JPMorgan Sheila Kahyaoglu - Jefferies Ken Herbert - RBC Pete Skibitski - Alembic Global Peter Arment - Baird Joe Gomes - Noble Capital Operator Good day and thank you for standing by.

Kratos Defense & Security Solutions, Inc. (KTOS) Q1 2023 Earnings Call Transcript

OpenSpace® Dynamic Virtual Ground System Puts the Power of Commercial SATCOM and ISR Mission Data on One Device in the Hands of the Warfighter OpenSpace® Dynamic Virtual Ground System Puts the Power of Commercial SATCOM and ISR Mission Data on One Device in the Hands of the Warfighter

Kratos Takes Multi-Mission Satellite Ground System Support Demonstration on the Road

First Quarter 2023 Revenues of $231.8 Million Increased 18.1 Percent over First Quarter 2022 Revenues of $196.2 Million, including 12.0 Percent Organic Growth

Kratos Reports First Quarter 2023 Financial Results

Partnership Focuses on Delivering Fully Digital-Enabled Edge Terminal Solutions Partnership Focuses on Delivering Fully Digital-Enabled Edge Terminal Solutions

Kratos and ALL.SPACE to Work Together to Develop Advanced Terminal Solutions for Software-Defined Satellite Ground Systems

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Kratos Introduces Integration-Ready OpenEdge™ Digitizer Designed for Satellite Antenna Manufacturers Seeking to Digitally Enable Their Products

SAN DIEGO, March 28, 2023 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets, recently welcomed U.S. Senator Katie Britt (R-AL) to Kratos SRE in Birmingham, Alabama, to showcase their expertise in the development, modeling and deployment of advanced technologies including materials for extreme environments, hypersonics, space systems, missile systems, missile defense, strategic deterrence, propulsion systems, RF technology integration, additive manufacturing, airborne ISR, and energy applications.

Kratos SRE Welcomes Senator Katie Britt to Facility in Birmingham

SAN DIEGO, March 17, 2023 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets and industry-leading provider of high-performance, jet-powered unmanned aerial systems, announced today that it is further increasing its UK-based capability by the addition of key, seasoned engineering and programme/project management personnel highly experienced in jet UAS / Drone systems.

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