KTOS Stock Recent News

SAN DIEGO, March 11, 2025 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in the defense, national security, and global markets, today announced the award of the Short/Medium Range Sub-Orbital Vehicle (SSOV) II contract as a partner to Corvid Technologies, LLC. The contract, awarded by the Naval Surface Warfare Center, Port Hueneme, White Sands Detachment, will encompass the design, manufacture, and delivery of short- and medium-range suborbital vehicles, including provision of ground test hardware, special test equipment, materials, engineering, and launch support services. The contract includes options which, if exercised, bring the potential subcontract value to greater than $50 million.

KTOS secures a $59.3 million contract for additional 70 BQM-177A Subsonic Aerial Target aircraft.

Kratos OpenEdge 2500 digitizer reaches important milestone in advancing satellite network equipment interoperability Kratos OpenEdge 2500 digitizer reaches important milestone in advancing satellite network equipment interoperability

BLOOMFIELD, Ind., March 07, 2025 (GLOBE NEWSWIRE) -- The American Center for Manufacturing & Innovation (ACMI) and Prometheus Energetics (Prometheus), a U.S.-based merchant supplier of solid rocket motors (SRMs) established through a new corporation between Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS) and RAFAEL Advanced Defense Systems Ltd.

AVAV, NVDA and KTOS are some stocks in the drone technology space that are worthy of investment consideration.

SAN DIEGO, March 06, 2025 (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 Kratos has received $59,338,010 for an additional 70 BQM-177A Subsonic Aerial Target (SSAT) aircraft through the exercise of the contract option for Full Rate Production (FRP) Lot 6. When combined with the base award and exercise of FRP Lot 5, the resulting overall value of FRP Lots 4 through 6 totals $177,702,962. Total contract value if the remaining option for Lot 7 is exercised at the maximum production quantity will be $227,647,890.

Kratos Defense & Security Solutions, Inc. KTOS recently delivered mixed fourth-quarter 2024 results. While the bottom line surpassed the Zacks Consensus Estimate, the top line missed the same.

KTOS' total revenues in the fourth quarter of 2024 miss the Zacks Consensus Estimate by 1.8%. However, the top line increases 3.4% from the year-ago level.

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS ) Q4 2024 Earnings Conference Call February 26, 2025 5:00 PM ET Company Participants Marie Mendoza - SVP & General Counsel Eric DeMarco - President & CEO Deanna Lund - EVP & CFO Conference Call Participants Josh Sullivan - Benchmark Company Seth Seifman - JPMorgan Mike Crawford - B. Riley Securities Jan Engelbrecht - Baird Ken Herbert - RBC Capital Markets Michael Ciarmoli - Truist Securities Noah Poponak - Goldman Sachs Trevor Walsh - Citizens JMP Joshua Zoepfel - Noble Capital Markets Andre Madrid - BTIG Pete Skibitski - Alembic Global Sheila Kahyaoglu - Jefferies Operator Good day and thank you for standing by.

The headline numbers for Kratos (KTOS) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.