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.

One of the defense sector's most divisive stocks continues to show signs of maturing into a more reliable contractor.

Why Shares of Kratos Defense Are Higher Today

Kratos Defense & Security Solutions, Inc. (KTOS) CEO Eric DeMarco on Q1 2020 Results - Earnings Call Transcript

Kratos (KTOS) has been witnessing certain program delays, leading to program deliveries being pushed from 2020 to 2021. This might have led to escalated costs, thereby affecting its Q1 earnings.

Kratos Defense (KTOS) to Post Q1 Earnings: What's in Store?

Services help assure the government is efficiently utilizing commercially leased bandwidth Services help assure the government is efficiently utilizing commercially leased bandwidth

Kratos Awarded $19 Million Sole-Source Contract for Commercial Satcom Bandwidth Monitoring and Utilization Assessment

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SAN DIEGO, April  20, 2020  (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that Kratos Unmanned Systems Division has received a $2.7 million sole-source option award for Command and Control System Mission Kits to support U.S. drone operations. Kratos is the design and qualification authority and this award is part of the follow-on production program. Production is now in its second year of a 5 year IDIQ contract.

Kratos Awarded $2.7 Million Sole-Source Award for Drone Mission Command and Control Kits

SAN DIEGO, April  16, 2020  (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that its Kratos Unmanned Systems Division (KUSD) has been selected, and will participate in the Indefinite-Delivery Indefinite Quantity - Multiple Award Contract (IDIQ-MAC) to support the U.S. Naval Sea Systems Command Unmanned Surface Vehicle (USV) Family of Systems (FoS). The USV FoS includes platforms and systems that comprise the U.S. Navy’s future unmanned surface fleet.

Kratos Wins Place on U.S. Navy Unmanned Surface Vehicle Family of Systems in $982.1 Million IDIQ Multiple Award Contract

SAN DIEGO, April  15, 2020  (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that the Kratos Unmanned Systems Division has recently received sole-source contract awards totaling more than $19 million for the purchase of 21 high-performance jet target drones and spares. As a part of one of the contracts, Kratos will also provide development engineering to enable key specific mission capability for that customer.

Kratos Awarded Sole-Source Contracts for 21 High-Performance Jet Drones, Spares, and Support Totaling Over $19,000,000

As Cashflow Becomes Prized, Kratos Defense & Security Solutions Stock Could Suffer

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

Kratos (KTOS) Down 18% Since Last Earnings Report: Can It Rebound?

Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) enjoys a meaningful lead in the emerging jet drone combat market, which could grow exponentially as fourth-generation fighters are retired and there is a shift to attributable air warfare, according to Benchmark.

Kratos A Leader In Combat Drone Market, Benchmark Says In Bullish Initiation

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The U.S. gross domestic product (GDP) is expected to continue to expand in 2020, but at a slower growth rate of 2.4% compared to 3.2% in 2019 due to the economic disruption of the novel coronavirus outbreak.

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Weak earnings and overly conservative guidance weighed heavily on the shares of the defense electronics specialist.

Why Shares of Kratos Defense & Security Fell in February

SAN DIEGO, March  03, 2020  (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that Kratos has recently received sole-source option awards for electronic system mission kits to support U.S. drone operations and follow-on production orders for RF subsystems for a major missile program. Kratos won the original competitive drone contract in 2018 for design and development with future production option years as the sole-source provider.  The system is now in its second production year.   For the missile program, several thousand of these subsystem units have been produced by Kratos for this major missile platform for over 15 years. In recent years the quantities have been increasing with potential for this trend to continue for the foreseeable future.

Kratos Awarded $4.9 Million Sole-Source Contract Options for Drone Mission Kits and Missile RF Subsystems

SAN DIEGO, March  02, 2020  (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that its Command, Control, Communications, Computing, Combat & Intelligence, Surveillance and Reconnaissance (C5ISR) Division has received an approximate $6.8 million contract for engineering and production of specialized tactical mobility equipment for a combat system. The combat system Kratos is supporting will be used by multiple branches of the U.S. Armed Forces.

Kratos C5ISR Division Awarded $6.8 Million Contract for Combat System Support Equipment

SAN DIEGO, Feb.  28, 2020  (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that it has received an approximate $16.5 million single award contract for microwave electronics products in support of an airborne electronic warfare system.  This contract award is the initial production award for what is expected to be a long term, multi-year electronic warfare system upgrade across several hundred aerial platforms. Kratos is a leading provider of microwave electronic products in support of missile, radar, guided munitions, electronic warfare, communication and other programs and systems. For customer related, competitive and other considerations, no further information will be provided related to this contract award.

Kratos Receives $16.5 Million Electronic Warfare System Production Award

SAN DIEGO, Feb.  27, 2020  (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that it was awarded an $11.5 million contract to build an advanced space radio monitoring system for a government customer. The system will incorporate Kratos technologies and integrated products to help the country regulate and protect the satellite spectrum.

Kratos Awarded $11.5 Million Contract to Build Advanced Space Radio Monitoring System to Assure Satellite Spectrum

Drone contracts aren't materializing as fast as investors perhaps hoped.

Kratos Craters After Warning of Renewed Cash Burn

Sales and earnings miss estimates -- and the guidance ain't great, either.

Why Kratos Defense & Security Stock Just Dropped 20%

Kratos Defense's (KTOS) Q4 revenues total $185.1 million, missing the Zacks Consensus Estimate by 6.5% but increasing 12.6% year over year.

Kratos' (KTOS) Q4 Earnings Miss Estimates, Revenues Rise Y/Y

Kratos Defense & Security Solutions' (KTOS) CEO Eric DeMarco on Q4 2019 Results - Earnings Call Transcript

Kratos (KTOS) delivered earnings and revenue surprises of -18.18% and -6.40%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

Kratos (KTOS) Lags Q4 Earnings and Revenue Estimates

Solid performance by Kratos' (KTOS) C5ISR Modular Systems division and microwave business is expected to have boosted the top line in the fourth quarter.

Kratos Defense (KTOS) to Post Q4 Earnings: What's in Store?

Kratos (KTOS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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