Kratos Defense & Security Solutions(KTOS)

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Kratos Expands U.S. Jet Engine Production Footprint with New Advanced Manufacturing Facility, Test Cells in Bristow, Oklahoma
Globenewswire· 2025-06-16 07:00
Core Viewpoint - Kratos Defense & Security Solutions, Inc. is set to establish a new advanced manufacturing facility in Bristow, Oklahoma, focusing on the production of its GEK family of turbojet engines, particularly the GEK800, with plans for significant expansion and job creation [1][5][6]. Company Overview - Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) specializes in technology, products, systems, and software for defense, national security, and commercial markets [7]. - The company emphasizes affordability and rapid development of solutions to meet mission-critical needs [8]. Facility Details - The new facility will cover 50,000 square feet on a 20-acre site, with plans to expand to 100,000 square feet and accommodate up to five production lines for GEK engines, aiming for an initial output of 500 engines annually [1][3]. - The facility will include three small engine test cells, operational by 2027, supported by grant funding from the State of Oklahoma [4]. Job Creation and Economic Impact - The initial engine line is projected to create 60 high-quality jobs, with recruitment starting in late 2025 and general hiring in Q1 2026; each additional production line is expected to add approximately 45 new jobs [4]. - Local and state officials highlight the facility's significance for American workers and national defense, reinforcing Oklahoma's role as a hub for innovative defense technology [6]. Strategic Importance - The facility aligns with Kratos' strategy to deliver high-performance, cost-effective propulsion systems to meet the growing demands of defense customers [5][6]. - The investment reflects a commitment to strengthening America's industrial base and supporting the Department of Defense and allied forces [6].
Kratos’ Aegis Readiness Assessment Vehicle Type B (ARAV-B) Medium-Range Ballistic Missile Target Successfully Engaged, Intercepted by U.S. Guided Missile Destroyers USS Bulkeley (DDG-84) and USS Thomas Hudner (DDG-116) Using Standard Missile 3 (SM-3)
Globenewswire· 2025-06-12 12:00
SAN DIEGO, June 12, 2025 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in Defense, National Security and Global Markets, today announced its participation in NATO’s At-Sea Demonstration (ASD)/Formidable Shield (FS) 25. This extensive live-fire exercise, the largest of its kind in the European theater, is hosted biennially by the U.S. 6th Fleet and executed by Naval Striking and Support Forces NATO. This year’s exercise comprised a series of live-fire even ...
Kratos' Aegis Readiness Assessment Vehicle Type B (ARAV-B) Medium-Range Ballistic Missile Target Successfully Engaged, Intercepted by U.S. Guided Missile Destroyers USS Bulkeley (DDG-84) and USS Thomas Hudner (DDG-116) Using Standard Missile 3 (SM-3)
GlobeNewswire News Room· 2025-06-12 12:00
SAN DIEGO, June 12, 2025 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in Defense, National Security and Global Markets, today announced its participation in NATO’s At-Sea Demonstration (ASD)/Formidable Shield (FS) 25. This extensive live-fire exercise, the largest of its kind in the European theater, is hosted biennially by the U.S. 6th Fleet and executed by Naval Striking and Support Forces NATO. This year’s exercise comprised a series of live-fire even ...
Kratos Awarded $25 Million Task Order for U.S. Space Force's Evolved Strategic SATCOM
Globenewswire· 2025-06-11 12:00
According to Phil Carrai, President of Kratos' Space, Training & Cybersecurity Division, "One of the primary CCS-C infrastructure changes associated with this task order is the implementation of Kratos' OpenSpace Platform to support the specified needs of the program. OpenSpace employs a modern, containerized and orchestrated architecture enabling the Space Force to select only the OpenSpace capabilities needed as missions evolve, providing a pathway for enterprise ground services for MILSATCOM constellatio ...
Kratos and GE Aerospace Sign Teaming Agreement, Expand Small Engine Portfolio with New Propulsion System
GlobeNewswire News Room· 2025-06-03 12:00
SAN DIEGO, June 03, 2025 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in the Defense, National Security and Global Markets, and GE Aerospace (NYSE: GE) today announced a formal teaming agreement to advance propulsion technologies for the next generation of affordable unmanned aerial systems and Collaborative Combat Aircraft-type (CCA-type) aircraft. Eric DeMarco, President and CEO of Kratos, said, “Kratos’ strategically important Teaming Agreement with G ...
Kratos: Hypersonics, Missile Defense And Drones Drive Growth
Seeking Alpha· 2025-05-18 15:56
Group 1 - Kratos Defense & Security Solutions (NASDAQ: KTOS) is identified as a company with significant opportunities in the drone and hypersonics sector, which has garnered positive valuation from Wall Street [1] - The analysis is provided by an investing group focused on discovering investment opportunities within the aerospace, defense, and airline industries, leveraging data-informed analysis [1] - The investing group offers access to data analytics monitors, enhancing the investment research process [1] Group 2 - The article emphasizes the importance of context in understanding developments within the aerospace and defense industry, which can impact investment theses [1]
Kratos Defense Q1 Earnings Beat Estimates, Revenues Rise Y/Y
ZACKS· 2025-05-09 16:30
Kratos Defense & Security Solutions, Inc. (KTOS) shares declined 5.1% to reach $34.22 on May 8 following the release of its first-quarter 2025 results.The company reported first-quarter 2025 adjusted earnings of 12 cents per share, up 9.1% from 11 cents in the prior-year quarter. The bottom line also surpassed the Zacks Consensus Estimate of 9 cents by 33.3%. (See the Zacks Earnings Calendar to stay ahead of market-making news.)Kratos Defense reported GAAP earnings of 3 cents per share compared with a penny ...
Kratos (KTOS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-05-07 23:00
Kratos (KTOS) reported $302.6 million in revenue for the quarter ended March 2025, representing a year-over- year increase of 9.2%. EPS of $0.12 for the same period compares to $0.11 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $292.16 million, representing a surprise of +3.57%. The company delivered an EPS surprise of +33.33%, with the consensus EPS estimate being $0.09. Here is how Kratos performed in the just reported quarter in terms of the metrics most widely monitored a ...
Kratos (KTOS) Surpasses Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-07 22:21
Kratos (KTOS) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this military contractor would post earnings of $0.09 per share when it actually produced earnings of $0.13, delivering a surprise of 44.44%.Over the last four quarters, the compa ...
Kratos Defense & Security Solutions(KTOS) - 2025 Q1 - Earnings Call Transcript
2025-05-07 22:02
Kratos Defense & Security Solutions (KTOS) Q1 2025 Earnings Call May 07, 2025 05:00 PM ET Company Participants Marie Mendoza - Senior Vice President and General CounselEric DeMarco - President and CEODeanna Lund - Executive Vice President and CFOMike Crawford - SMD & Head of Discovery GroupKen Herbert - Managing DirectorMichael Ciarmoli - Managing Director - Aerospace & Defense Equity ResearchPete Skibitski - Director - Aerospace & Defense Equity ResearchRustam Kanga - VP - ResearchGreg Konrad - SVP-Equity ...