First Quarter 2024 Revenues of $277.2 Million Increased 19.6 Percent over First Quarter 2023 Revenues of $231.8 Million, including 19.5 Percent Organic Growth First Quarter 2024 Unmanned Systems Revenues of $59.4 Million Increased 23.8 Percent over First Quarter 2023 Revenues of $48.0 Million, including 21.8 Percent Organic Growth First Quarter 2024 KGS Revenues of $217.8 Million Reflect 18.5 Percent Organic Growth over First Quarter 2023 Revenues of $183.8 Million First Quarter 2024 and Last Twelve Months ...

Analysts on Wall Street project that Kratos (KTOS) will announce quarterly earnings of $0.05 per share in its forthcoming report, representing a decline of 16.7% year over year. Revenues are projected to reach $250.96 million, increasing 8.3% from the same quarter last year.Over the last 30 days, there has been a downward revision of 7.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts ov ...

SAN DIEGO, April 29, 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 first quarter 2024 after the close of market on Tuesday, May 7th. 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). The call will be available at www.kratosdefense.com. Particip ...

Its products are in high demand as conflicts flare around the world -- but does its stock cost too much?Kratos Defense & Security Solutions (KTOS 7.99%) got a big lift Friday when investment bank Raymond James upgraded its stock from outperform to strong buy and raised its price target to $27 a share.As of 1:22 p.m. ET, shares of the tiny defense contractor were up by about 7.5%.What Raymond James is saying about KratosThe reason for the upgrade was obvious: "Drones & Air Defense ... demand has accelerated ...

SAN DIEGO and LUXEMBOURG, April 17, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a technology company in the defense, national security and global markets, and SES, a leader in global content connectivity solutions, successfully executed a fully virtualized satellite communications (SATCOM) ground system demonstration for the U.S. Army's Combat Capabilities Development Command, both announced today. Kratos and SES successfully showed a flexible network architecture facil ...

Modern warfare tactics have changed drastically. Increasingly, unmanned aerial vehicles (UAVs) have played a pivotal role in shaping the defense landscape, which bodes well for security specialist Kratos Defense (NASDAQ:KTOS). With its UAV project gaining steam, KTOS stock could be an intriguing long-side wager.Specifically, Kratos developed a stealthy unmanned UAV called the Valkyrie XQ-58A. Per the company’s website, the Valkyrie is a combat drone designed to deliver weapons or assist fighter jets. Powere ...

SAN DIEGO, April 15, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a technology company in the defense, national security and global markets, announced today that its Space & Missile Defense Systems (SMDS) Business Unit, a part of Kratos' Defense & Rocket Support Services (DRSS) Division, successfully completed the static test firing of the Zeus 2 solid rocket motor (SRM) with Aerojet Rocketdyne, an L3Harris Technologies (NYSE:LHX) company, at their Camden, Arkansas facil ...

One analyst is tempering her expectations for the company heading into earnings season.A Wall Street analyst is tapping the brakes on Kratos Defense & Security Solutions (KTOS -2.18%), and investors are taking notice. Shares of the defense tech company fell by 4.6% at the open Wednesday.Don't expect fireworksKratos manufactures drones and defense electronics products. It's best known today for its aerial target drones, but it also has a line of more advanced "loyal wingman" products that it hopes will one d ...

SAN DIEGO, April 03, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a Technology Company in the Defense, National Security and Global Markets, today announced an update related to its Board of Directors. As the result of an ongoing Board augmentation and refreshment process, the Company has appointed Brigadier General (Retired) Bobbi Doorenbos to the Kratos Board of Directors, effective March 28, 2024. General Doorenbos brings significant relevant and diverse experience an ...

Having successfully flown AI pilots on five aircraft — three classes of quadcopters, the MQ-35A V-BAT, and the F-16 in fully autonomous air combat training — Shield AI's Hivemind AI pilot has now successfully flown on and controlled the Kratos MQM-178 Firejet. These successful flights are a major milestone in the comprehensive integration project as Shield AI and Kratos look to ultimately productize another configuration of the Valkyrie, in this case with Shield AI's Hivemind AI pilot. "Our substantial inve ...