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Kratos Unmanned Systems Demonstrates Leader Follower Platooning Technology in Quebec's Forestry Sector in a Timber Hauling Operation
GlobeNewswire· 2025-01-27 13:00
Driverless Vehicle Initiative Focused on Mitigating Driver Shortages, Improving Safety Protocols, Boosting Rural Economic Vitality, and Contributing to the Development of a Regulatory Framework for Autonomous Vehicles SAN DIEGO, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in the defense, national security and global markets, announced that Kratos Unmanned Systems Division successfully executed a multi-week demonstration of its self-drivin ...
Kratos Unmanned Systems Demonstrates Leader Follower Platooning Technology in Quebec's Forestry Sector in a Timber Hauling Operation
Newsfilter· 2025-01-27 13:00
SAN DIEGO, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a technology company in the defense, national security and global markets, announced that Kratos Unmanned Systems Division successfully executed a multi-week demonstration of its self-driving truck platooning system technology with FPInnovations, a Canadian research and technology organization that assesses, adapts and delivers solutions to Canada's forest industry's total value chain. The Kratos develope ...
Kratos Receives $34.8M Contract for Valkyrie Mission System Integration
GlobeNewswire· 2025-01-21 13:00
SAN DIEGO, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in Defense, National Security and Global Markets, announced today a $34,856,449 award modification to a previously awarded cost-plus-fixed-fee contract from the U.S. Marine Corps. The expanded scope is to support the XQ-58A Unmanned Aerial Systems mission systems and subsystems integration for the Marine Air-Ground Task Force Unmanned Aerial System Expeditionary (MUX) Tactical Aircraft ...
Here's Why You Should Add Kratos Defense to Your Portfolio Right Now
ZACKS· 2025-01-16 12:21
Kratos Defense & Security Solutions, Inc. (KTOS) , with rising earnings estimates, low debt, high liquidity and a rising backlog, offers a great investment opportunity in the Zacks Aerospace Defense Equipment industry.Let’s focus on the reasons that make this Zacks Rank #2 (Buy) stock an attractive investment pick at the moment.KTOS’ Growth Projections & Surprise HistoryThe Zacks Consensus Estimate for KTOS’ 2025 earnings per share (EPS) has increased 3.5% to 59 cents in the past 90 days and indicates a 27. ...
Kratos Defense Secures $100M Contract for Hypersonic System Program
ZACKS· 2025-01-15 12:36
Core Viewpoint - Kratos Defense & Security Solutions, Inc. (KTOS) has secured a contract valued at approximately $100 million for a hypersonic system program, which will involve engineering, systems, and hardware support [1] Group 1: Kratos Defense & Security Solutions, Inc. (KTOS) - The contract will be executed in Kratos' secure fabrication, manufacturing, and system integration facilities [1] - The company is recognized for its fast and cost-effective solutions, including unmanned aerial drone systems, hypersonic vehicles, and propulsion systems [4] - KTOS has experienced a stock price increase of 27.3% over the past three months, significantly outperforming the industry average growth of 1.7% [10] Group 2: Hypersonic Market Growth - The global hypersonic market is projected to grow at a compound annual growth rate (CAGR) of 8.9% from 2024 to 2034, driven by rising military conflicts and the need for enhanced national security [3][2] - Increased investments in hypersonic glide vehicles, cruise missiles, and spaceplanes are expected to support this growth [2] Group 3: Other Defense Companies - RTX Corporation (RTX) is focusing on advanced offensive and defensive systems with a long-term earnings growth rate of 10.3% and a projected 5.4% sales growth in 2025 [6][7] - Lockheed Martin Corporation (LMT) has over six decades of experience in hypersonic technology, with a long-term earnings growth rate of 4.4% and a 4.1% sales growth forecast for 2025 [8] - Northrop Grumman Corporation (NOC) has been involved in hypersonic technology for over eight decades, with a long-term earnings growth rate of 19% and a 3.4% sales growth estimate for 2025 [9]
Kratos Welcomes Ranking Member Adam Smith to Glen Burnie, Maryland Facility
GlobeNewswire· 2025-01-14 13:00
Representative Smith Briefed on Kratos Erinyes, Dark Fury, Zeus and Other Kratos Hypersonic SystemsSAN DIEGO, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets, recently welcomed House Armed Services Ranking Member Adam Smith (D-WA-9) to Kratos Defense & Rocket Support Services (DRSS) in Glen Burnie, Maryland. The visit provided an opportunity to showcase Kratos’ latest achievements in advanci ...
Kratos Receives New Hypersonic System Program Award with Total Potential Value of Approximately $100 Million
Newsfilter· 2025-01-13 13:00
SAN DIEGO, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a technology company in Defense, National Security and Global Markets, announced today that it has recently received an approximate $100 million total potential value hypersonic system program award. Approximately $15 million of funding has been received by Kratos at contract award, with significant increased funding expected in the second half of Kratos fiscal year 2025. Under the new program contract awar ...
Kratos: A Jet Drone Specialist With Tailwind From Elon Musk
Seeking Alpha· 2025-01-09 14:44
Aerospace and Defense Industry Analysis - Kratos Defense & Security Solutions Inc (KTOS) stock upgraded to buy in September 2023, resulting in a stock price surge of more than 95% [1] - The Aerospace Forum focuses on discovering investment opportunities in the aerospace, defense, and airline industry, leveraging data-informed analysis [1] - The industry is characterized by significant growth prospects and complex developments that require expert analysis to understand their impact on investment theses [1] Investment Research Service - The Aerospace Forum is the top aerospace, defense, and airline investment research service on Seeking Alpha, offering access to evoX Data Analytics, an in-house developed data analytics platform [1] - The service provides direct access to data analytics monitors, enhancing the ability to make informed investment decisions [1]
Kratos: Solid Market Trends, New Contracts And High Institution Ownership Justify Buying
Seeking Alpha· 2025-01-09 12:53
I am an experienced financial analyst and a former writer for Fade The Market on Seeking Alpha, with a passion for numbers and a knack for unraveling complex financial data. Armed with a strong financial modeling and data analysis background, I thrive on providing accurate insights and recommendations to drive informed financial decisions. I possess a keen eye for detail and possess a solid understanding of market trends and economic indicators. My expertise lies in evaluating investment opportunities, asse ...
Kratos Awarded $48 Million Contract for Geolocation Global Support Services
GlobeNewswire· 2025-01-08 13:00
SAN DIEGO, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in the defense, national security and global markets, announced that it was awarded a Geolocation Global Support Services (GGSS) contract in the amount of $48 million. Kratos will provide support services to Space Forces Space electromagnetic interference managers and supporting elements with EMI resolution services. Work will be performed in Colorado Springs, Colorado, and is expected ...