SAN DIEGO, April 17, 2025 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a technology company in the defense, national security and global markets, announced today that it has received an approximate $30 million Sole Source Air Defense System Hardware Production award.  Kratos is an industry leading designer, engineer and manufacturer of military grade hardware, at quantity, in support of United States air defense, hypersonic, propulsion, high-performance jet drones and other m ...

Industry Overview - The global unmanned aerial system (UAS) military drones market is experiencing steady growth, driven by rising global defense budgets and geopolitical tensions [1] - Nations are investing in advanced UAS to enhance defense and security capabilities, particularly in regions like Asia-Pacific, the Middle East, and Eastern Europe [1] - Military drones are becoming integral to modern defense strategies, supporting surveillance, intelligence, and tactical operations [1] North America Market Leadership - North America, led by the United States, dominates the military drone market due to significant investments in advanced military technologies and a strong defense budget [2] - The U.S. military is the largest operator of drones, focusing on developing state-of-the-art systems for various missions, including surveillance and combat [2] - Key industry players in the U.S. include General Atomics and Northrop Grumman, which contribute to the technological edge of U.S. military drones [2] Draganfly Inc. Developments - Draganfly Inc. has entered a multi-year agreement with SafeLane Global to provide landmine mapping drones and aerial survey services [2][4] - The partnership aims to enhance the speed, accuracy, and safety of explosive threat detection and removal operations in high-risk environments [4][7] - Draganfly's technology will support humanitarian and defense efforts, particularly in mine-affected regions like Ukraine [5][6] Unusual Machines, Inc. Performance - Unusual Machines reported over $2.0 million in revenue for Q4 2024, marking a 31% quarter-over-quarter increase and the best revenue quarter to date [9] - The total revenue for FY2024 reached $5.65 million, exceeding the target of $5 million by 13% [9] - The company achieved this growth without customer concentration, with no single customer representing more than 5% of total revenue [9] Kratos Defense & Security Solutions Initiatives - Kratos announced the groundbreaking of its Hypersonic System Indiana Payload Integration Facility, a 68,000-square-foot complex to support hypersonic vehicle activities [10] - This facility aims to enhance the U.S. hypersonic infrastructure and accelerate testing capabilities for advanced hypersonic technologies [11] General Dynamics Information Technology Collaboration - General Dynamics Information Technology has expanded its partnership with Amazon Web Services to drive digital modernization and advance government missions [13][14] - The collaboration will focus on developing cybersecurity, artificial intelligence, and cloud migration solutions for defense and intelligence agencies [14]

It has been about a month since the last earnings report for Kratos (KTOS) . Shares have added about 19.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Kratos due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Moving Since Then?It turns out, ...

SAN DIEGO, March 24, 2025 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a Technology Company in the Defense, National Security and Global Markets, announced today that it has been added to the S&P SmallCap 600 Index. This milestone reflects Kratos' continued growth, strong market position, and strategic investments in critical national security capabilities. The S&P SmallCap 600 Index includes companies that meet specific criteria for financial stability, performance, and mark ...

SAN DIEGO, March 24, 2025 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in the Defense, National Security and Global Markets, announced today that it has been added to the S&P SmallCap 600 Index. This milestone reflects Kratos’ continued growth, strong market position, and strategic investments in critical national security capabilities. The S&P SmallCap 600 Index includes companies that meet specific criteria for financial stability, performance, and mar ...

Core Viewpoint - Kratos Defense & Security Solutions, Inc. has announced the groundbreaking of its Hypersonic System Indiana Payload Integration Facility (IPIF) in Crane, Indiana, which will enhance hypersonic vehicle and payload activities for the Multi-Service Advanced Capabilities Hypersonic Testbed (MACH-TB) program [1][4]. Group 1: Facility Details - The IPIF will be a 68,000-square-foot complex designed for rapid and affordable preparation of experimental payloads, with an investment exceeding $50 million [2][3]. - The facility is expected to create over 100 high-tech jobs with an average annual wage of over $80,000, and is projected to be operational by the end of 2026 [2][3]. Group 2: Strategic Importance - The establishment of the IPIF represents a strategic investment in the U.S. hypersonic infrastructure, aimed at increasing the cadence of flight tests and maturing advanced hypersonic technologies [4][5]. - The facility will serve as a key hub for defense innovation, supporting integration activities with government and industry partners [5][6]. Group 3: Economic and Regional Impact - Indiana's Governor highlighted the investment's role in creating high-paying jobs and strengthening the state's position in national security and advanced defense technology [4][5]. - Local leaders emphasized the importance of collaboration in supporting regional economic growth and technological advancement through the establishment of the facility [7][6]. Group 4: Company Positioning - Kratos is positioned as a leader in hypersonic and advanced technology development, recently selected as the prime contractor for the MACH-TB 2.0 program [7]. - The company is recognized for delivering both propulsion and flyer systems, including various hypersonic technologies, and aims to provide affordable, high-performance solutions to meet military needs [7][10].

SAN DIEGO, March 17, 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 was awarded $3,399,506 from the U.S. Navy for the base year of its next Contractor Logistics Support and Engineering Services contract supporting BQM-177A aerial target system operations. BQM-177A Subsonic Aerial Tar ...

Group 1: Contract Details - Kratos Defense & Security Solutions, Inc. (KTOS) secured a contract with Corvid Technologies for the Short/Medium Range Sub-Orbital Vehicle (SSOV) II program, awarded by the Naval Surface Warfare Center [1][2] - The contract involves the design, manufacture, and delivery of suborbital vehicles, including ground test hardware, specialized test equipment, materials, and engineering and launch support services [2] - The potential value of the contract could exceed $50 million if options are exercised, serving the United States, Australia, and the United Kingdom [3] Group 2: Market Growth Prospects - The global space launch services market is projected to grow from $18.26 billion in 2024 to $41.31 billion by 2030, at a compound annual growth rate of 14.6% [4] - Factors driving this growth include rapid technological advancements, increasing demand for satellite deployment, and rising investments in space infrastructure [4] Group 3: Company Positioning - Kratos Defense specializes in advanced space launch and missile defense solutions, providing suborbital and orbital launch systems, including hypersonic payload launch vehicles and ballistic missile targets [5] - The company has a proven track record with over 100 successful vehicle launches, supporting critical national security missions with cost-effective solutions [5] Group 4: Industry Peers - Northrop Grumman Corporation is a key player in the aerospace and defense sector, benefiting from the growing demand for space launch services through its innovations in rocket technology and satellite deployment [6] - United Launch Alliance (ULA), a joint venture between Boeing and Lockheed Martin, has been a premier launch services provider in the U.S. since 2006, successfully delivering over 155 missions and placing more than $70 billion of satellite assets into orbit [7][8]

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, in ...

Kratos OpenEdge 2500 digitizer reaches important milestone in advancing satellite network equipment interoperabilitySAN DIEGO, March 10, 2025 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in Defense, National Security and Global Markets, announced today that its OpenEdge 2500 integration-ready digitizer, part of its OpenSpace® family of dynamic ground system products, has achieved official DIFI compliance, one of the first two products in the industry to ...