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 ...

Kratos Defense & Security Solutions, Inc. (KTOS) recently announced that its Unmanned Systems division has secured a modification contract involving its BQM-177A aerial target drones. The award has been provided by the U.S. Navy.The contract is valued at $57.7 million. Per the terms of the deal, Kratos will manufacture and supply 70 BQM-177A Surface Launched Aerial Targets and 70 Rocket-Assisted Takeoff attachment kits. The company is also responsible for providing related technical and administrative data ...

SAN DIEGO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a technology company in Defense, National Security and Global Markets, is pleased to congratulate Stuart Daughtridge, Kratos VP of Advanced Technology, on being named a finalist for Via Satellite's 2023 Satellite Executive of the Year Award. Nominees are chosen based on their contributions to the global satellite markets, technologies, business practices, services, innovations, advocacy or any combination t ...

SAN DIEGO, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. ("Kratos") (NASDAQ:KTOS), a Technology Company in the Defense, National Security and Global Markets, today announced that it intends to offer for sale $300,000,000 of shares of its common stock in an underwritten offering pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (the "SEC"). The underwriters will have a 30-day option to purchase up to an additional $45,000,000 ...

Kratos Defense & Security Kratos Defense & Security KTOS $20.32 $0.452.17%18% IBD Stock Analysis Retreats back below 21.42 buy point. Could form a handle. Composite Rating 91/99 Industry Group Ranking 35/197 Emerging Pattern CupCupA cup-shaped pattern with no handle. Must be at least six weeks long or as long as a year. Buy point is 10 cents above the left-side high. Kratos Defense & Security Solutions is the  IBD Stock of The Day for Tuesday. KTOS stock is working toward an entry as shares trade near the ...

shaunl Investment Thesis Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) shares have performed impressively over the last year, gaining more than 74% and outperforming the S&P 500 by a margin of more than 53%. Seeking Alpha Despite this solid performance, I am bullish on the stock due to its strong financial performance, competitive advantage, and diverse portfolio. From a technical standpoint, the company is in a strong upward momentum and my price target is $32.82. Financial Performance Considerin ...

Shares of Kratos Defense & Security Solutions, Inc. (KTOS) surged a solid 17% to reach $20.82 on Feb 15, reflecting investors’ optimism following the company’s latest report.KTOS reported fourth-quarter 2023 adjusted earnings of 12 cents per share, up 50% from 8 cents reported in the prior-year quarter. The bottom line also surpassed the Zacks Consensus Estimate of 8 cents by 50%.Kratos Defense reported GAAP earnings of 2 cents per share against a loss of 7 cents per share in the fourth quarter of 2022.For ...

As mentioned earlier, cash flow was positively impacted by favorable customer payment milestone receipts, in our turbine technologies, unmanned systems, and space and satellite businesses, which more than offset the shift, in previously expected payment milestones, in our training solutions and C5ISR businesses. Our contract mix for the fourth quarter of '23 was 71% of revenues, generated from fixed price contracts, 24% of our revenues generated from cost plus type contracts, and 5% of revenues generated fr ...

For the quarter ended December 2023, Kratos (KTOS) reported revenue of $273.8 million, up 9.8% over the same period last year. EPS came in at $0.12, compared to $0.08 in the year-ago quarter.The reported revenue represents a surprise of +8.63% over the Zacks Consensus Estimate of $252.05 million. With the consensus EPS estimate being $0.08, the EPS surprise was +50.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...

SAN DIEGO, Feb. 13, 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 is the single recipient for the Command and Control (C2) System Consolidated (CCS-C) Sustainment and Resiliency (C-SAR) indefinite-delivery/indefinite-quantity (IDIQ) contract with a maximum value of $579 million, if all options are exercised. The start date is December 1, 2023, with options going to May 31, 2 ...