Exhibit 99.1 Press Contact: Yolanda White 858-812-7302 Direct Investor Information: 877-934-4687 investor@kratosdefense.com Kratos Reports Second Quarter 2024 Financial Results Second Quarter 2024 Revenues of $300.1 Million Increased 16.8 Percent over Second Quarter 2023 Revenues of $256.9 Million, including 16.7 Percent Organic Growth Second Quarter 2024 Unmanned Systems Revenues of $85.8 Million Increased 64.7 Percent over Second Quarter 2023 Revenues of $52.1 Million, including 61.8 Percent Organic Growt ...

Investors interested in Aerospace stocks should always be looking to find the best-performing companies in the group. Is Kratos (KTOS) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Aerospace sector should help us answer this question. Within the past quarter, the Zacks Consensus Estimate for KTOS' full-year earnings has moved 14.5% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend. To break t ...

FARNBOROUGH, United Kingdom, July 22, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in Defense, National Security and Global Markets, today announced that GE Aerospace (NYSE:GE) and Kratos Turbine Technologies, a division of Kratos Defense & Security Solutions, Inc., signed a Memorandum of Understanding to partner on the development and production of small affordable engines that could potentially power unmanned aerial systems (UAS), collaborative co ...

For those looking to find strong Aerospace stocks, it is prudent to search for companies in the group that are outperforming their peers. Kratos (KTOS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Aerospace peers, we might be able to answer that question. The Zacks Rank is a proven model that highlights a variety of stocks with the right c ...

SAN DIEGO, July 02, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in Defense, National Security and Global Markets, today announced the successful demonstration of the second of three Valkyrie launch methods: the Kratos Trolley Launch System (KTLS). The KTLS enables the Valkyrie to take off from traditional runways or straight roads, without requiring Rocket Assist Take Off (RATO) or other acceleration producing devices. The KTLS is unpowered with ta ...

SAN DIEGO, June 27, 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 Business Unit, a part of Kratos' Defense & Rocket Support Systems (DRSS) Division, supported the Missile Defense Agency (MDA) and the Naval Surface Warfare Center (NSWC), in the successful launch and flight of the Kratos Erinyes™ Hypersonic Test Bed, on June 12, 2024, from the ...

SAN DIEGO, June 24, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a technology company in Defense, National Security and Global Markets, today announced the addition of Claire Burghoff to its corporate team as the Vice President of Government Affairs & Corporate Communications. In this role, Claire will lead corporate communications for Kratos and will support the company's strategic initiatives in government affairs, leveraging her extensive experience and ability to mar ...

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A month has gone by since the last earnings report for Kratos (KTOS) . Shares have added about 7.4% 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. Kratos Defense Q1 Earnings Top, Revenues Rise Y/Y Kratos Def ...

In another potential scenario, a massive war in the Mideast could cause oil prices to leap to $150 per barrel or more, causing the U.S. to enter a recession. And finally, a large terrorist attack against the U.S. certainly can't be ruled out, especially because many terrorists may have entered America across its southern border. Additionally, America's involvement in the Israel-Hamas War makes a terrorist attack more likely. While "economic mayhem" is far from being my base case scenario, I can envision a f ...