Why Kratos Defense & Security Stock Is Gaining Altitude Today

The first quarter was strong, and a long-awaited drone order could be on the horizon.Kratos Defense & Security Solutions (KTOS 5.74%) delivered better-than-expected results in the first quarter and provided positive updates about some of its most important drone programs. Investors are climbing on board, sending Kratos shares up 5% as of 2:30 p.m. ET on Wednesday.A drone leader in a dangerous worldKratos is a defense contractor focused on electronics and unmanned aerial vehicles (UAVs). The company earned $ ...