Welcome to our dedicated page for Kratos Defense & Sec Solutions news (Ticker: KTOS), a resource for investors and traders seeking the latest updates and insights on Kratos Defense & Sec Solutions stock.
Kratos Defense & Security Solutions, Inc. develops and fields technology, products, systems and software for defense, national security and global markets. News about KTOS commonly covers contract awards and program activity across Kratos Government Solutions and Unmanned Systems, including space ground systems, missile warning and tracking support, defense rocket systems, turbine technologies, microwave products and tactical unmanned aircraft.
Company updates also address financial results, bookings and guidance; production and test milestones for systems such as Firejet and Oriole; hypersonic materials-test infrastructure under Project Helios; completed acquisitions; and board or governance changes.
Kratos Defense (Nasdaq: KTOS) has received a contract from the U.S. Army Combat Capabilities Development Command (DEVCOM) C5ISR Center to develop an Enhanced Seeker for the Javelin Close Combat Missile System. Kratos will design, build and test a next-generation infrared seeker intended to address obsolescence in the current Javelin guidance section and improve weapon lethality over the next decade.
According to Kratos, development work will take place at its Advanced Manufacturing Center in Birmingham, Alabama, with testing at U.S. Army facilities. The company highlights its decades of missile seeker development experience and vertically integrated manufacturing as enablers for delivering production‑ready hardware. Kratos also states the contract directly supports the Secretary of War's priority to strengthen the U.S. munitions industrial base.
Kratos Defense (NASDAQ: KTOS) reported Q2 2026 revenues of $458.8 million, up 30.5% year over year and 19.1% organically, with GAAP net income of $4.4 million ($0.02 per share), an operating loss of $1.6 million, and Adjusted EBITDA of $38.2 million.
Government Solutions revenues rose to $379.7 million (36.4% total, 22.0% organic growth), while Unmanned Systems reached $79.1 million (8.1% organic growth), driven in part by Valkyrie activity. Consolidated Q2 bookings were $492.2 million, with a book‑to‑bill of 1.1 and total backlog of $2.084 billion; the bid pipeline was $15.0 billion.
Kratos raised full‑year 2026 revenue guidance to $1.75–$1.81 billion with forecast organic growth of about 18–23% versus 2025 and Adjusted EBITDA of $173–$176 million. Guidance includes heavy 2026 investments totaling $250–$275 million, capital expenditures of $125–$135 million, and expected free cash flow use of $85–$105 million.
Resecurity, a U.S.-based cyber threat intelligence and digital risk management firm, has joined the Space Information Sharing and Analysis Center (Space ISAC) as a member. The collaboration focuses on expanding information sharing, enhancing threat intelligence, and strengthening collective defense for critical space infrastructure.
According to Resecurity and Space ISAC, the partnership will support cyber resilience across the global space ecosystem through joint analysis, training, operational collaboration, and exchange of actionable threat intelligence. Resecurity contributes capabilities such as external attack surface monitoring, digital risk management, fraud prevention, dark web intelligence, and adversary infrastructure tracking to help protect terrestrial and space-based assets.
Elroy Air announced that, under a U.S. Army contract, it has equipped its Chaparral autonomous heavy‑cargo drone with three unattended delivery modes: precision airdrop from hover, precision airdrop in forward flight, and ground delivery, all without personnel or infrastructure at the delivery site.
In a July 15, 2026 demo, Chaparral released a 68‑pound payload from hover and a 70‑pound payload from 65 feet in forward flight using pre‑programmed coordinates. These modes will be available on production Chaparral aircraft to be manufactured by Kratos Defense & Security Solutions (Nasdaq: KTOS) in Sacramento. Elroy Air also recently entered a definitive Business Combination Agreement with Columbus Circle Capital Corp II (Nasdaq: CMII), to be renamed Inflection Point Acquisition Corp VII (Nasdaq: IPXG), backed by Cohen & Company (NYSE American: COHN), through which Elroy Air is expected to become publicly traded.
Kratos Defense (Nasdaq: KTOS) has completed construction of its $50 million Indiana Payload Integration Facility (IPIF) for hypersonic systems in Crane, Indiana, ahead of schedule. The specialized 68,000-square-foot facility is designed for rapid, affordable manufacturing, integration and testing of experimental hypersonic payloads.
The IPIF is fully equipped to support up to six experimental payloads simultaneously for critical hypersonic vehicles, including programs like the Multi-Service Advanced Capabilities Hypersonic Testbed (MACH-TB). According to Kratos, the facility is a key element in its expected hypersonic franchise growth trajectory and is projected to create over 100 high-tech jobs with estimated average annual wages above $80,000.
Kratos Defense & Security Solutions (Nasdaq: KTOS) reported it has successfully developed, tested and delivered advanced turbomachinery supporting Lockheed Martin’s advanced ramjet propulsion system for a next-generation missile.
The compact, high‑performance, self‑regulating turbomachinery harnesses ram air energy and is designed to offer size and weight advantages over alternative approaches, supporting performance and affordability goals. Kratos completed a standalone test campaign to verify operating points, durability and performance before integration. According to Kratos, this validation supported broader propulsion testing that showed the missile’s core propulsion is ready to advance toward flight testing and near‑term fielding plans, witnessed by Lockheed Martin and the U.S. Army Aviation and Missile Center. Kratos highlighted ongoing internal investment in turbomachinery technology and infrastructure as part of its long‑term strategic initiatives.
Kratos Defense & Security Solutions (NASDAQ: KTOS) will release its second quarter 2026 financial results after the market closes on Tuesday, August 4. Management will review operations and results on a conference call at 2:00 p.m. Pacific (5:00 p.m. Eastern), accessible via the company’s website with registration-based dial-in details and a replay available online.
Kratos Defense & Security Solutions (Nasdaq: KTOS) announced a sole-source, single-award Indefinite Delivery/Indefinite Quantity (IDIQ) contract of approximately $156 million from the U.S. Department of Energy’s NNSA Office of Secure Transportation (OST) in support of Project Solar Shield.
Under the contract, Kratos will provide mobile Counter-Unmanned Aircraft System (C-UAS) platforms to help protect OST’s ground and air transportation of nuclear weapons, components and special nuclear materials. According to Kratos, its engineer-to-order approach integrates C-UAS, mobile platform design, command-and-control and power management into a modular, scalable solution. Kratos was chosen after a rigorous technical evaluation. Work will be performed at secure Kratos facilities and is expected to begin immediately, with no additional details disclosed for security reasons.
Kratos Defense (NASDAQ: KTOS) will manufacture Elroy Air's Chaparral autonomous cargo aircraft at its expanded Sacramento, California facility, transitioning from strategic partner to production execution. Kratos will be the exclusive U.S. manufacturer for Chaparral and will fulfill all U.S. customer orders, with first production aircraft planned for late 2026.
Chaparral is a hybrid-electric VTOL cargo aircraft designed to carry more than 500 pounds over up to 450 miles without traditional airport infrastructure, targeting commercial middle-mile logistics and military resupply. According to Elroy Air, the platform has a demand pipeline exceeding 1,400 aircraft, representing over $5 billion in potential revenue opportunities.
Kratos expects to increase its Sacramento-area high-tech workforce from more than 450 to over 500 employees as Chaparral production ramps, expanding roles in aircraft assembly, composites, engineering and program management, and further strengthening its unmanned systems manufacturing footprint serving both commercial and defense customers.
Kratos Defense & Security Solutions (Nasdaq: KTOS) has opened a new 167,000-square-foot advanced manufacturing facility in York, Pennsylvania, expanding its state operations to three sites with more than 440 employees. The company also plans over $7 million of new state-of-the-art equipment purchases to increase production capacity.
According to Kratos, its Pennsylvania operations engineer, manufacture and test mission-critical, military-grade hardware for high-priority air defense, missile, radar, hypersonic and counter-unmanned aircraft system (C-UAS) programs, including directed energy weapons, missile transporters, mobile launchers and strategic system radar platforms.