Kratos Defense & Sec Solutions Stock Price, News & Analysis

Kratos Defense & Security Solutions (NASDAQ:KTOS) reported strong Q2 2025 financial results with revenues of $351.5 million, representing a 17.1% growth and 15.2% organic growth compared to Q2 2024. The company posted net income of $2.9 million and adjusted EBITDA of $28.3 million.

Key highlights include a consolidated book-to-bill ratio of 0.7 to 1.0 for Q2 2025 and 1.2 to 1.0 for the last twelve months, with total bookings of $1.401 billion. The company's bid pipeline reached $13.0 billion, up from $12.6 billion in Q1. Kratos increased its 2025 full-year revenue guidance to $1,290-$1,310 million and adjusted EBITDA guidance to $114-$120 million.

Management announced a potential new $750 million prime contract (Project Poseidon) expected by year-end, and highlighted significant growth opportunities in hypersonic systems, small jet engines, and military hardware sectors.

Kratos Defense & Security Solutions (NASDAQ:KTOS) and hiSky have announced a strategic partnership to integrate hiSky's satellite network services with Kratos' OpenSpace® software-defined ground system. The collaboration aims to deliver Industrial Internet of Things (IoT) capabilities through cloud-enabled network architecture.

The partnership comes as the global IoT market is projected to grow from $277 billion in 2024 to $606 billion by 2030. The integration will virtualize hiSky's hub within the OpenSpace platform, enabling cloud-based operations that eliminate the need for on-site hardware and reduce operational costs while increasing scalability.

Kratos Defense & Security Solutions (NASDAQ:KTOS) has scheduled its second quarter 2025 earnings conference call for Thursday, August 7th, 2025. The company will release its financial results after market close, followed by a management discussion at 2:00 p.m. Pacific (5:00 p.m. Eastern).

Interested participants can register for the call through an online form and will receive dial-in details and a unique PIN upon registration. The call will be accessible via the company's website at www.kratosdefense.com, with a replay available for those unable to attend the live broadcast.

Kratos Defense & Security Solutions (NASDAQ: KTOS) has partnered with Champion Tire & Wheel to launch the first-ever automated truck platoon for NASCAR logistics support at the Brickyard 400. The deployment features two tractor-trailers equipped with Goodyear commercial truck tires, operating along the I-70 corridor between Ohio and Indiana.

The innovative system consists of a human-driven lead truck paired with an automated follower, utilizing advanced Vehicle-to-Vehicle (V2V) communications and automated control systems. This technology, originally developed for defense applications, demonstrates Kratos' ability to adapt military innovations for commercial use in logistics, agriculture, energy, and mining sectors.

Kratos Defense & Security Solutions (NASDAQ: KTOS) and Intelsat have successfully demonstrated an end-to-end 5G-NTN (Non-Terrestrial Network) network integration. The demonstration combined Kratos' OpenSpace® software-defined satellite ground system with Intelsat's space and ground network, including its cloud-native virtualized 5G core.

The over-the-air testing validated the integration using Intelsat's Galaxy 19 Ku-band GEO satellite, with multiple User Equipment emulators successfully establishing connections within the 5G-NTN cell. This milestone represents a significant step toward extending terrestrial 5G networks with satellite technology, enabling ubiquitous broadband services regardless of location.

Kratos Defense & Security Solutions (NASDAQ: KTOS) has successfully completed a public offering of common stock, raising $575 million in gross proceeds. The offering was priced at $38.50 per share, resulting in the issuance of 14,935,065 shares, including the underwriters' additional share purchase option.

After deducting underwriting discounts, commissions, and related fees, the net proceeds amount to approximately $556 million. The company plans to use these funds to scale operations for National Security programs, finance strategic acquisitions, and for general corporate purposes including debt reduction.

According to CEO Eric DeMarco, the capital raise positions Kratos to capitalize on opportunities in the global recapitalization of advanced strategic weapon systems, with significant new opportunities expected over the next 12 months.

Kratos Defense & Security Solutions (NASDAQ: KTOS) has announced the pricing of a public offering of 12,987,013 shares of common stock at $38.50 per share. The company expects to raise net proceeds of approximately $483.75 million after underwriting discounts and commissions.

The offering includes a 30-day option for underwriters to purchase up to an additional 1,948,052 shares. The proceeds will fund investments in National Security programs, finance strategic acquisitions, and support general corporate purposes including debt reduction. The offering, managed by Baird, RBC Capital Markets, Truist Securities, and Raymond James as joint book-runners, is expected to close on June 27, 2025.

Kratos Defense & Security Solutions (NASDAQ: KTOS) has announced a proposed public offering of $500 million worth of common stock, with underwriters having a 30-day option to purchase an additional $75 million in shares. The offering will be conducted through an underwritten offering pursuant to an effective shelf registration statement.

The net proceeds will be used to fund investments and capital expenditures for National Security programs, finance strategic acquisitions, and for general corporate purposes including debt reduction. Baird, RBC Capital Markets, Truist Securities, and Raymond James are serving as joint book-running managers for the offering.

Kratos Defense & Security Solutions (NASDAQ: KTOS) announced plans to open a new advanced manufacturing facility in Bristow, Oklahoma for producing GEK turbojet engines. The 50,000-square-foot facility, situated on 20 acres, will initially focus on the GEK800 engine and is expected to double in size to accommodate up to five production lines with an annual output of 500 engines. The facility will feature three small engine test cells and create 60 initial high-quality jobs, with each additional production line adding approximately 45 new positions. Operations are scheduled to begin in mid-2026 and reach full capacity by Q4 2026, with test cells becoming operational in 2027. The facility will support engine thrust classes from 600 to 6000 pounds, primarily serving defense customers' propulsion needs for cruise missiles and CCA-type aircraft.