Kratos Defense & Sec Solutions Stock Price, News & Analysis

Kratos (NASDAQ: KTOS) marks 25 years since the first flight of its commercially developed Oriole solid rocket motor, first launched in 2000 from NASA Wallops. Oriole has a 100% success rate across 80 missions and production has exceeded 100 units. Oriole has served as second/third stage across nine launch configurations, completed >40 Navy ballistic-missile-target missions, supported NASA sounding-rocket science, and delivered 10 hypersonic tests. Kratos developed a Thrust Vector Control in 2012 and recently negotiated a 60-motor contract with deliveries over the next three years.

Kratos (Nasdaq: KTOS) was awarded a single‑award Phase 1 contract to develop an organic sustainment capability for the U.S. Navy's AN/SPY-1 radar family, with a projected initial program ceiling of $175 million across multiple phases. Central to the effort is a Kratos-owned 155,000-square-foot Indiana Radar Integration Complex (IRIC) near NSWC Crane, expected to be operational in 2027. Phase 1 covers facility foundation, initial repair/overhaul processes for transmitters, signal processors and antennas, prototype sustainment technologies, and digital/AI-enabled data management. The work will be executed in phased milestones with coordination among NSWC Crane, PEO Integrated Warfare Systems, and fleet stakeholders.

Kratos Defense & Security Solutions (NASDAQ: KTOS) has achieved a significant milestone by completing the Preliminary Design Review (PDR) for the Space Development Agency's Advanced Fire Control Ground Integration (AFCGI) system with zero liens. The company, which secured a $116.7 million prime contract for AFCGI in 2024, completed the review in April 2025, just five months after the award.

The AFCGI program integrates advanced software, resilient ground systems, and secure networks into a unified architecture for real-time fire control. Through its OpenSpace® platform, Kratos will deliver and manage ground segment resources, operate a demonstration center, and run a secure cloud environment for mission software integration.

Kratos Defense & Security Solutions (NASDAQ: KTOS) will showcase its advanced unmanned aerial systems at the Marine Corps Air Station Miramar Air Show from September 26-28, 2025. The exhibition will feature the company's latest weapons-configured XQ-58 Valkyrie, UTAP-22 Mako, Tactical Firejet, and BQM-177 target system.

The display will highlight Kratos' tactical family of unmanned jet drones designed for military operations, including strike, ISR, RF, and communications. Visitors can also explore the Spartan Line of turbojet engines and the Elroy Air's Chaparral, a hybrid-electric VTOL cargo drone capable of transporting 300 pounds of cargo over 300 miles, for which Kratos serves as the exclusive U.S. manufacturer.

Kratos Defense (NASDAQ:KTOS) and GE Aerospace (NYSE:GE) have initiated altitude testing of their GEK800 small engine at Purdue University's Maurice J. Zucrow Laboratories. The 800-lb jet engine is designed for next-generation unmanned aerial systems (UAS), collaborative combat aircraft (CCAs), and missiles.

The testing will evaluate engine performance at altitudes between 5,000-35,000 feet and is expected to complete by year-end. The companies have already completed over 50 engine starts in ground testing. This collaboration, formalized in June 2025, builds upon their 2024 MOU to develop and produce cost-effective engines for unmanned platforms.

Kratos Defense & Security Solutions (NASDAQ: KTOS) has secured an exclusive five-year strategic manufacturing agreement with Elroy Air to produce the Chaparral hybrid-electric autonomous VTOL cargo drone in the United States. The Chaparral can transport up to 300 pounds of cargo over 300 miles, serving both military and commercial logistics needs.

Production will initially begin at Kratos' Sacramento facility before transitioning to high-volume manufacturing in Oklahoma City, with the first units expected in 2026. The partnership leverages Kratos' established expertise in military drone production and supply chain management, aiming to accelerate the delivery of Chaparral systems to waiting customers across defense and commercial markets.

Kratos Defense & Security Solutions (NASDAQ: KTOS) has promoted Brian Shepard to the position of Chief Information Officer (CIO). Shepard, who has been with Kratos since 2006, will oversee all information technology operations, including information security, compliance, and data communications.

With over 30 years of IT experience, Shepard previously served as Vice President of Information Technology since 2021. His background includes serving as Director of Infrastructure at Haverstick Consulting before its acquisition by Kratos, and four years of service in the U.S. Marine Corps. Shepard holds a bachelor's degree in management information systems from Marymount University.

Kratos Defense & Security Solutions (NASDAQ: KTOS) announced its upcoming addition to the S&P MidCap 400 Index, upgrading from the S&P SmallCap 600 Index. This transition reflects the company's significant growth and market recognition in unmanned systems, hypersonics, space, propulsion, and national security solutions.

The inclusion in the MidCap 400, a benchmark index for mid-sized U.S. companies, validates Kratos' financial growth and strategic direction. CEO Eric DeMarco highlighted this achievement as a testament to employee dedication and customer trust, while emphasizing the company's commitment to delivering affordable, high-performance defense systems.

Kratos Defense & Security Solutions (NASDAQ: KTOS) and the National Chung-Shan Institute of Science and Technology (NCSIST) have unveiled the Mighty Hornet IV Attack UAV, a transformed version of the MQM-178 target drone. The advanced unmanned aerial vehicle will be showcased at the Taipei Aerospace & Defense Technology Exhibition (TADTE) from September 18-20, 2025.

The Mighty Hornet IV features impressive capabilities including Mach 0.8 speed, high G maneuvering, and a service ceiling exceeding 35,000 feet. Under the partnership agreement, Kratos will market the UAV internationally. The platform has demonstrated success in Manned-Unmanned Teaming (MUM-T) and loitering munition scenarios, building on Kratos's 15-year history of providing aerial target support to Taiwan.