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Kratos Defense & Sec Solutions (KTOS) Stock News

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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.

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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.

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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.

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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.

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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.

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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.

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Kratos Defense (Nasdaq: KTOS) announced it has recently received approximately $400 million in funding from the Department of War for certain hypersonic system and other national security programs. The company describes itself as an industry leader in hypersonic systems, flight vehicles and solid rocket motors.

According to Kratos, funding that began in June and increased into July is expected to accelerate its organic growth rate, boost operating cash receipts, and lower customer receivables and inventory levels. Work on these hypersonic programs will be performed at secure Kratos facilities and government locations, with no further details disclosed due to security and competitive reasons.

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Kratos (NASDAQ: KTOS) announced it has received an approximate $100 million sole source prime contract for production of a ground-based modular space domain awareness system. The system, recently developed, tested and demonstrated, will now transition into production.

According to Kratos, work under the award will be performed at its secure production and integration facilities. Management highlighted the program’s potential importance to the company’s DRSS business and positioned Kratos’ products as aligned with the ongoing recapitalization of U.S. strategic space and defense systems.

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Kratos (Nasdaq: KTOS) is expanding its Oklahoma City manufacturing campus by over 100,000 square feet to boost production of its jet-powered drone systems, including Valkyrie, Firejet/Mighty Hornet IV and other platforms.

The expanded facility is intended to increase output beyond the current ~165 drones per year for U.S. and allied customers.

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Kratos (Nasdaq:KTOS) received an approximate $36 million sole-source contract for a new air defense missile system. The award supports a critical national security program and will be executed at a secure Kratos facility, reflecting rising demand for its air defense hardware in the United States and internationally.

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Kratos (Nasdaq: KTOS) completed a cross-country autonomous tractor-trailer platooning deployment, hauling critical NASCAR Anduril 250 race equipment from Charlotte, North Carolina to Naval Base Coronado. The multi-state mission used a human-driven lead truck and an autonomous follower, supervised by a safety rider.

The deployment, conducted with Champion Tire & Wheel, builds on Kratos’ 2025 Brickyard 400 pilot and now supports revenue-generating commercial logistics, advancing its dual-use autonomy strategy for both commercial freight and defense logistics.

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FAQ

What is the current stock price of Kratos Defense & Sec Solutions (KTOS)?

The current stock price of Kratos Defense & Sec Solutions (KTOS) is $57.17 as of August 22, 2026.

What is the market cap of Kratos Defense & Sec Solutions (KTOS)?

The market cap of Kratos Defense & Sec Solutions (KTOS) is approximately 10.7B.