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Kratos Defense & Security Solutions Inc - KTOS STOCK NEWS

Welcome to our dedicated news page for Kratos Defense & Security Solutions (Ticker: KTOS), a resource for investors and traders seeking the latest updates and insights on Kratos Defense & Security Solutions.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kratos Defense & Security Solutions's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kratos Defense & Security Solutions's position in the market.

Rhea-AI Summary
Kratos Defense & Security Solutions, Inc. has appointed retired Army Col. Brad Boyd and recently retired long-time equity fund Portfolio Manager Dan Hagen to its Board of Directors. The company also announced the retirements of Samuel Liberatore and Jane Judd from the Board. Boyd brings expertise in automation and autonomy in warfare, while Hagen has significant financial acumen. Kratos aims to further its momentum as a leading technology provider in areas such as unmanned aerial drone systems, space and satellite communications, cyber warfare, and AI-enabled operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.9%
Tags
management
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Rhea-AI Summary
Kratos Defense & Security Solutions announced that the Marine Corps XQ-58A Valkyrie, a low-cost tactical unmanned air vehicle, successfully completed its first test flight. The flight marks a key milestone in the Marine Corps' PAACK-P program and will inform future requirements for the Marine Air-Ground Task Force Unmanned Aerial System Expeditionary Tactical Aircraft. The XQ-58A has six planned test flights to evaluate its capabilities for intelligence, surveillance, and reconnaissance missions, autonomous electronic support, and manned-unmanned teaming. Kratos' Valkyrie provides extreme flexibility for Department of Defense customers and falls within the attritable cost class.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.9%
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none
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Rhea-AI Summary
Kratos Defense & Security Solutions, Inc. reported its Q3 2023 financial results, with revenues of $274.6 million, reflecting 20.1% organic growth compared to Q3 2022. The company's book-to-bill ratio was 1.0 to 1.0 for the quarter. Kratos' Government Solutions Segment saw organic revenue growth of 22.0%, while the Unmanned Systems Segment had 13.4% organic revenue growth. The company's net loss for Q3 2023 was $1.6 million, compared to a net loss of $8.0 million in Q3 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.9%
Tags
earnings
Rhea-AI Summary
Kratos Defense & Security Solutions, Inc. will publish financial results for Q3 2023 on November 2nd and discuss operations and financial results in a conference call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.06%
Tags
earnings
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Rhea-AI Summary
Kratos Defense & Security Solutions awarded contract for aviation trainers by the Australian Defence Force
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.69%
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none
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Rhea-AI Summary
Kratos Defense & Security Solutions announces OpenSpace Platform as the first virtualized satellite ground system to achieve MEF 3.0 Carrier Ethernet certification
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.68%
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none
Rhea-AI Summary
KTOS: Hypersonix and Kratos Defense & Security Solutions announced an Exclusive Teaming Agreement to provide the Hypersonix DART AE Hypersonic System within the U.S. market, integrated with Kratos’ Zeus family of solid rocket motors. The DART AE is a high temperature alloy, hydrogen-fueled, scramjet technology driven, autonomous hypersonic platform. Hypersonix aims to expand its presence in the U.S. and promote the sale of the DART AE system within the U.S. Department of Defense and other U.S. National Security markets. Kratos has agreed to initially procure up to 20 DART AE systems from Hypersonix. The partnership focuses on providing a first-to-market capability to test and demonstrate important hypersonic capabilities for U.S. Industry, the DoD, and National Security.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.95%
Tags
none
-
Rhea-AI Summary
Kratos Defense & Security Solutions announces display of tactical and target unmanned jet drones at upcoming air show
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.04%
Tags
none
-
Rhea-AI Summary
Kratos Defense & Security Solutions, Inc. (KTOS) reported second quarter 2023 revenues of $256.9 million, a 14.6% increase over the same period in 2022. The company affirmed its full year 2023 financial forecast, with a consolidated book to bill ratio of 1.1 to 1.0.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.04%
Tags
earnings
Rhea-AI Summary
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) to release Q2 2023 financial results on August 3rd and host a conference call. Register for the call on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.14%
Tags
earnings
Kratos Defense & Security Solutions Inc

Nasdaq:KTOS

KTOS Rankings

KTOS Stock Data

2.74B
126.81M
1.83%
79.11%
1.73%
Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing
Manufacturing
Link
US
San Diego

About KTOS

kratos defense & security solutions, inc. (nasdaq:ktos) is a specialized national security technology business providing mission critical products, services and solutions for united states national security priorities. kratos’ core capabilities are sophisticated engineering, manufacturing and system integration offerings for national security platforms and programs. areas of expertise include c5isr, satellite communication systems, electronic warfare, unmanned systems, missile defense, cyber warfare, cybersecurity, information assurance and critical infrastructure security. kratos has primarily an engineering and technically-oriented work force of approximately 3,900.