Kratos Defense & Sec Solutions SEC Filings

Kratos Defense & Security Solutions executive Stacey G. Rock, President of the KTT Division, sold a total of 4,000 shares of common stock in open-market transactions on February 26, 2026. The sales were executed at reported prices ranging from about $87.04 to $92.04 per share.

The transactions were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on June 16, 2025. After these sales, Rock directly holds 22,566 shares, including 2,013 shares purchased through the employee stock purchase plan and approximately 6,693 shares held in the company 401(k) plan.

Kratos Defense & Security Solutions director Scot B. Jarvis reported an open-market sale of 5,000 shares of common stock on February 26, 2026 at a weighted average price of $88.0038 per share. After this transaction, he held 90,417 shares directly.

The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 15, 2025. The reported price reflects multiple trades, with individual prices ranging from $88.00 to $88.15 per share.

Kratos is offering 14,285,714 shares of common stock at $84.00 per share. The prospectus supplement dated February 26, 2026 states the public offering price of $84.00, underwriting discounts of $1.89 per share and expected net proceeds to Kratos of approximately $1,172,999,976.54 before expenses. The underwriters have a 30-day option to purchase up to an additional 2,142,857 shares.

Shares outstanding are shown as 170,329,158 as of February 24, 2026, and the filing projects 184,614,872 shares outstanding after the offering (or 186,757,729 if the option is exercised in full). The offering is being sold on Nasdaq under the symbol KTOS with settlement expected on or about March 2, 2026.

Kratos Defense & Security Solutions is offering $1,000,000,000 of its common stock in a primary shelf offering, with an underwriter option to purchase up to an additional $150,000,000 of shares. The prospectus tie‑ins include use of proceeds for capital expenditures, product development, balance sheet strengthening, funding recent and pending acquisitions (including Nomad and the proposed Orbit acquisition), and general corporate purposes.

The company reports a last reported Nasdaq sale price of $88.23 per share on February 25, 2026, and states 170,329,158 shares outstanding as of February 24, 2026. The offering assumes no exercise of the underwriter option and discloses reserved equity pools of 3,651,008 shares under employee plans and 5,317,146 shares issuable upon RSU vesting as of that date.

Kratos Defense & Security Solutions is offering $1,000,000,000 of its common stock in a primary shelf offering, with an underwriter option to purchase up to an additional $150,000,000 of shares. The prospectus tie‑ins include use of proceeds for capital expenditures, product development, balance sheet strengthening, funding recent and pending acquisitions (including Nomad and the proposed Orbit acquisition), and general corporate purposes.

The company reports a last reported Nasdaq sale price of $88.23 per share on February 25, 2026, and states 170,329,158 shares outstanding as of February 24, 2026. The offering assumes no exercise of the underwriter option and discloses reserved equity pools of 3,651,008 shares under employee plans and 5,317,146 shares issuable upon RSU vesting as of that date.

Kratos Defense & Security Solutions is offering $1,000,000,000 of its common stock in a primary shelf offering, with an underwriter option to purchase up to an additional $150,000,000 of shares. The prospectus tie‑ins include use of proceeds for capital expenditures, product development, balance sheet strengthening, funding recent and pending acquisitions (including Nomad and the proposed Orbit acquisition), and general corporate purposes.

The company reports a last reported Nasdaq sale price of $88.23 per share on February 25, 2026, and states 170,329,158 shares outstanding as of February 24, 2026. The offering assumes no exercise of the underwriter option and discloses reserved equity pools of 3,651,008 shares under employee plans and 5,317,146 shares issuable upon RSU vesting as of that date.

Kratos Defense & Security Solutions, Inc. files a shelf registration statement to permit the offering of various securities under a Form S-3. The prospectus registers common stock, preferred stock, debt securities, warrants, rights and units for issuance from time to time "from time to time after the effective date of this Registration Statement."

The prospectus discloses 170,329,158 shares of common stock issued and outstanding as of February 20, 2026 and that 5,000,000 shares of preferred stock are authorized with none outstanding as of February 26, 2026. The document states net proceeds usage will be for general corporate purposes and working capital; proceeds from selling security holders will not be received by the company.

Kratos Defense & Security Solutions, Inc. files a shelf registration statement to permit the offering of various securities under a Form S-3. The prospectus registers common stock, preferred stock, debt securities, warrants, rights and units for issuance from time to time "from time to time after the effective date of this Registration Statement."

The prospectus discloses 170,329,158 shares of common stock issued and outstanding as of February 20, 2026 and that 5,000,000 shares of preferred stock are authorized with none outstanding as of February 26, 2026. The document states net proceeds usage will be for general corporate purposes and working capital; proceeds from selling security holders will not be received by the company.

Kratos Defense & Security Solutions, Inc. files a shelf registration statement to permit the offering of various securities under a Form S-3. The prospectus registers common stock, preferred stock, debt securities, warrants, rights and units for issuance from time to time "from time to time after the effective date of this Registration Statement."

The prospectus discloses 170,329,158 shares of common stock issued and outstanding as of February 20, 2026 and that 5,000,000 shares of preferred stock are authorized with none outstanding as of February 26, 2026. The document states net proceeds usage will be for general corporate purposes and working capital; proceeds from selling security holders will not be received by the company.

Kratos Defense & Security Solutions executive sells shares under trading plan. Steven S. Fendley, President of the US Division, sold a total of 7,000 shares of common stock in open-market transactions on February 23, 2026. The sales were executed at weighted average prices of approximately $92.41 for 5,700 shares and $93.24 for 1,300 shares, with individual trades occurring within disclosed price ranges.

The transactions were carried out pursuant to a Rule 10b5-1 trading plan adopted on May 12, 2025. Following these sales, Fendley directly owned 334,648 shares of Kratos common stock, including approximately 2,302 shares held through the company’s 401(k) plan.

Kratos Defense & Security Solutions describes itself as a technology and hardware company focused on affordable, high‑performance systems for defense, national security and select commercial markets. Core areas include jet‑powered unmanned aircraft, hypersonic vehicles and rockets, satellite ground systems, microwave electronics, C5ISR, engines and training systems.

The company reports record opportunity levels and a growing contract base, with total backlog of $1,573.4 million as of December 28, 2025, including $1,232.0 million funded. About 68% of 2025 revenue came from U.S. Government customers. Recent wins include a Mach TB 2.0 hypersonic contract with an estimated value of $1.45 billion if all options are exercised, plus multiple sizeable awards in space, satellite and unmanned systems.

Management highlights heavy internally funded investment in unmanned systems, space and satellite, engines, rockets and hypersonics, designed to achieve “first to market” positions while emphasizing low cost and large‑quantity production. The filing also stresses significant macro risks from U.S. budget dynamics, government shutdowns, supply‑chain disruption, inflation and labor shortages that could pressure margins and growth.

Kratos Defense & Security Solutions describes itself as a technology and hardware company focused on affordable, high‑performance systems for defense, national security and select commercial markets. Core areas include jet‑powered unmanned aircraft, hypersonic vehicles and rockets, satellite ground systems, microwave electronics, C5ISR, engines and training systems.

The company reports record opportunity levels and a growing contract base, with total backlog of $1,573.4 million as of December 28, 2025, including $1,232.0 million funded. About 68% of 2025 revenue came from U.S. Government customers. Recent wins include a Mach TB 2.0 hypersonic contract with an estimated value of $1.45 billion if all options are exercised, plus multiple sizeable awards in space, satellite and unmanned systems.

Management highlights heavy internally funded investment in unmanned systems, space and satellite, engines, rockets and hypersonics, designed to achieve “first to market” positions while emphasizing low cost and large‑quantity production. The filing also stresses significant macro risks from U.S. budget dynamics, government shutdowns, supply‑chain disruption, inflation and labor shortages that could pressure margins and growth.

Kratos Defense & Security Solutions reported strong growth for the fourth quarter and full year 2025 and issued bullish 2026 guidance. Fourth quarter 2025 revenue rose to $345.1 million, up 21.9% from $283.1 million, with 20.0% organic growth and Adjusted EBITDA of $34.1 million. GAAP net income was $5.9 million, or $0.03 per share, while adjusted EPS increased to $0.18 from $0.13.

For full year 2025, revenue reached $1.347 billion, up 18.5% with 16.6% organic growth, GAAP net income was $22.0 million ($0.13 per diluted share), and Adjusted EBITDA was $119.9 million. Cash from operations was a use of $42.1 million and free cash flow used was $125.4 million, driven by heavy investment in inventory, facilities and Valkyrie production.

Backlog and demand indicators were robust, with consolidated 2025 bookings of $1.475 billion, a book-to-bill ratio of 1.1x, and year-end backlog of $1.573 billion plus a $13.7 billion bid pipeline. For fiscal 2026, Kratos forecasts revenue of $1.595–$1.675 billion, Adjusted EBITDA of $157.0–$167.0 million (about 9.9–10.0% margin), operating cash flow of $50–$60 million and capital expenditures of $135–$145 million, implying free cash flow use of $85–$95 million as it funds hypersonics, Valkyrie and other growth programs.

Kratos Defense & Security Solutions reported strong growth for the fourth quarter and full year 2025 and issued bullish 2026 guidance. Fourth quarter 2025 revenue rose to $345.1 million, up 21.9% from $283.1 million, with 20.0% organic growth and Adjusted EBITDA of $34.1 million. GAAP net income was $5.9 million, or $0.03 per share, while adjusted EPS increased to $0.18 from $0.13.

For full year 2025, revenue reached $1.347 billion, up 18.5% with 16.6% organic growth, GAAP net income was $22.0 million ($0.13 per diluted share), and Adjusted EBITDA was $119.9 million. Cash from operations was a use of $42.1 million and free cash flow used was $125.4 million, driven by heavy investment in inventory, facilities and Valkyrie production.

Backlog and demand indicators were robust, with consolidated 2025 bookings of $1.475 billion, a book-to-bill ratio of 1.1x, and year-end backlog of $1.573 billion plus a $13.7 billion bid pipeline. For fiscal 2026, Kratos forecasts revenue of $1.595–$1.675 billion, Adjusted EBITDA of $157.0–$167.0 million (about 9.9–10.0% margin), operating cash flow of $50–$60 million and capital expenditures of $135–$145 million, implying free cash flow use of $85–$95 million as it funds hypersonics, Valkyrie and other growth programs.

Steven S. Fendley filed a Form 144 reporting a proposed sale of 7,000 shares of common stock. The filing lists prior share grants of 5,000 and 2,000 shares awarded on 01/04/2025 and 01/03/2025, respectively. It also records recent reported sales of 7,000 shares on 11/24/2025 for $487,366.42, 7,000 shares on 12/29/2025 for $535,962.04, and 7,000 shares on 02/23/2026 for $755,824.02.

Steven S. Fendley filed a Form 144 reporting a proposed sale of 7,000 shares of common stock. The filing lists prior share grants of 5,000 and 2,000 shares awarded on 01/04/2025 and 01/03/2025, respectively. It also records recent reported sales of 7,000 shares on 11/24/2025 for $487,366.42, 7,000 shares on 12/29/2025 for $535,962.04, and 7,000 shares on 02/23/2026 for $755,824.02.