The Latest Breaking News from Kratos

Shares of Kratos Defense Security Solutions Inc. (NASDAQ:KTOS) are trading higher Monday following an upwardly revised price target and more bullish outlook from Benchmark.

Rocket Lab announced that it was selected for a major Department of Defense hypersonic test flight under the $1.45 billion MACH-TB 2.0 program.

Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) has secured a contract to build a state-of-the-art C-band Geostationary Orbit (GSO) Satellite Spectrum Monitoring Facility. Financial terms were not disclosed. Kratos is implementing this solution for Japan's Ministry of Internal Affairs and Communications (MIC) as part of a collaborative effort with Japan's main satellite operator,…

Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) has teamed with the Minn-Dak Farmers Cooperative (MDFC) to launch self-driving trucks, easing the truck driver shortage burden using Kratos Autonomous Systems. MDFC is a farmer-owned sugarbeet cooperative headquartered in Wahpeton, North Dakota. The collaboration combines Kratos' unmanned system technologies with Minn-Dak's agriculture and transportation expertise.…

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) has secured a contract to provide an advanced spectrum monitoring system for OneWeb to monitor, analyze, and assess the used spectrum to provide a high quality of service for its fleet of Low Earth Orbit (LEO) constellations. Financial terms not disclosed. The system will monitor the…

Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) has received an ~$50 million contract value increase for an existing Command, Control, Communications, Computing, Combat System and Intelligence, Surveillance and Reconnaissance (C5ISR) Program.  Under this Program, Kratos provides specialized products, hardware, engineering, and other services and deliverables.  Work under this program is performed at secure…

Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) has received ~$14 million in contract awards for logistics support, spares, consumables, and support needed to address the demand for its customer drone system operations. The company did not disclose any additional information citing customer-related, competitive, security, and other considerations. "These awards signal that with the…

Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) and Kymeta entered a strategic partnership to jointly develop products and solutions that will enable modern, virtualized ground systems to better leverage the capabilities of the next-generation mobile satellite antennas. Deal terms not disclosed. Kymeta is a privately held satellite communications company based in Redmond, Washington. The…

Berenberg analyst Christopher Rieger initiated coverage of four U.S. aerospace and defense company stocks.