Kratos Defense & Security Solutions

Kratos has received a contract valued at more than $20 million to deliver mobile satellite communications gateways to a defense customer in Asia. Deliveries will include truck‑mounted, transportable Trifold antennas in a mobile SATCOM hub with shelter, baseband platforms, and monitoring software (Compass, Monics). The contract strengthens Kratos’s presence in the Asia‑Pacific region and complements the company’s portfolio in ground‑based satellite systems and C5ISR solutions. » More on de.investing.com

A Valkyrie drone from Kratos demonstrated successful electronic warfare capabilities and beyond-visual-line-of-sight (BVLOS) control during U.S. Marine Corps tests in Southern California. Control was handed off from a Kratos ground station to a man‑machine interface developed by Autonodyne, allowing a Marine operator to pilot the aircraft via a data link; the drone flew alongside several F-35s and an F/A-18. Kratos says it will build more than 150 Group-5 UAVs this year and is scaling production to about 40 Valkyrie per year; together with Northrop Grumman the company is working on a MUX TACAIR prototype expected to be completed in summer 2026. » More on de.investing.com

Kratos reported adjusted EPS of $0.21 and revenue of $458.8 million for Q2 2026, both well above consensus estimates. Organic revenue growth was 19.1%; the company raised its 2026 guidance for organic revenue growth from 15–20% to 19–23% and expects further growth particularly in hypersonics, engines and unmanned systems. Management points to a $15 billion bid pipeline and $1.99 billion in bookings over the past 12 months, while investments to scale production led to negative operating and free cash flow. » More on de.investing.com