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KTOS News and Press, Kratos Defense & Security Solutions Inc. From 06/01/22

Stock Information

Company Name: Kratos Defense & Security Solutions Inc.
Stock Symbol: KTOS
Market: NASDAQ
Website: kratosdefense.com

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KTOS - Kratos Defense & Security (KTOS) - Intelsat Award for OpenSpace Platform

Award. Kratos' OpenSpace Platform has been selected by Intelsat as a key component to unify the operations of its ground and space systems in its next generation network, which will combine the latest in space, ground and cloud technologies to deliver robust, dynamic and flexible services. Thi...

KTOS - Walmart's drone delivery plans set off visions of revenue boom for industry

ARK Invest weighed in on Walmart's (WMT) announced plans to offer drone delivery to 4M households across six states by the end of the year to create the largest drone delivery operation in the United States. Analyst Tasha Keeney noted with FAA-certified pilots part of Walmart's plan, the reta...

KTOS - Intelsat Selects Kratos' OpenSpace Satellite Ground Platform as Part of Its Next Generation Network

SAN DIEGO, May 31, 2022 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that its OpenSpace™ Platform has been selected by Intelsat, operator of the world’s largest satellite servi...

KTOS - Kratos upgraded at Truist in strong defense demand environment

Kratos Defense & Security (NASDAQ:KTOS) +7.2% in Thursday's trading after Truist Securities upgraded shares to Buy from Hold with a $20 price target, up from $15, citing a more favorable view of the outlook for defense spending in both the U.S. and globally due to Russia's invasion o...

KTOS - Digital Interoperability Standards for Space Networks Accelerate as Five More New Members Join the Digital IF Interoperability Consortium (DIFI)

PISCATAWAY, N.J., May 24, 2022 (GLOBE NEWSWIRE) -- The Digital IF Interoperability Consortium (DIFI), the independent space industry group formed to advance interoperability in satellite and ground system networks, today announced the addition of five more new members, from across industry ...

KTOS - Kratos acquires engineering division of Southern Research for ~$80M

Kratos Defense & Security Solutions (NASDAQ:KTOS) has acquired the engineering division of Southern Research in Birmingham, Alabama for $75M in cash and $5M in common shares. The acquisition strengthens Kratos' capabilities in hypersonic, ballistic missile, space and intelligence surveill...

KTOS - Kratos Acquires Southern Research Engineering Division Adding Unique Capabilities in Hypersonic, Ballistic Missile, Space and ISR Areas

SAN DIEGO, May 24, 2022 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that it has acquired the Birmingham, Alabama based Engineering Division of Southern Research for approximately $80 millio...

KTOS - Baron Opportunity Fund Q1 2022 Shareholder Letter

Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron Opportunity Fund (the “Fund”) fell sharply and significantly lagged the broader market during the fir...

KTOS - Kratos Defense gains on speculation could become activist target

Kratos Defense & Security Solutions (NASDAQ:KTOS) rose 3.1% as traders circulated a report from last Tuesday that the drone maker could become a target for an activist holder. Kratos is listed in the 97th percentile of companies that are most likely to face activism over th...

KTOS - Kratos Defense, Minn-Dak Farmers Cooperative Partner to Deploy Self-Driving Trucks to Address Workforce Challenges and Improve the Supply Chain

SAN DIEGO, May 19, 2022 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that it has teamed with the Minn-Dak Farmers Cooperative (MDFC) to launch self-driving trucks, easing the truck driver sh...

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