Why Kratos Defense Stock Just Popped
Source: Motley Fool
2026-02-18 10:30:20 ET
Kratos Defense & Security (NASDAQ: KTOS) stock jumped 6.5% through 10 a.m. ET Wednesday after announcing a pair of contract wins this morning.
The first contract, worth "multi-million" dollars, hires Kratos to supply Airbus Defence & Space (OTC: EADSY) with a ground system for controlling its OmanSat-1 software-defined satellite.
The second will see Kratos support testing and evaluation of thermal protection systems for hypersonic vehicles for the U.S. Department of Defense.
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