Market Summary
USD14.79-0.28
Market Closed-1.86%
KTOS Stock Price
KTOS RSI Chart
KTOS Valuation
KTOS Price/Sales (Trailing)
KTOS Profitability
KTOS Fundamentals
KTOS Revenue
KTOS Earnings
Price Action
52 Week Range
8.9017.31
(Low)(High)
Last 7 days
4.8%
Last 30 days
-7.0%
Last 90 days
6.5%
Trailing 12 Months
48.3%
KTOS Financial Health
KTOS Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for KTOS
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-15 | Mendoza Marie | sold | -14,760 | 14.76 | -1,000 | svp & general counsel |
2023-09-15 | Carrai Phillip D | sold | -66,338 | 14.7419 | -4,500 | president, stc division |
2023-08-23 | Goodwin Benjamin M. | sold | -54,741 | 15.6403 | -3,500 | svp corp. dev. & gov. affairs |
2023-08-17 | Fendley Steven S. | sold | -153,880 | 15.388 | -10,000 | president, us division |
2023-08-15 | Mendoza Marie | sold | -15,960 | 15.96 | -1,000 | svp & general counsel |
2023-08-15 | Carrai Phillip D | sold | -71,550 | 15.9 | -4,500 | president, stc division |
2023-08-11 | Rock Stacey G | sold | -101,155 | 16.3867 | -6,173 | president, ktt division |
2023-08-09 | Adelman Jonah | sold | -1,105,270 | 16.4965 | -67,000 | president, me division |
2023-08-09 | Carrai Phillip D | sold | -76,930 | 17.0957 | -4,500 | president, stc division |
2023-08-08 | Judd Jane Elizabeth | sold | -120,343 | 17.1918 | -7,000 | - |
Which funds bought or sold KTOS recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-20 | BARCLAYS PLC | reduced | -23.75 | -160,000 | 686,000 | -% |
2023-09-12 | Farther Finance Advisors, LLC | new | - | 574 | 574 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -13.86 | -76,606 | 839,499 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -2.22 | 84,919 | 2,196,370 | -% |
2023-08-18 | Legato Capital Management LLC | added | 108 | 1,098,680 | 2,001,030 | 0.27% |
2023-08-16 | GTS SECURITIES LLC | new | - | 362,228 | 362,228 | 0.01% |
2023-08-16 | Nuveen Asset Management, LLC | reduced | -13.34 | -2,947,740 | 34,798,300 | 0.01% |
2023-08-15 | WELLS FARGO & COMPANY/MN | added | 188 | 1,577,060 | 2,340,350 | -% |
2023-08-15 | Waverly Advisors, LLC | reduced | -2.45 | 12,798 | 352,305 | 0.01% |
2023-08-15 | Jaffetilchin Investment Partners, LLC | added | 66.18 | 238,204 | 548,433 | 0.06% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Kratos Defense and Security Solutions
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 10, 2023 | ark investment management llc | 6.15% | 7,748,357 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 9.34% | 11,760,539 | SC 13G/A | |
| Jan 25, 2023 | blackrock inc. | 8.7% | 10,915,778 | SC 13G/A | |
| Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
| Feb 09, 2022 | ark investment management llc | 7.33% | 9,091,960 | SC 13G | |
| Feb 03, 2022 | blackrock inc. | 7.5% | 9,278,833 | SC 13G/A | |
| Feb 16, 2021 | state street corp | 3.49% | 4,289,402 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 7.03% | 8,634,979 | SC 13G/A | |
| Feb 08, 2021 | fmr llc | - | 0 | SC 13G/A | |
| Jan 29, 2021 | blackrock inc. | 7.8% | 9,516,043 | SC 13G/A |
Recent SEC filings of Kratos Defense and Security Solutions
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 15, 2023 | 144 | Notice of Insider Sale Intent | |
| Sep 15, 2023 | 144 | Notice of Insider Sale Intent | |
| Sep 15, 2023 | 4 | Insider Trading | |
| Sep 15, 2023 | 4 | Insider Trading | |
| Aug 25, 2023 | 4 | Insider Trading | |
| Aug 23, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 18, 2023 | 4 | Insider Trading | |
| Aug 17, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 17, 2023 | 4 | Insider Trading | |
| Aug 17, 2023 | 4 | Insider Trading |
Peers (Alternatives to Kratos Defense and Security Solutions)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
LMT | 128.3B | 67.4B | -9.01% | 5.57% | 22.39 | 1.94 | 5.03% | 50.05% |
BA | 123.5B | 73.6B | -15.92% | 55.13% | -29.91 | 1.75 | 21.18% | 15.27% |
NOC | 66.9B | 37.9B | 1.52% | -5.66% | 14.4 | 1.77 | 8.36% | -18.06% |
TDG | 47.2B | 6.2B | -9.54% | 57.08% | 41.04 | 7.55 | 20.10% | 42.03% |
| MID-CAP | ||||||||
HEI | 8.8B | 2.6B | -4.92% | 11.83% | 22.17 | 3.34 | 25.29% | 16.69% |
BWXT | 6.7B | 2.3B | -1.69% | 44.91% | 29.73 | 2.86 | 7.03% | -27.80% |
AJRD | 4.7B | 2.3B | 5.36% | 34.42% | 63.16 | 2.04 | 4.08% | -52.66% |
SPR | - | 5.4B | -21.20% | -23.18% | - | - | 20.31% | -109.88% |
| SMALL-CAP | ||||||||
AIR | - | 2.1B | -5.33% | 62.56% | - | - | 15.61% | -25.58% |
KTOS | 1.9B | 966.6M | -7.03% | 48.33% | -73.98 | 1.99 | 16.09% | -1.56% |
SPCE | 596.1M | 3.9M | -31.40% | -62.42% | -1.01 | 152.88 | 14.78% | -77.24% |
KAMN | 553.1M | 758.8M | -12.14% | -29.79% | -11.27 | 0.73 | 12.62% | -255.14% |
NPK | 523.3M | 343.1M | -0.51% | 13.21% | 20.54 | 1.53 | 5.39% | 50.17% |
TGI | 531.7M | 1.4B | -20.00% | -11.53% | 6.5 | 0.39 | -3.95% | 459.45% |
Kratos Defense and Security Solutions News
Returns for KTOS
Cumulative Returns on KTOS
6.0%
10-Year Cumulative Returns
12.2%
7-Year Cumulative Returns
1%
5-Year Cumulative Returns
-8.4%
3-Year Cumulative Returns
Risks for KTOS
What is the probability of a big loss on KTOS?
89.6%
Probability that Kratos Defense and Security Solutions stock will be more than 20% underwater in next one year
61.1%
Probability that Kratos Defense and Security Solutions stock will be more than 30% underwater in next one year.
52.3%
Probability that Kratos Defense and Security Solutions stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does KTOS drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Kratos Defense and Security Solutions was unfortunately bought at previous high price.
Drawdowns
Financials for Kratos Defense and Security Solutions
Income Statement (Last 12 Months)(In Thousands)
| Income Statement (Last 12 Months) | (In Thousands) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 3.5% | 966,600 | 933,900 | 898,300 | 860,600 | 832,600 | 813,500 | 811,500 | 806,300 | 807,700 | 773,000 | 747,700 | 726,400 | 708,500 | 726,000 | 717,500 | 696,800 | 672,100 | 635,400 | 618,000 | 619,900 | 617,600 |
| Gross Profit | 2.6% | 239,600 | 233,500 | 226,000 | 226,100 | 231,800 | 226,000 | 225,100 | 217,900 | 214,400 | 208,400 | 203,200 | 197,300 | 188,800 | 190,900 | 190,000 | 187,100 | 182,600 | 173,800 | 169,700 | 171,000 | 164,100 |
| S&GA Expenses | 1.5% | 189,800 | 187,000 | 182,500 | 178,600 | 171,900 | 165,600 | 160,200 | 155,200 | 149,700 | 147,500 | 144,500 | 140,300 | 136,500 | 134,200 | 130,800 | 128,100 | 125,100 | 121,500 | 119,800 | 121,900 | 125,300 |
| R&D Expenses | 1.8% | 40,300 | 39,600 | 38,600 | 37,000 | 35,400 | 36,400 | 35,200 | 33,800 | 33,500 | 29,300 | 27,000 | 24,400 | 21,300 | 19,800 | 18,000 | 17,000 | 16,800 | 15,900 | 15,600 | 16,700 | 16,500 |
| EBITDA | -100.0% | - | 27,300 | 11,500 | - | 9,100 | 35,300 | 53,800 | - | - | 55,400 | 55,000 | 56,900 | 54,200 | 60,400 | 62,600 | 59,500 | 57,600 | 48,800 | - | - | - |
| EBITDA Margin | -100.0% | - | 0.03* | 0.01* | - | 0.01* | 0.04* | 0.07* | - | - | 0.07* | 0.07* | 0.08* | 0.08* | 0.08* | 0.09* | 0.09* | 0.09* | 0.08* | - | - | - |
| Interest Expenses | - | - | - | 13,700 | - | - | - | 19,900 | - | - | - | 19,900 | - | - | - | 19,900 | - | - | - | 20,500 | - | - |
| Earnings Before Taxes | 37.1% | -11,200 | -17,800 | -32,700 | -30,600 | -17,200 | -14,800 | 4,400 | 4,200 | 7,200 | 7,200 | 6,800 | 8,300 | 6,100 | 12,300 | 15,700 | 16,800 | 16,200 | 8,700 | 8,700 | -32,500 | -44,300 |
| EBT Margin | 100.0% | - | -0.02* | -0.04* | -0.04* | -0.02* | -0.02* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.02* | 0.02* | - | - | - | - | - | - |
| Net Income | 7.1% | -26,000 | -28,000 | -36,900 | -31,200 | -25,600 | -19,800 | -2,000 | 78,700 | 83,500 | 81,700 | 79,600 | 4,500 | 4,600 | 9,200 | 12,500 | 14,200 | 13,400 | 1,800 | -3,500 | -30,400 | -36,400 |
| Net Income Margin | 100.0% | - | -0.03* | -0.04* | -0.04* | -0.03* | -0.02* | 0.00* | 0.10* | 0.10* | 0.11* | 0.11* | 0.01* | 0.01* | 0.01* | 0.02* | - | - | - | - | - | - |
| Free Cashflow | 100.0% | - | -43,400 | -25,600 | -31,600 | -16,200 | 4,700 | 35,300 | 60,200 | 55,900 | 63,400 | 44,700 | 17,800 | 19,700 | 16,900 | 28,900 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 0.4% | 1,563 | 1,557 | 1,552 | 1,568 | 1,583 | 1,566 | 1,590 | 1,578 | 1,562 | 1,565 | 1,563 | 1,473 | 1,419 | 1,183 | 1,186 | 1,178 | 1,174 | 1,169 | 1,010 | 1,012 | 999 |
| Current Assets | -0.1% | 588 | 588 | 583 | 601 | 624 | 688 | 758 | 773 | 769 | 769 | 765 | 771 | 745 | 510 | 522 | 516 | 516 | 517 | 495 | 497 | 485 |
| Cash Equivalents | 3.2% | 48.00 | 47.00 | 81.00 | 125 | 142 | 254 | 349 | 370 | 369 | 384 | 382 | 375 | 397 | 159 | 173 | 181 | 176 | 178 | 183 | 188 | 183 |
| Net PPE | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 117 | 116 | 116 | 114 | 67.00 | 65.00 | 62.00 |
| Goodwill | 0% | 558 | 558 | 558 | 552 | 552 | 523 | 29.00 | 484 | 484 | 484 | 484 | 475 | 10.00 | 463 | 456 | 458 | 459 | 459 | 426 | 426 | 426 |
| Liabilities | -1.8% | 603 | 614 | 604 | 625 | 637 | 618 | 629 | 621 | 612 | 621 | 623 | 623 | 580 | 588 | 597 | 596 | 599 | 601 | 491 | 500 | 492 |
| Current Liabilities | 2.4% | 251 | 245 | 234 | - | - | - | 221 | - | - | - | 198 | - | - | - | 183 | 182 | 189 | 195 | 165 | 172 | 168 |
| LT Debt, Non Current | -7.3% | 232 | 250 | 250 | 293 | 294 | 295 | 297 | 297 | 300 | 300 | 301 | 300 | 296 | 295 | 295 | 295 | 295 | 294 | 294 | 294 | 294 |
| Shareholder's Equity | 1.5% | 946 | 931 | 936 | 935 | 938 | 932 | 945 | 942 | 936 | 929 | 925 | 835 | 825 | 580 | 574 | 567 | 560 | 553 | 519 | 512 | 507 |
| Retained Earnings | -0.4% | -681 | -678 | -671 | -663 | -655 | -650 | -634 | -631 | -629 | -630 | -632 | -710 | -712 | -712 | -712 | -715 | -717 | -721 | -724 | -729 | -730 |
| Additional Paid-In Capital | 0.9% | 1,624 | 1,610 | 1,608 | 1,602 | 1,593 | 1,582 | 1,579 | 1,572 | 1,563 | 1,558 | 1,556 | 1,545 | 1,538 | 1,293 | 1,287 | 1,283 | 1,278 | 1,275 | 1,245 | 1,242 | 1,239 |
| Shares Outstanding | 0.8% | 128 | 127 | 126 | 126 | 126 | 126 | 124 | 125 | 125 | 124 | 123 | 123 | 108 | 107 | 107 | 107 | 106 | 105 | 104 | 104 | 104 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 104.1% | 2.00 | -43.40 | -25.60 | -31.60 | -16.20 | 5.00 | 35.00 | 60.00 | 56.00 | 63.00 | 45.00 | 18.00 | 20.00 | 17.00 | 29.00 | 33.00 | 37.00 | 28.00 | 18.00 | 5.00 | -9.20 |
| Share Based Compensation | -1.2% | 26.00 | 26.00 | 26.00 | 27.00 | 26.00 | 27.00 | 26.00 | 26.00 | 24.00 | 23.00 | 21.00 | 17.00 | 15.00 | 13.00 | 11.00 | 10.00 | 9.00 | 8.00 | 7.00 | 6.00 | 7.00 |
| Cashflow From Investing | 70.4% | -34.30 | -115 | -177 | -183 | -179 | -106 | -52.10 | -55.60 | -84.50 | -81.40 | -87.30 | -75.30 | -45.80 | -42.70 | -43.70 | -40.90 | -43.80 | 26.00 | 41.00 | 39.00 | 43.00 |
| Cashflow From Financing | -30.3% | -61.90 | -47.50 | -63.30 | -21.70 | -25.10 | -21.70 | -9.30 | -9.30 | -0.20 | 242 | 248 | 249 | 244 | 4.00 | 4.00 | 3.00 | 2.00 | 2.00 | 2.00 | -89.60 | 96.00 |
| Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.00 | 4.00 | - | 5.00 | 4.00 |
KTOS Income Statement
2023-06-25CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Millions | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 25, 2023 | Jun. 26, 2022 | Jun. 25, 2023 | Jun. 26, 2022 | |
| Total revenues | $ 256.9 | $ 224.2 | $ 488.7 | $ 420.4 |
| Total costs | 193.0 | 166.4 | 365.4 | 310.7 |
| Gross profit | 63.9 | 57.8 | 123.3 | 109.7 |
| Selling, general and administrative expenses | 47.3 | 44.5 | 95.1 | 87.8 |
| Merger and acquisition expenses | 0.0 | 0.1 | 0.0 | 0.4 |
| Research and development expenses | 9.9 | 9.2 | 20.1 | 18.4 |
| Restructuring expenses and other | 0.0 | 5.9 | 0.9 | 6.2 |
| Operating income (loss) | 6.7 | (1.9) | 7.2 | (3.1) |
| Other expense: | ||||
| Interest expense, net | (5.1) | (2.9) | (10.4) | (8.8) |
| Loss on extinguishment of debt | 0.0 | 0.0 | 0.0 | (13.0) |
| Other income (loss), net | 0.2 | 0.0 | (0.1) | 0.1 |
| Total other expense, net | (4.9) | (2.9) | (10.5) | (21.7) |
| Income (loss) from continuing operations before income taxes | 1.8 | (4.8) | (3.3) | (24.8) |
| Provision (benefit) for income taxes from continuing operations | 2.4 | 0.5 | 3.1 | (3.8) |
| Loss from continuing operations | (0.6) | (5.3) | (6.4) | (21.0) |
| Discontinued operations: | ||||
| Loss from discontinued operations before income taxes | 0.0 | 0.0 | 0.0 | (0.3) |
| Income tax benefit | 0.2 | 0.9 | 0.2 | 1.0 |
| Income from discontinued operations | 0.2 | 0.9 | 0.2 | 0.7 |
| Net loss | (0.4) | (4.4) | (6.2) | (20.3) |
| Less: Net income attributable to noncontrolling interest | 2.3 | 0.3 | 3.5 | 0.3 |
| Net loss attributable to Kratos | $ (2.7) | $ (4.7) | $ (9.7) | $ (20.6) |
| Basic and diluted loss per common share attributable to Kratos: | ||||
| Loss from continuing operations (in dollars per share) | $ (0.02) | $ (0.04) | $ (0.08) | $ (0.17) |
| Loss from continuing operations (in dollars per share) | (0.02) | (0.04) | (0.08) | (0.17) |
| Income from discontinued operations (in dollars per share) | 0 | 0 | 0 | 0.01 |
| Income from discontinued operations (in dollars per share) | 0 | 0 | 0 | 0.01 |
| Loss per common share (in dollars per share) | (0.02) | (0.04) | (0.08) | (0.16) |
| Loss per common share (in dollars per share) | $ (0.02) | $ (0.04) | $ (0.08) | $ (0.16) |
| Weighted average common shares outstanding: | ||||
| Basic (in shares) | 129,100 | 126,400 | 128,900 | 126,200 |
| Diluted (in shares) | 129,100 | 126,400 | 128,900 | 126,200 |
| Service revenues | ||||
| Total revenues | $ 103.7 | $ 78.8 | $ 195.3 | $ 146.7 |
| Total costs | 80.0 | 56.2 | 148.2 | 106.1 |
| Product sales | ||||
| Total revenues | 153.2 | 145.4 | 293.4 | 273.7 |
| Total costs | $ 113.0 | $ 110.2 | $ 217.2 | $ 204.6 |
KTOS Balance Sheet
2023-06-25CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Jun. 25, 2023 | Dec. 25, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 48.2 | $ 81.3 |
| Accounts receivable, net | 115.7 | 105.7 |
| Unbilled receivables, net | 222.0 | 222.8 |
| Inventoried costs | 145.9 | 125.5 |
| Prepaid expenses | 12.8 | 11.9 |
| Other current assets | 43.2 | 35.4 |
| Total current assets | 587.8 | 582.6 |
| Property, plant and equipment, net | 218.6 | 213.1 |
| Operating lease right-of-use assets | 48.2 | 47.4 |
| Goodwill | 558.2 | 558.2 |
| Intangible assets, net | 52.2 | 55.2 |
| Other assets | 97.8 | 95.0 |
| Total assets | 1,562.8 | 1,551.5 |
| Current liabilities: | ||
| Accounts payable | 58.4 | 57.3 |
| Accrued expenses | 41.0 | 33.8 |
| Accrued compensation | 54.0 | 52.2 |
| Accrued interest | 1.5 | 1.5 |
| Billings in excess of costs and earnings on uncompleted contracts | 73.1 | 62.1 |
| Current portion of operating lease liabilities | 11.6 | 10.8 |
| Other current liabilities | 10.4 | 15.6 |
| Current liabilities of discontinued operations | 0.9 | 0.9 |
| Total current liabilities | 250.9 | 234.2 |
| Long-term debt, net of current portion | 232.1 | 250.2 |
| Operating lease liabilities, net of current portion | 41.0 | 40.8 |
| Other long-term liabilities | 77.4 | 77.4 |
| Long-term liabilities of discontinued operations | 1.1 | 1.4 |
| Total liabilities | 602.5 | 604.0 |
| Commitments and contingencies (Note 14) | ||
| Redeemable noncontrolling interest | 14.7 | 11.2 |
| Stockholders’ equity: | ||
| Preferred stock, $0.001 par value, 5,000,000 shares authorized, 0 shares outstanding at June 25, 2023 and December 25, 2022 | 0.0 | 0.0 |
| Common stock, $0.001 par value, 195,000,000 shares authorized; 127,641,905 and 125,985,306 shares issued and outstanding at June 25, 2023 and December 25, 2022, respectively | 0.0 | 0.0 |
| Additional paid-in capital | 1,623.7 | 1,608.4 |
| Accumulated other comprehensive income (loss) | 2.9 | (0.8) |
| Accumulated deficit | (681.0) | (671.3) |
| Total stockholders’ equity | 945.6 | 936.3 |
| Total liabilities and stockholders’ equity | $ 1,562.8 | $ 1,551.5 |
Kratos Defense & Security Solutions, Inc. operates as a government contractor of the U.S. Department of Defense. The company operates through two segments, Kratos Government Solutions and Unmanned Systems. The Kratos Government Solutions segment offers microwave electronic products, space and satellite communications, training and cybersecurity/ warfare, C5ISR/ modular systems, turbine technologies, and defense and rocket support services. The Unmanned Systems segment provides unmanned aerial systems, and unmanned ground and seaborne systems. It serves national security related agencies, the department of defense, intelligence agencies, and classified agencies, as well as international government agencies and domestic and international commercial customers. Kratos Defense & Security Solutions, Inc. was incorporated in 1994 and is headquartered in San Diego, California.