Kratos Defense (KTOS) Secures Contract from Northrop Grumman (NOC) to Support U.S. Air Force Ground Based Strategic Deterrent Program

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Kratos Defense (KTOS) Secures $16.5M Contract for Electronic Warfare System Production

February 28, 2020 8:02 AM EST

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) announced today that it has received an approximate $16.5 million single award contract for microwave electronics products in support of an airborne electronic warfare system. This contract award is the initial production award for what is expected... More

Kratos Defense (KTOS) Secures $11.5M Contract to Build Advanced Space Radio Monitoring System to Assure Satellite Spectrum

February 27, 2020 9:02 AM EST

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) announced today that it was awarded an $11.5 million contract to build an advanced space radio monitoring system for a government customer. The system will incorporate Kratos technologies and integrated products to help the country regulate and protect the satellite spectrum.

As part of the multi-million dollar project, Kratos is responsible for the turnkey design, installation and... More

Jefferies Upgrades Kratos Defense & Security (KTOS) to Buy

February 26, 2020 6:15 AM EST

Jefferies analyst Sheila Kahyaoglu upgraded Kratos Defense & Security (NASDAQ: KTOS) from Hold to Buy.

For an analyst ratings summary and ratings history on Kratos Defense & Security click here. For more ratings news on Kratos Defense & Security click here.

Shares of Kratos Defense & Security closed at $15.00 yesterday.

... More

Pre-Open Stock Movers 2/25: (MNK) (LL) (MRNA) Higher (TUP) (PANW) (SHAK) Lower (more...)

February 25, 2020 9:21 AM EST

Today's Pre-Open Stock Movers

Mallinckrodt Plc (NYSE: MNK) 38.2% HIGHER; its specialty generic unit will file for bankruptcy protection as it agreed to settle opioid-related cases globally by paying $1.6 billion over eight years.

Tupperware Brands (NYSE: TUP)... More

Kratos Defense & Security (KTOS) PT Lowered to $24 at B.Riley/FBR

February 25, 2020 9:18 AM EST

B.Riley/FBR analyst Mike Crawford lowered the price target on Kratos Defense & Security (NASDAQ: KTOS) to $24.00 (from $26.00) while maintaining a Buy rating.... More

Kratos Defense & Security (KTOS) PT Lowered to $17 at SunTrust

February 25, 2020 7:18 AM EST

SunTrust lowered its price target on Kratos Defense & Security (NASDAQ: KTOS) to $17.00 (from $19.00) while maintaining a Hold rating.... More

After-Hours Stock Movers 02/24: (MRNA) (MMSI) (NLS) Higher; (PANW) (EVER) (SHAK) Lower (more...)

February 24, 2020 5:57 PM EST

Today's After-Hours Stock Movers

Moderna (NASDAQ: MRNA) 14.7% HIGHER; shipped the first batch of its coronavirus vaccine to U.S. government researchers who will launch the first human tests, according to Dow Jones.

Palo Alto Networks (NYSE: PANW) 14.2% LOWER; reported Q2 EPS of $1.19, $0.07 better than the analyst estimate of $1.12. Revenue for the quarter came in at $816.7 million versus the consensus estimate of $843.26 million. Palo Alto Networks sees Q3 2020 EPS of $0.96-$0.98, versus the consensus of $1.25. Palo Alto Networks... More

Kratos Defense (KTOS) Misses Q4 EPS by 1c, Revenues Miss; Offers Q1 Revenue Guidance Below Consensus

February 24, 2020 4:03 PM EST

Kratos Defense (NASDAQ: KTOS) reported Q4 EPS of $0.09, $0.01 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $185.1 million versus the consensus estimate of $197.34 million.

Eric DeMarco, Kratos President and CEO, said, Over the past few months, Kratos Unmanned Systems business made important progress, including the successful initial flight of the Gremlin UAS, the fourth successful flight of the Valkyrie and tactical UAS system payload integration, missionizing and operational planning now underway. Though the three-month Continuing Resolution Authorization (CRA) that began the 2020 fiscal year, along with the now addressed Valkyrie recovery system... More