Kratos Defense (KTOS) to Offer $200M in Common Stock

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Kratos Defense & Security Solutions, Inc. Announces Proposed Public Offering of Common Stock

June 17, 2020 4:00 PM EDT

SAN DIEGO, June 17, 2020 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Kratos) (Nasdaq: KTOS), a leading National Security Solutions provider, today announced that it intends to offer for sale $200,000,000 of shares of its common stock in an underwritten offering pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (the SEC). The underwriters will have a 30-day option to purchase up to an additional $30,000,000 of shares of common stock from Kratos. All of the shares in the offering are to be sold by Kratos.

Kratos expects to... More