NasdaqGS:KTOSAerospace & Defense
Kratos Defense (KTOS) Is Down 7.8% After Jefferies Highlights US$14 Billion Opportunity Pipeline - What's Changed
In recent days, Kratos Defense & Security Solutions reported first-quarter 2026 results that exceeded estimates, raised its full-year 2026 revenue outlook to US$1.70–US$1.76 billion, and highlighted a sharply larger backlog supported by new defense contracts across missiles, drones, and advanced communications.
Jefferies’ upgrade to a Buy rating, citing a US$14.00 billion opportunity pipeline and momentum in programs like Prometheus, hypersonics, and Valkyrie, underscores how far-reaching...