NasdaqGS:KTOSAerospace & Defense
Kratos Defense & Security Solutions (NasdaqGS:KTOS) Raises US$500 Million Through Equity Offering
Kratos Defense & Security Solutions (NasdaqGS:KTOS) recently completed a $500 million follow-on equity offering, a move that underscores its focus on growth and capital raising. This event coincided with a 34% share price increase over the last quarter, contrasting with the broader market's 12% rise over the past year. The expansion plans for a new manufacturing facility and strategic alliances with GE Aerospace likely supported this growth, reinforcing investor confidence. Although earnings...