Kratos Defense is trading 11.6% up today at $57.89 following a strong Q2 earnings report featuring 30.5% revenue growth to $458.8 million and a record $2.08 billion backlog.
- The company nearly doubled its adjusted EPS and raised its full-year 2026 revenue guidance to a range of $1.75–$1.81 billion.
- Management outlined a strategic pivot toward affordable mass production, fueling bullish sentiment across the defense sector.