Kratos Defense is trading at $56.00 (8% up) following a strong second-quarter earnings report and an upward revision to its 2026 financial targets.
- Revenue grew over 30% year-over-year, driven by the Kratos Government Solutions segment and a strategic pivot toward affordable mass production.
- The company reported a record $2.08 billion backlog and raised its full-year revenue outlook, benefiting from a broader rally in defense sector stocks.