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David M. Carter, President of the DRSS Division at Kratos Defense & Security Solutions (NASDAQ:KTOS), sold 4,000 shares of common stock on October 7, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales were executed at prices ranging from $101.118 to $104.69, resulting in a total transaction value of $411231.
The transactions were executed under a pre-arranged 10b5-1 trading plan adopted on June 13, 2025. Following the sale, Carter directly owns 93809 shares of Kratos Defense & Security Solutions. This amount includes 12,200 shares purchased through the company’s Employee Stock Purchase Plan and 4,165 shares held through a retirement account.
In other recent news, Kratos Defense & Security Solutions reported several key developments that could interest investors. The company has secured a $175 million contract for the U.S. Navy’s AN/SPY-1 radar systems, which will support cruisers and destroyers expected to be in service through 2065. Additionally, Kratos has completed the Preliminary Design Review for the Space Development Agency’s Advanced Fire Control Ground Integration system, advancing the program’s timeline. Analyst activity around Kratos has been notable, with Canaccord Genuity raising its price target to $120 while maintaining a Buy rating. Conversely, B.Riley downgraded the stock to Neutral, citing concerns over valuation, but still raised the price target to $105. Citizens JMP also increased its price target to $105, maintaining a Market Outperform rating after recent discussions with Kratos personnel. These developments reflect a mix of strategic contract wins and varied analyst perspectives on the company’s valuation.
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