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SAN DIEGO—Deanna H. Lund, Executive Vice President and Chief Financial Officer of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), recently sold 6,000 shares of the company’s common stock. The sale, executed on April 1, 2025, was conducted at a weighted average price of $29.2767 per share, amounting to a total transaction value of approximately $175,660.
The shares were sold as part of a 10b5-1 trading plan that Lund adopted on September 12, 2019, and amended on August 18, 2023. Following this transaction, Lund retains ownership of 331,271 shares, which include shares acquired through the company’s Employee Stock Purchase Plan and 401(k) Plan. InvestingPro analysis shows the company maintains strong financial health with a current ratio of 2.94, indicating robust liquidity.
Kratos Defense & Security Solutions, Inc. is recognized for its work in guided missiles and space vehicles, with its headquarters located in San Diego, California.
In other recent news, Kratos Defense & Security Solutions has announced several significant developments. The company has been included in the S&P SmallCap 600 Index, a recognition of its sustained growth and market position, particularly in the defense and aerospace sectors. Additionally, Kratos has marked the beginning of construction for its Hypersonic System Indiana Payload Integration Facility, a strategic investment aimed at enhancing hypersonic capabilities with operational readiness targeted for the end of 2026. In another development, Kratos received a $3.4 million contract from the U.S. Navy for support services related to the BQM-177A Subsonic Aerial Target (NYSE:TGT) System, with the potential for the contract’s value to increase if all options are exercised. Furthermore, the company’s OpenEdge 2500 digitizer has achieved compliance with the Digital IF Interoperability standard, positioning it as one of the first two products in the satellite network equipment industry to reach this status. These recent developments underscore Kratos’ ongoing commitment to innovation and growth in the defense technology sector.
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