Kratos defense president sells shares worth $367,376

SAN DIEGO—Steven S. Fendley, President of the U.S. Division at Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), sold 10,000 shares of the company’s common stock on May 30, 2025. The shares were sold at a weighted average price of $36.7377, resulting in a total transaction value of approximately $367,376.

The sale was conducted as an open market transaction in accordance with the issuer’s trading policies. Following this transaction, Fendley retains ownership of 367,502 shares, which includes approximately 2,375 shares held through the company’s 401(k) plan. The shares were sold in multiple transactions with prices ranging from $36.55 to $36.91. InvestingPro data shows KTOS has maintained strong momentum with a 36% gain over the past six months. Investors seeking deeper insights can access 15+ additional ProTips and comprehensive valuation metrics through the Pro Research Report, available exclusively on InvestingPro.

In other recent news, Kratos Defense & Security Solutions reported a strong performance for the first quarter of 2025, surpassing revenue expectations with $302.6 million against an estimated range of $285 million to $295 million. The company’s adjusted EBITDA also exceeded projections, reaching $26.7 million. Kratos shareholders have ratified the appointment of Deloitte & Touche LLP as the independent auditor for the fiscal year ending December 28, 2025. In the latest developments, analysts from Baird and RBC Capital Markets have shown interest in Kratos’ hypersonic and drone segments, highlighting the company’s strategic positioning in these areas.

The company anticipates continued growth driven by its hypersonic franchise, with expectations of a 10% organic revenue growth for the remainder of 2025. Kratos is also involved in significant projects like the Golden Dome and has been making strides in its microwave electronics and propulsion systems. The firm reported organic revenue growth in its Unmanned Systems and KGS segments, with increases of 6.2% and 7.8%, respectively. Investors were informed that Kratos’ opportunity pipeline stands at approximately $12.6 billion, indicating a robust future outlook. Additionally, the company has been focusing on expanding its manufacturing capabilities to meet anticipated customer demands.

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