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SAN DIEGO—Bobbi Doorenbos, a director at Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), executed a notable transaction involving the company’s common stock. According to a recent SEC filing, Doorenbos sold 5,000 shares on May 22, 2025, at an average price of $35.0036 per share, amounting to a total of $175,018.
Prior to this sale, on May 21, 2025, Doorenbos acquired 10,000 shares of common stock through the conversion of restricted stock units, which were granted and reported earlier. This acquisition was at no cost, as each restricted stock unit represents a contingent right to receive one share of the company’s common stock. Following these transactions, Doorenbos directly holds 5,000 shares of Kratos Defense & Security Solutions.
Kratos Defense & Security Solutions, based in San Diego, is a provider of technology solutions in the defense and security sectors.
In other recent news, Kratos Defense & Security Solutions reported its first quarter 2025 earnings, revealing a revenue of $302.6 million, which surpassed the anticipated range of $285 million to $295 million. The company also exceeded expectations with an adjusted EBITDA of $26.7 million. Shareholders approved all board nominees and ratified Deloitte & Touche LLP as the independent auditor for the fiscal year ending December 28, 2025. Additionally, Kratos highlighted progress in its hypersonic and drone segments, with significant revenue growth in the Unmanned Systems and KGS segments at 6.2% and 7.8%, respectively.
In other developments, Kratos’ shareholders supported the compensation of named executive officers, reflecting confidence in the company’s strategic direction. During the earnings call, Kratos outlined expectations for a 10% organic revenue growth for the remainder of 2025, with projections rising to 13-15% for 2026. The company emphasized the importance of its hypersonic franchise as a primary growth driver, supported by a robust opportunity pipeline valued at $12.6 billion. The company also discussed the move of its Israeli microwave production operation, which is expected to position the business for continued strong organic growth.
Analyst firms such as Baird and RBC Capital Markets participated in the earnings call, seeking insights into Kratos’ strategic initiatives and market opportunities. The company remains focused on expanding its manufacturing and production facilities to meet existing and anticipated customer orders and requirements. Kratos’ ongoing investments in hypersonic and drone technologies indicate a strong commitment to future growth.
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