Kratos Defense opened a 55,000-square-foot hypersonic manufacturing facility in Maryland to enhance testing and production capabilities.
Quiver AI Summary
Kratos Defense & Security Solutions, Inc. has announced the grand opening of a new 55,000-square-foot facility in Princess Anne, Maryland, designed for hypersonic system manufacturing and payload integration. This state-of-the-art facility will enhance Kratos' capabilities to support hypersonic testing and launch operations for the Multi-Service Advanced Capability Hypersonics Test Bed (MACH-TB) 2.0 program, among other defense contracts. The facility will improve production capacity and streamline processes to meet the growing demand for affordable hypersonic flight testing, creating high-skilled jobs in the region. Local officials expressed excitement about the economic opportunities presented by Kratos’ investment, which aligns with the company's strategy to bolster the U.S. defense infrastructure and accelerate hypersonic technology development.
Potential Positives
- The grand opening of a new 55,000-square-foot hypersonic manufacturing facility enhances Kratos' production capacity and capabilities for hypersonic testing and payload integration.
- The facility's strategic location near NASA Wallops Flight Facility optimizes logistics and operational efficiencies, supporting contracts with major defense agencies.
- Kratos anticipates the facility will create new high-skilled jobs in the region, contributing to local economic growth and job retention.
- This investment signifies Kratos' commitment to advancing U.S. national security technology and its strategy to expand its role in the defense industrial base.
Potential Negatives
- The reliance on forward-looking statements highlights uncertainty and potential risks associated with the company's future performance, which may deter investors.
- The emphasis on investments and commitments may suggest a high level of financial exposure or risk in a competitive and unpredictable industry.
- The mention of needing to assess probability of win (PWin) for contracts indicates potential limitations in the company's capability to secure future projects independently.
FAQ
What is the purpose of the new Kratos facility in Princess Anne?
The new facility enhances Kratos' capabilities for hypersonic testing and production, supporting various defense programs.
How large is the new hypersonic manufacturing facility?
The facility spans 55,000 square feet and is state-of-the-art for hypersonic systems.
Which agencies will benefit from this new facility?
Key agencies include the U.S. Navy, US Air Force, DARPA, and the Missile Defense Agency.
What economic impact will the facility have on Princess Anne?
The facility is expected to create high-skilled jobs and strengthen the local economy.
What is Kratos' commitment with this new investment?
Kratos is committed to expanding hypersonic testing capabilities and supporting national security initiatives.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$KTOS Insider Trading Activity
$KTOS insiders have traded $KTOS stock on the open market 152 times in the past 6 months. Of those trades, 0 have been purchases and 152 have been sales.
Here’s a breakdown of recent trading of $KTOS stock by insiders over the last 6 months:
- ERIC M DEMARCO (President & CEO) has made 0 purchases and 13 sales selling 800,000 shares for an estimated $63,381,568.
- DEANNA H LUND (EVP & CFO) has made 0 purchases and 28 sales selling 75,000 shares for an estimated $5,649,512.
- WILLIAM A HOGLUND sold 75,000 shares for an estimated $5,576,070
- STACEY G ROCK (President, KTT Division) has made 0 purchases and 22 sales selling 40,963 shares for an estimated $3,799,194.
- STEVEN S. FENDLEY (President, US Division) has made 0 purchases and 16 sales selling 42,000 shares for an estimated $3,167,033.
- PHILLIP D CARRAI (President, STC Division) has made 0 purchases and 15 sales selling 36,000 shares for an estimated $2,597,599.
- DAVID M CARTER (President, DRSS Division) has made 0 purchases and 29 sales selling 28,123 shares for an estimated $2,513,904.
- JONAH ADELMAN (President, ME Division) sold 30,000 shares for an estimated $2,243,877
- SCOTT I ANDERSON has made 0 purchases and 5 sales selling 18,901 shares for an estimated $1,405,852.
- THOMAS E IV MILLS (President, C5ISR Division) has made 0 purchases and 8 sales selling 14,281 shares for an estimated $1,169,835.
- AMY ZEGART sold 10,000 shares for an estimated $741,671
- MARIE MENDOZA (SVP & General Counsel) has made 0 purchases and 9 sales selling 9,823 shares for an estimated $697,277.
- DE BURGREEN MARIA CERVANTES (VP & Corp. Controller) has made 0 purchases and 4 sales selling 6,264 shares for an estimated $437,202.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$KTOS Revenue
$KTOS had revenues of $347.6M in Q3 2025. This is an increase of 25.99% from the same period in the prior year.
You can track KTOS financials on Quiver Quantitative's KTOS stock page.
$KTOS Hedge Fund Activity
We have seen 368 institutional investors add shares of $KTOS stock to their portfolio, and 250 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ALLIANCEBERNSTEIN L.P. added 2,525,921 shares (+1389.0%) to their portfolio in Q3 2025, for an estimated $230,793,401
- BAMCO INC /NY/ removed 2,151,380 shares (-52.7%) from their portfolio in Q3 2025, for an estimated $196,571,590
- PRICE T ROWE ASSOCIATES INC /MD/ added 1,909,845 shares (+1315.2%) to their portfolio in Q3 2025, for an estimated $174,502,537
- BLACKROCK, INC. removed 1,801,350 shares (-6.9%) from their portfolio in Q3 2025, for an estimated $164,589,349
- ROVIDA ADVISORS INC. removed 1,773,655 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $162,058,857
- UBS GROUP AG removed 1,445,304 shares (-50.0%) from their portfolio in Q3 2025, for an estimated $132,057,426
- VANGUARD GROUP INC removed 1,396,358 shares (-7.8%) from their portfolio in Q3 2025, for an estimated $127,585,230
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$KTOS Analyst Ratings
Wall Street analysts have issued reports on $KTOS in the last several months. We have seen 10 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Jones Trading issued a "Buy" rating on 01/05/2026
- Keybanc issued a "Overweight" rating on 12/19/2025
- B. Riley Securities issued a "Buy" rating on 12/01/2025
- BTIG issued a "Buy" rating on 11/06/2025
- Truist Securities issued a "Buy" rating on 10/15/2025
- Canaccord Genuity issued a "Buy" rating on 10/09/2025
- JMP Securities issued a "Market Outperform" rating on 10/02/2025
To track analyst ratings and price targets for $KTOS, check out Quiver Quantitative's $KTOS forecast page.
$KTOS Price Targets
Multiple analysts have issued price targets for $KTOS recently. We have seen 11 analysts offer price targets for $KTOS in the last 6 months, with a median target of $105.0.
Here are some recent targets:
- Trevor Walsh from Citizens set a target price of $125.0 on 01/12/2026
- Mike Crawford from B. Riley Securities set a target price of $128.0 on 01/09/2026
- Michael Leshock from Keybanc set a target price of $90.0 on 12/19/2025
- Andre Madrid from BTIG set a target price of $95.0 on 11/06/2025
- Jonathan Siegmann from Stifel set a target price of $112.0 on 10/15/2025
- Michael Ciarmoli from Truist Securities set a target price of $125.0 on 10/15/2025
- Austin Moeller from Canaccord Genuity set a target price of $120.0 on 10/09/2025
Full Release
SAN DIEGO, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in defense, national security, and global markets, announced today the grand opening of its new 55,000-square-foot state-of-the-art hypersonic and “Other” system manufacturing and payload integration facility in Princess Anne, Maryland.
The advanced facility will significantly enhance Kratos’ capabilities to support launch operations and hypersonic testing for the Multi-Service Advanced Capability Hypersonics Test Bed (MACH-TB) 2.0 program and other customers from agencies including the U.S. Navy, US Air Force, DARPA, and the Missile Defense Agency.
“This strategic investment in Princess Anne represents Kratos’ commitment to expanding our nation’s hypersonic testing infrastructure and capabilities,” said Dave Carter, President of Kratos Defense & Rocket Support Services Division . “The new facility enables us to increase production capacity, streamline payload integration processes, and respond even more rapidly to the growing demand for affordable hypersonic flight testing. The Princess Anne facility will play a crucial role in supporting our $1.4 billion MACH-TB 2.0 contract and other critical programs, enabling increased test cadence and more affordable flight test opportunities for hypersonic technologies.
The Princess Anne facility features advanced manufacturing capabilities, specialized integration areas, and enhanced testing equipment designed to support Kratos’ expanding role in hypersonic testing and launch operations. The location was strategically chosen for its proximity to NASA Wallops Flight Facility, optimizing logistics and operational efficiencies.
“We are excited to welcome Kratos to Princess Anne and look forward to the opportunities it will bring. Kratos’ contributions will help strengthen our local economy and business community,” stated Jay Prouse, Princess Anne Town Manager .
Danny Thompson, Executive Director for the Somerset County Economic Development Commission (EDC) , remarked, “We are thrilled that Kratos will be locating to the Princess Anne Industrial Park. The collaboration efforts between Kratos, the Town of Princess Anne, and Somerset County EDC, continues to foster expansion in the Aerospace Engineering field and provide job retention and economic growth.”
Eric DeMarco, President and CEO of Kratos, said, “This new facility is another example of Kratos’ strategy of making upfront commitments to rapidly develop and field relevant national security hardware, products and systems, and invest in growing the U.S. defense industrial base. Similar to other Kratos facilities, Princess Anne is directly tied to either customers, programs, contracts, partners and specific hardware, products and systems, resulting in a tailored, efficient, manufacturing, integration or production facility, resulting in low cost, efficient rapid execution and delivery to the warfighter.”
The Princess Anne facility is expected to create new high-skilled jobs in the region and further strengthen Kratos’ capabilities to support the Department of War’s initiatives to accelerate hypersonic technology development and testing.
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) is a technology, products, system and software company addressing the defense, national security, and commercial markets. Kratos makes true internally funded research, development, capital and other investments, to rapidly develop, produce and field solutions that address our customers’ mission critical needs and requirements. At Kratos, affordability is a technology, and we seek to utilize proven, leading-edge approaches and technology, not unproven bleeding edge approaches or technology, with Kratos’ approach designed to reduce cost, schedule and risk, enabling us to be first to market with cost effective solutions. We believe that Kratos is known as an innovative disruptive change agent in the industry, a company that is an expert in designing products and systems up front for successful rapid, large quantity, low-cost future manufacturing which is a value-add competitive differentiator for our large traditional prime system integrator partners and also to our government and commercial customers. Kratos intends to pursue program and contract opportunities as the prime or lead contractor when we believe that our probability of win (PWin) is high and any investment required by Kratos is within our capital resource comfort level. We intend to partner and team with a large, traditional system integrator when our assessment of PWin is greater or required investment is beyond Kratos’ comfort level. Kratos’ primary business areas include virtualized ground systems for satellites and space vehicles including software for command & control (C2) and telemetry, tracking and control (TT&C), jet powered unmanned aerial drone systems, hypersonic vehicles and rocket systems, propulsion systems for drones, missiles, loitering munitions, supersonic systems, space craft and launch systems, C5ISR and microwave electronic products for missile, radar, missile defense, space, satellite, counter UAS, directed energy, communication and other systems, and virtual & augmented reality training systems for the warfighter. For more information, visit
www.KratosDefense.com
.
Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended December 29, 2024, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.
Press Contact:
Claire Cantrell
[email protected]
Investor Information:
877-934-4687
[email protected]