Tuesday, September 29, 2020
Kratos Defense & Security (KTOS)
Recent Award Momentum
Kratos Defense & Security Solutions is a National Security technology provider with proprietary expertise in the area of unmanned aerial vehicles, electronics for missile defense systems, electronic warfare systems, satellite control and management systems and support services for emerging naval weapon systems. Commercial and state and local government revenues are about 25% of the total and comprise primarily of critical infrastructure monitoring and protection systems.
Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Recent Award Activity. Kratos continues to experience positive award activity and collaborations, as evidenced by recent announcements on the Ground Based Strategic Deterrent (GBSD) program, the Air Force Advanced Battle Management System (ABMS), and the Microsoft Azure collaboration. We view the recent activity positively.
GBSD Program. Headed by Northrop Grumman, the $13.3 billion development phase begins the process of modernizing the U.S.’s intercontinental ballistic missile system. Kratos will provide engineering services and the manufacture and production of specialized ground support systems, including highly complex missile transporters and payload transporters. The development phase is expected to last over …
This research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.