Movers and SHAKERS
Monday, January 27, 2020
Kratos Defense & Security (KTOS)
Are Recent Headlines a Harbinger of Things to Come?
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.
More Positive Headlines. In a recurring, almost weekly, theme, Kratos continues to see positive developments across a broad swath of its business. This past week, Kratos saw what we view as positive developments in both its Gremlins and Skyborg programs. While a leading independent, non-partisan policy research institute reaffirmed the need for Kratos's products.
Successful Gremlins Test. DARPA's Gremlins program completed the first flight test of its X-61A vehicle, built by Kratos. Kratos partners with Dynectics on this program which seeks to launch swarm UASs from multiple types of aircraft. The November test met all of its objectives. Another test...
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.