Kratos shares jump 10.23% intraday after securing $65M aviation system and warfighter contract awards.

Kratos Defense & Security Solutions surged 10.23% intraday following news of a $65 million contract award for aviation systems and warfighter-related projects. The announcement, reported by GlobeNewswire, highlighted new business wins that reinforce the company’s position in defense simulation and training. Additionally, Goldman Sachs reaffirmed a "Buy" rating for KTOS, signaling institutional confidence. While insider selling and mixed analyst sentiment were noted earlier in the week, the immediate price reaction aligns with the positive contract news, which underscores Kratos’s growth potential in defense contracts amid heightened global security demand.