Kratos Defense & Security Solutions prices offering of stock

Kratos Defense & Security Solutions prices offering of stock

Kratos Defense & Security Solutions Announces $1 Billion Common Stock Offering

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) announced on February 26, 2026, its intention to offer $1,000,000,000 of common stock in an underwritten public offering, with underwriters granted a 30-day option to purchase an additional $150,000,000 of shares according to the announcement. The offering, conducted under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC), is subject to market and other conditions as detailed.

Proceeds from the offering will be allocated to fund targeted acquisitions, investments, and capital expenditures aimed at scaling national security programs, as well as general corporate purposes, including offering-related expenses according to the company. Kratos emphasized the need to strengthen its capacity to address "mission critical National Security priorities," including existing programs, recent awards, and high-probability pipeline opportunities as stated.

Baird, Raymond James, RBC Capital Markets, and Truist Securities are serving as joint book-running managers for the offering according to the filing. The securities will be offered pursuant to an automatic shelf registration statement on Form S-3ASR (File No. 333-293786), which became effective upon filing on February 26, 2026 as reported. Investors may obtain prospectus details from the underwriters or via the SEC's website according to the announcement.

This announcement follows Kratos' completion of a $575 million stock offering in June 2025, which raised gross proceeds at $38.50 per share according to company records. The company has historically prioritized capital deployment for defense and national security initiatives, including unmanned systems, hypersonic technologies, and C5ISR solutions as previously noted.

Forward-Looking Statements Disclaimer The press release includes forward-looking statements about the offering's execution and use of proceeds, which are subject to risks, including market conditions and regulatory factors. Actual results may differ materially as cautioned.

For investor inquiries, contact Kratos at 877-934-4687 or investor@kratosdefense.com according to the announcement.

This article is based on publicly disclosed information and does not constitute investment advice.