Kratos Defense raises outlook after higher first-quarter profit
Updated
Updated · MarketWatch · May 6
Kratos Defense raises outlook after higher first-quarter profit
11 articles · Updated · MarketWatch · May 6
The company lifted 2026 revenue guidance to $1.70 billion-$1.76 billion from $1.60 billion-$1.68 billion after Q1 revenue rose 23% to $371 million.
Net income increased to $11.9 million, or 7 cents a share, from $4.5 million, while adjusted earnings of 16 cents beat analysts' 14-cent estimate.
Government solutions revenue climbed 20% to $288.4 million and unmanned systems revenue reached $82.6 million, as Kratos increased investment in inventory, facilities and staffing amid US defence recapitalisation.
With a $1B stock offering and surging demand, can Kratos's disruptive model truly reshape the traditional defense industry?
As Kratos integrates an AI 'brain' into its drones, how will this redefine the future of autonomous air combat?