Kratos Bags Contract Worth A Third Of Its Fiscal 2025 Revenue – KTOS Stock Takes Off In Opening Trade

• Kratos stated that it will serve as the prime contractor to support the U.S. Space Force’s Systems Command.
• The company will undertake ground management and integration for the Space Force’s Resilient Missile Warning and Tracking program.
• Kratos will lead a team that includes Northrop Grumman, Auria, ASRC Federal Systems Solutions, and Rise8.

Kratos Defense & Security Solutions Inc. (KTOS) shares gained nearly 7% in Wednesday’s opening trade after the company announced that it has been awarded a $446.8 million space systems contract. 

The contract is worth about a third of the company’s fiscal year 2025 revenue. Kratos reported $1.35 billion in revenue in 2025, representing nearly 17% growth compared to 2024.

The company stated that the contract requires it to establish fully operational primary and backup mission operations capabilities.

“With this program, Kratos will support launches of new MEO satellites and with OpenSpace integrated with the FORGE platform to provide a Ground Resource Manager functionality, ensuring interoperability across space vehicles from multiple manufacturers,” said Kratos Space, Training and Cyber Division President Phil Carrai.

Retail sentiment on Stocktwits regarding Kratos' stock trended in ‘neutral’ territory at the time of writing.

What Is The Contract About?

Kratos stated that it will serve as the prime contractor to support the U.S. Space Force’s Systems Command. The company will undertake ground management and integration for the Space Force’s Resilient Missile Warning and Tracking (MWT) program.

Kratos will lead a team that includes Northrop Grumman, Auria, ASRC Federal Systems Solutions, and Rise8.

As part of the program, Kratos is required to unify legacy and next-generation ground assets into a single, scalable global network. This will help ensure connectivity with multiple space providers, as well as the Department of War’s Future Operationally Resilient Ground Evolution (FORGE) platform.

The company added that the Resilient MWT system provides persistent detection, tracking, and custody of advanced missile threats, especially hypersonic glide vehicles and maneuvering ballistic missiles.

Kratos stated that the contract has a total potential value of $446.8 million if all options are exercised.

Kratos Won Two Contracts Last Month

Kratos announced in March 2026 that the Naval Surface Warfare Center under the U.S. Navy’s Naval Sea Systems Command (NAVSEA) awarded the company a $49 million contract to manufacture up to 36 Oriole solid rocket motors and three Thrust Vector Control (TVC) nozzle kits.

The company also bagged a $7 million contract for a Counter-UAS system that is designed to detect, track, and classify threats, including low-profile unmanned aerial systems, cruise missiles, and other aerial systems.

To date, Kratos has won eight multi-million-dollar contracts since the beginning of 2026. The San Diego-based company caters to the defense, national security, and global markets.

KTOS stock is up 2% year-to-date and 167% over the past 12 months. The Vanguard Total Stock Market Index Fund ETF (VTI) is up 37% over the past 12 months, while the Vanguard Small-Cap Index Fund ETF (VB) is up 41%.

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