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KTOS scales its propulsion systems business, targeting rising demand for compact, cost-efficient engines in drones, missiles and next-generation defense platforms.

SAN DIEGO, March 26, 2026 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology, products, system and software company in defense, national security, and global markets, announced today that it has been selected by the Naval Surface Warfare Center, Port Hueneme Division (NSWC PHD) for production and delivery of up to 36 Oriole™ solid rocket motors and three Thrust Vector Control (TVC) nozzle kits. The contract includes a funded base award for Oriole with options that, if fully exercised, bring the total contract value for solid rockets to $39,077,237. An option for 3 Oriole TVC production kits, valued at $10,136,009, is also included in the award.

SAN DIEGO, March 25, 2026 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology, Hardware, Products, System and Software Company addressing the Defense, National Security and Commercial Markets, today announced that the Company has appointed David King to the Kratos Board of Directors, effective March 23, 2026. Mr. King will serve as a member of the Audit Committee of the Kratos Board of Directors.

Shares of Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) are 1.2% higher to trade at $78.45 this afternoon, attempting to snap a five-day losing streak as Middle East tensions  cause whiplash for the broader market.

Kratos (KTOS) reported earnings 30 days ago. What's next for the stock?

Kratos Defense will help build the ground stations for Sky Perfect JSAT Corporation's new communications system. The project is currently only at the initial validation stage -- not far advanced.

Kratos Defense and Elbit Systems ride on rising demand for unmanned tech, contracts, and defense upgrades as global tensions fuel next-gen military investments.