Kratos Defense & Security Solutions
Defense tech with major satellite ground segment. OpenSpace virtualized software-defined ground systems.
FINANCIAL HEALTH
CAPITAL & CREDIT PROFILE
Reported fundamentals from SEC XBRL companyfacts. Derived figures carry their formula in the caption.
Latest quarter (Q1 ended 2026-03-29, filed 2026-05-06): revenue $371.0M · net income $11.9M · cash $1.46B — SEC XBRL.
DEBT TRANCHES (2)
| Tranche | Principal | Rate / spread | Maturity | SEC accession |
|---|---|---|---|---|
| Senior Secured Notes matured | $300.0M | 6.50% | 2025-11-30 | 0001069258-26-000013 |
| 2026 Revolving Credit Facility | $300.0M | — | 2031-02-20 | 0001069258-26-000053 |
| Total (unmatured) | $300.0M |
Total = sum of listed unmatured tranche principal. Extracted from SEC filings; tranche-level, not exhaustive. Rate / spread = interest_rate_bps ÷ 100 — fixed coupon or floating-rate spread, as extracted from the filing; floating-rate bank debt shows the spread over its reference rate, not all-in cost.
Source: USAspending.gov award obligations matched to this company. Obligations, not recognized revenue.
RECENT DEALS & CONTRACTS
| Date | Type | Amount | Counterparty | Significance |
|---|---|---|---|---|
| Feb 17, 2021 | Contract Award | $1.1M | National Aeronautics and Space Administration, KRATOS SRE, INC. | Medium |
| Jun 11, 2020 | Grant | $340.4M | General Services Administration / Federal Acquisition Service, KRATOS S2, INC | High |
| Jun 11, 2020 | Grant | $350.6M | General Services Administration / Federal Acquisition Service, KRATOS S2, INC | High |
| Jun 11, 2020 | Contract Award | $341.0M | General Services Administration / Federal Acquisition Service, KRATOS S2, INC | High |
SECTOR POSITION
RECENT COVERAGE
| Date | Source | Headline |
|---|---|---|
| Feb 17, 2021 | USAspending.gov | Administration Awards $1.1M to KRATOS SRE, INC. for "ADVANCED HERMETIC CARBON COMPOSITE (AHCC) TUBE MANUFACTURING AND TESTING" TASK#... |
| Jun 11, 2020 | USAspending.gov | Administration Awards $340.4M to KRATOS S2, INC for COSMIC AES SBIR III CONTRACT 47QFCA20C0019. THIS CONTRACT IS FOR OTHER FUNCTIONS... |
| Jun 11, 2020 | USAspending.gov | Administration Awards $341.0M to KRATOS S2, INC for COSMIC AES SBIR III CONTRACT 47QFCA20C0019. THIS CONTRACT IS FOR OTHER FUNCTIONS... |
| Jun 11, 2020 | USAspending.gov | Administration Awards $343.8M to KRATOS S2, INC for COSMIC AES SBIR III CONTRACT 47QFCA20C0019. THIS CONTRACT IS FOR OTHER FUNCTIONS... |
| Jun 11, 2020 | USAspending.gov | Administration Awards $350.6M to KRATOS S2, INC for COSMIC AES SBIR III CONTRACT 47QFCA20C0019. THIS CONTRACT IS FOR OTHER FUNCTIONS... |
REGISTRY DATA
Source: space_company_registry.json · Operator homepage → · Kratos Defense & Security Solutions corporate homepage — confirms Space Systems (OpenSpace, SATCOM) and hypersonics (Erinyes, Dark Fury) (NASDAQ: KTOS).
METHODOLOGY
Launch history and subsystem outcomes aggregate from AstraVeris's launch_events table with Wilson 95% lower bounds on success rates. ARI scores come from the 11-factor composite (/finance/methodology/). Constellation counts derive from the live CelesTrak/GCAT object catalog. Gov contracts from USAspending.gov awards; private deals from deduplicated pipeline deal extraction. Absence of a row means "not tracked" — we never fabricate. See /methodology/ for the full data model and /data-licensing/ for licensing terms.
Not investment advice. For insurance underwriting, verify against primary-source filings and operator investigation reports.