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Kratos Defense

OverviewSuggest Edit

Kratos Defense (also known as Kratos Defense and Security Solutions) is a company providing unmanned systems, satellite communications, C4ISR, and warfighter training and combat systems. It operates through three segments: Kratos Government Solutions (KGS) and Unmanned Systems. The KGS segment offers microwave electronic products, space, training and cybersecurity, C5ISR and modular systems, turbine technologies, and defense and rocket support services. The Unmanned Systems segment provides unmanned aerial system and unmanned ground and seaborne system products.
TypePublic
Founded1994
HQSan Diego, USMap
Websitekratosdefense.com
Employee Ratings3.1More
Culture scoreBMore
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Latest Updates

Employees (est.) (Dec 2019)3,000(+16%)
Job Openings215
Revenue (FY, 2019)$717.5 M(+17%)
Share Price (May 2020)$18.6 (+3%)

Key People/Management at Kratos Defense

Eric DeMarco

Eric DeMarco

President & CEO
Deanna Lund

Deanna Lund

Executive Vice President and Chief Financial Officer
Phil Carrai

Phil Carrai

President, Space, Training, & Cyber Division
Dave Carter

Dave Carter

President, Defense & Rocket Support Services Division
Thomas Mills

Thomas Mills

President, C5ISR Modular Systems Division
Yonah Adelman

Yonah Adelman

President, Microwave Electronics Division
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Kratos Defense Office Locations

Kratos Defense has offices in San Diego, Alexandria, Bristow, Chantilly and in 29 other locations
San Diego, US (HQ)
10680 Treena Street, 6th Floor
Alexandria, US
5971 Kingstowne Village Pkwy #200
Bristow, US
24323 S 385th W Ave
Chantilly, US
14130 Sullyfield Cir suite e - 1
Chantilly, US
4795 Meadow Wood Ln #220w
Colorado Springs, US
12515 Academy Ridge View
Show all (34)

Kratos Defense Financials and Metrics

Kratos Defense Revenue

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Kratos Defense's revenue was reported to be $717.50 m in FY, 2019 which is a 16% increase from the previous period.
USD

Revenue (Q1, 2020)

168.9m

Gross profit (Q1, 2020)

45.8m

Gross profit margin (Q1, 2020), %

27.1%

Net income (Q1, 2020)

(200.0k)

EBIT (Q1, 2020)

4.7m

Market capitalization (29-May-2020)

2.0b

Closing stock price (29-May-2020)

18.6

Cash (29-Mar-2020)

158.6m

EV

2.1b
Kratos Defense's current market capitalization is $2 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

751.9m618.0m717.5m

Revenue growth, %

12%(18%)16%

Cost of goods sold

554.6m448.3m527.5m

Gross profit

197.3m169.7m190.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

143.0m151.2m159.4m160.4m187.9m184.1m168.9m

Cost of goods sold

102.2m111.9m115.3m115.5m139.8m135.5m123.1m

Gross profit

40.8m39.3m44.1m44.9m48.1m48.6m45.8m

Gross profit Margin, %

29%26%28%28%26%26%27%
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Annual
USDFY, 2017FY, 2018FY, 2019

Cash

129.6m182.7m172.6m

Accounts Receivable

268.4m64.6m85.0m

Prepaid Expenses

12.9m8.9m9.4m

Inventories

50.4m46.8m61.1m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

127.8m182.8m187.2m178.4m176.2m181.0m158.6m

Accounts Receivable

57.7m66.2m60.1m81.3m67.8m65.6m78.3m

Prepaid Expenses

6.8m8.4m14.2m13.3m10.3m10.1m

Inventories

48.2m49.0m48.6m69.2m75.4m68.2m62.7m
show all
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

(42.7m)(3.5m)12.6m

Depreciation and Amortization

22.5m17.9m23.4m

Inventories

7.1m2.0m(4.6m)

Accounts Payable

(3.4m)12.2m4.8m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

(2.2m)(9.9m)(8.2m)3.1m7.4m10.0m(200.0k)

Depreciation and Amortization

4.5m9.2m13.6m5.1m11.1m16.8m6.3m

Inventories

1.3m500.0k900.0k(10.8m)(16.3m)(10.3m)(1.5m)

Accounts Payable

(3.0m)6.0m8.2m(800.0k)3.6m(6.5m)(9.6m)
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USDY, 2020

EV/EBIT

454.5 x

Financial Leverage

2 x
Show all financial metrics

Kratos Defense Operating Metrics

Kratos Defense's Backlog was reported to be $601.2m in FY, 2019.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019

Backlog

$1.10 b$980.40 m$953.50 m$960.70 m$913.80 m$909.10 m$874.60 m$909.90 m$899.70 m$878.30 m$766.50 m$798.90 m$730.40 m$551.80 m$501.90 m$571.70 m$620.70 m$620.20 m$620.30 m$608.70 m$601.20 m

Backlog Funded

$662 m$578.30 m$554.20 m$551.50 m$528.70 m$553.90 m$542.30 m$582.40 m$626.10 m$612.20 m$543.80 m$586.20 m$531.10 m$495.40 m$451.90 m$528.10 m$537.20 m$539.50 m$545.40 m$518.70 m$501.30 m
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Kratos Defense Acquisitions / Subsidiaries

Company NameDateDeal Size
Florida Turbine TechnologiesFebruary 28, 2019$60 m
SecureInfo CorporationNovember 15, 2011$17.50 m
Integral SystemsMay 16, 2011
SYS TechnologiesJune 30, 2008
Ai Metrix
Ai Metrix, Inc.
Airorlite Communications
Avtec Systems
Avtec Systems, Inc.
BSC Partners
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Kratos Defense Revenue Breakdown

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Kratos Defense revenue breakdown by business segment: 22.5% from Unmanned Systems, 38.0% from Kratos Government Solutions, Service and 39.5% from Kratos Government Solutions, Product

Kratos Defense Online and Social Media Presence

Kratos Defense's Trends

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Kratos Defense Company Culture

  • Overall Culture

    B

    75/100

  • CEO Rating

    C+

    70/100

  • Compensation

    D

    50/100

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Kratos Defense Blogs

July 18, 2018

Kratos Enters into Strategic Partnership with Colas Ltd. and Royal Truck & Equipment to Deploy Unmanned Driverless Technology in the United Kingdom for Increased Safety of Roadside Workers

SAN DIEGO , July 18, 2018 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its Unmanned Systems Division (USD) has entered into a strategic teaming agreement with Colas Ltd.
July 17, 2018

Kratos Receives $8.5 Million in Microwave Electronic Product Orders in Support of C5 Programs

SAN DIEGO , July 17, 2018 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that its Microwave Electronics Division (KMED) has recently received approximately $8.5 million in microwave electronic orders i…
July 17, 2018

The Naval Air Systems Command (NAVAIR) Intends to Award a Contract to Kratos Unmanned Aerial Systems, Inc. for up to Sixty (60) BQM-177A Surface Launched Aerial Targets

SAN DIEGO , July 17, 2018 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that it expects its Unmanned Systems Division (USD) to receive a contract as reflected in the July 3, 2018 announcement from the
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 Kratos Defense Frequently Asked Questions

  • When was Kratos Defense founded?

    Kratos Defense was founded in 1994.

  • Who are Kratos Defense key executives?

    Kratos Defense's key executives are Eric DeMarco, Deanna Lund and Phil Carrai.

  • How many employees does Kratos Defense have?

    Kratos Defense has 3,000 employees.

  • What is Kratos Defense revenue?

    Latest Kratos Defense annual revenue is $717.5 m.

  • What is Kratos Defense revenue per employee?

    Latest Kratos Defense revenue per employee is $239.2 k.

  • Who are Kratos Defense competitors?

    Competitors of Kratos Defense include Dynetics, Cobham and Aerojet Rocketdyne Holdings.

  • Where is Kratos Defense headquarters?

    Kratos Defense headquarters is located at 10680 Treena Street, 6th Floor, San Diego.

  • Where are Kratos Defense offices?

    Kratos Defense has offices in San Diego, Alexandria, Bristow, Chantilly and in 29 other locations.

  • How many offices does Kratos Defense have?

    Kratos Defense has 34 offices.