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Kratos Defense

OverviewSuggest Edit

Kratos Defense & Security Solutions is a provider of systems, platforms, and products for national security and communications. It operates in two segments: Kratos Government Solutions (KGS) and Unmanned Systems (US). The KGS segment offers microwave electronic products, space, training and cybersecurity, as well as command, control, communications, computers, cyber, intelligence, surveillance and reconnaissance (C5ISR) and modular systems, turbine technologies, and defense and rocket support services. The US segment develops, demonstrates, and fields unmanned aerial system and unmanned ground and seaborne system products.

TypePublic
Founded1994
HQSan Diego, CA, USMap
Websitekratosdefense.com
Employee Ratings3.4More
Overall CultureA-More
View Jobs (270)

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Latest Updates

Employees (est.) (Dec 2020)3,200(+7%)
Job Openings270
Revenue (FY, 2020)$747.7 M(+5%)
Share Price (Jun 2021)$26.2
Cybersecurity ratingCMore

Key People/Management at Kratos Defense

Eric DeMarco

Eric DeMarco

President, CEO and Director
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
Yonah Adelman

Yonah Adelman

President, Microwave Electronics Division
Thomas Mills

Thomas Mills

President, C5ISR Systems Division
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Kratos Defense Office Locations

Kratos Defense has offices in San Diego, Alexandria, Arlington, Bristow and in 31 other locations
San Diego, CA, US (HQ)
10680 Treena Street, 6th Floor
Alexandria, VA, US
5971 Kingstowne Village Pkwy #200
Arlington, VA, US
2800 Crystal Dr #350
Bristow, OK, US
24323 S 385th W Ave
Chantilly, VA, US
14130 Sullyfield Cir suite e - 1
Chantilly, VA, US
4795 Meadow Wood Ln #220w
Show all (36)

Kratos Defense Financials and Metrics

Kratos Defense Revenue

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Kratos Defense's revenue was reported to be $747.7 m in FY, 2020 which is a 4.2% increase from the previous period.
USD

Revenue (Q1, 2021)

194.2m

Gross profit (Q1, 2021)

51.0m

Gross profit margin (Q1, 2021), %

26.3%

Net income (Q1, 2021)

1.9m

EBIT (Q1, 2021)

4.9m

Market capitalization (11-Jun-2021)

3.2b

Closing stock price (11-Jun-2021)

26.2

Cash (28-Mar-2021)

383.6m

EV

3.2b
Kratos Defense's current market capitalization is $3.2 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

618.0m717.5m747.7m

Revenue growth, %

(18%)16%4%

Cost of goods sold

448.3m527.5m544.5m

Gross profit

169.7m190.0m203.2m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

160.4m187.9m184.1m168.9m170.4m202.0m194.2m

Cost of goods sold

115.5m139.8m135.5m123.1m124.4m144.9m143.2m

Gross profit

44.9m48.1m48.6m45.8m46.0m57.1m51.0m

Gross profit Margin, %

28%26%26%27%27%28%26%
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Annual
USDFY, 2018FY, 2019FY, 2020

Cash

182.7m172.6m380.8m

Accounts Receivable

64.6m85.0m95.3m

Prepaid Expenses

8.9m9.4m12.0m

Inventories

46.8m61.1m81.2m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

178.4m176.2m181.0m158.6m397.2m374.7m383.6m

Accounts Receivable

81.3m67.8m65.6m78.3m59.8m83.9m85.7m

Prepaid Expenses

13.3m10.3m10.1m14.0m14.6m17.9m13.5m

Inventories

69.2m75.4m68.2m62.7m61.1m78.3m85.7m
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(3.5m)12.6m79.4m

Depreciation and Amortization

17.9m23.4m24.6m

Inventories

2.0m(4.6m)(5.3m)

Accounts Payable

12.2m4.8m(2.4m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

3.1m7.4m10.0m(200.0k)(1.0m)1.4m1.9m

Depreciation and Amortization

5.1m11.1m16.8m6.3m12.3m18.5m6.3m

Inventories

(10.8m)(16.3m)(10.3m)(1.5m)(4.5m)(4.8m)(4.2m)

Accounts Payable

(800.0k)3.6m(6.5m)(9.6m)(9.1m)(1.7m)(2.0m)
show all
USDFY, 2018

EV/EBIT

50.4 x

Revenue/Employee

237.7k

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

1.9 x

P/E Ratio

(458.3)
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Kratos Defense Operating Metrics

Kratos Defense's Backlog was reported to be $892.9m in Q1, 2021.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021

Backlog

$620.7 m$620.2 m$620.3 m$608.7 m$601.2 m$646.8 m$683.4 m$873.1 m$922.2 m$892.9 m

Backlog Funded

$537.2 m$539.5 m$545.4 m$518.7 m$501.3 m$549.8 m$569.6 m$579.3 m$601.2 m$620.7 m
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Kratos Defense Acquisitions / Subsidiaries

Company NameDateDeal Size
Florida Turbine TechnologiesFebruary 28, 2019$60 m
SecureInfo CorporationNovember 15, 2011$17.5 m
Integral SystemsMay 16, 2011
Gichner HoldingsMay 20, 2010
SYS TechnologiesJune 30, 2008
Ai Metrix
Ai Metrix, Inc.
Airorlite Communications
Avtec Systems
Avtec Systems, Inc.
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Kratos Defense Revenue Breakdown

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Kratos Defense revenue breakdown by business segment: 25.0% from Unmanned Systems, 33.3% from Kratos Government Solutions, Service and 41.7% from Kratos Government Solutions, Product

Kratos Defense Cybersecurity Score

Cybersecurity ratingPremium dataset

C

70/100

Learn more about our premium products
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Kratos Defense Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

Learn more about our premium products
CSRHub logo

Competitors

Thales UK
Technology - Subsidiary
Astra Microwave Products
Manufacturing & Industrial - Public
BAE Systems Australia
Manufacturing & Industrial - Subsidiary
Space Dynamics Laboratory
Non-Profit - Subsidiary
Elbit Systems of America
Manufacturing & Industrial - Subsidiary
Schweitzer Engineering Laboratories
Manufacturing & Industrial - Private
Lockheed Martin
Manufacturing & Industrial - Public
Boeing
Manufacturing & Industrial - Public
General Atomics
Manufacturing & Industrial - Private
L3Harris Technologies
Manufacturing & Industrial - Public
BAE Systems
Manufacturing & Industrial - Public
General Dynamics
Manufacturing & Industrial - Public
Northrop Grumman
Manufacturing & Industrial - Public
AAR
Manufacturing & Industrial - Public
Aerojet Rocketdyne Holdings
Manufacturing & Industrial - Public
Cobham
Manufacturing & Industrial - Private
QinetiQ
Manufacturing & Industrial - Public
Dynetics
Manufacturing & Industrial - Subsidiary
Mercury Systems
Manufacturing & Industrial - Public
Compare competitors

Kratos Defense Online and Social Media Presence

Kratos Defense's Trends

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Kratos Defense Company Culture

  • Overall Culture

    A-

    75/100

  • CEO Rating

    B

    70/100

  • Compensation

    D-

    50/100

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Kratos Defense News and Updates

May 13, 2021

USAF, Kratos Release Additional Details of Successful Autonomous Attritable Aircraft Experimentation (AAAx) Flight Series

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider and industry-leading provider of high-performance unmanned systems, today released additional information on the successful series of flight tests with the Skyborg autonomy core system (ACS) …
May 12, 2021

Kratos to Present at the 16th Annual Needham Virtual Technology & Media Conference

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider, today announced that its President & CEO, Eric DeMarco, and its Executive VP & CFO, Deanna Lund, will present at the 16th Annual Needham Virtual Technology & Media Conference on …
May 06, 2021

Kratos Awarded Approximately $46 Million to Support Space Domain Awareness Efforts

Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that it has received multiple awards totaling more than $46 million to support Space Domain Awareness (SDA) efforts.
May 05, 2021

Kratos Defense & Security Solutions, Inc. to Host Earnings Call

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 5, 2021 at 5:00 PM Eastern Time.
May 05, 2021

USAF, Kratos Complete Milestone 1 of the Autonomous Attritable Aircraft Experimentation (AAAx) Campaign with Successful Flight Test Series

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider and industry-leading provider of high-performance unmanned systems, announced today that the Skyborg leadership team successfully completed its objectives following a multi-flight series of f…
May 05, 2021

Kratos Reports First Quarter Financial Results

Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, today reported its first quarter 2021 financial results. For the first quarter of 2021, Kratos reported Revenues of $194.2 million, Operating Income of $4.9 million, Net Income of $1.9 millio…
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Kratos Defense Blogs

June 15, 2021

Kratos Named One of the First Cybersecurity Maturity Model Certification (CMMC) Third Party Assessment Organizations (C3PAO)

Kratos Named One of the First Cybersecurity Maturity Model Certification (CMMC) Third Party Assessment Organizations (C3PAO) Content Import Tue, 06/15/2021 - 16:32 Kratos Named One of the First Cybersecurity Maturity Model Certification (CMMC) Third Party Assessment Organizations (C3PAO) …
May 12, 2021

Kratos to Present at the 16th Annual Needham Virtual Technology & Media Conference

Kratos to Present at the 16th Annual Needham Virtual Technology & Media Conference Content Import Wed, 05/12/2021 - 16:00 Kratos to Present at the 16th Annual Needham Virtual Technology & Media Conference May 12, 2021 at 4:00 PM EDT This release is a b…
April 26, 2021

Kratos Demonstrates SATCOM Situational Awareness to an Operationally Secure Environment Using Commercial Resources

Kratos Demonstrates SATCOM Situational Awareness to an Operationally Secure Environment Using Commercial Resources Content Import Mon, 04/26/2021 - 08:03 Kratos Demonstrates SATCOM Situational Awareness to an Operationally Secure Environment Using Commercial Resources April …
March 09, 2021

Kratos to Present at the JPMorgan Virtual Industrials Conference

SAN DIEGO , March 09, 2021 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider, today announced that its President & CEO, Eric DeMarco , and its Executive VP & CFO, Deanna Lund , will present at the JPMorgan Virtual
February 25, 2021

Kratos Reports Fourth Quarter and Fiscal 2020 Financial Results

Fourth Quarter and Fiscal 2020 Revenues of $206.4 and $747.7 Million , Increased 11.5 percent and 4.2 percent, respectively, over 2019 Fourth Quarter and Fiscal 2020 Unmanned Systems Segment Revenues of $49.5 and $187.0 Million , Increased 29.2 and 15.9 percent, respectively, over 2019 Fourth
February 11, 2021

Kratos Defense & Security Solutions Schedules Fourth Quarter and Fiscal Year End 2020 Earnings Conference Call for Thursday, February 25th

SAN DIEGO , Feb. 11, 2021 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider, announced today that it will publish financial results for the fourth quarter and Fiscal Year End 2020 after the close of market on Thursday,
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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 3,200 employees.

  • What is Kratos Defense revenue?

    Latest Kratos Defense annual revenue is $747.7 m.

  • What is Kratos Defense revenue per employee?

    Latest Kratos Defense revenue per employee is $233.7 k.

  • Who are Kratos Defense competitors?

    Competitors of Kratos Defense include Thales UK, Astra Microwave Products and BAE Systems Australia.

  • 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, Arlington, Bristow and in 31 other locations.

  • How many offices does Kratos Defense have?

    Kratos Defense has 36 offices.