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Last $5.52 USD
Change Today +0.05 / 0.91%
Volume 273.2K
KTOS On Other Exchanges
Symbol
Exchange
KTOS is not on other exchanges.
As of 8:10 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

kratos defense & security (KTOS) Snapshot

Open
$5.48
Previous Close
$5.47
Day High
$5.55
Day Low
$5.40
52 Week High
06/9/14 - $9.08
52 Week Low
12/16/14 - $4.21
Market Cap
321.7M
Average Volume 10 Days
272.1K
EPS TTM
$-0.74
Shares Outstanding
58.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for KRATOS DEFENSE & SECURITY (KTOS)

kratos defense & security (KTOS) Related Businessweek News

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kratos defense & security (KTOS) Details

Kratos Defense & Security Solutions, Inc. provides mission critical products, solutions, and services primarily for the United States Government. The company operates through three segments, Kratos Government Solutions (KGS), Unmanned Systems, and Public Safety & Security (PSS). The Kratos Government Solutions segment offers command, control, communications, computing, combat systems, intelligence, surveillance, and reconnaissance (C5ISR) products; solutions; and services. This segment provides electronic warfare/attack and intelligence, reconnaissance, and surveillance; satellite command and control, communications support, signal monitoring, interference detection, and geolocation; ballistic missile defense test and evaluation; cyber and IT; learning, performance, and training solutions; and weapon systems services. It also manufactures specialized modular systems, tactical combat products, shelters, and enclosures; command and control modular systems; weapons systems; and warfighter related systems. The Unmanned Systems segment offers composite unmanned aerial target drone systems; and supplies UAS platforms with sensors, avionics, and electronic components. This segment also manufactures and provides avionics systems and ground flight control systems, as well as command, control, and communications systems for various unmanned ground and seaborne, platforms and systems. The Public Safety and Security segment offers integrated security solutions for homeland security, public safety, and critical infrastructure; and strategic assets for government, industrial, and commercial customers. This segment provides its solutions in various areas, such as the command and control centers; and access control, building automation and control, communications, digital and closed circuit television security and surveillance, fire and life safety, maintenance, services, and product support services. The company was founded in 1994 and is headquartered in San Diego, California.

3,600 Employees
Last Reported Date: 03/13/15
Founded in 1994

kratos defense & security (KTOS) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.4M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $734.7K
President of Electronic Products
Total Annual Compensation: $779.7K
President of Technology & Training Solutions
Total Annual Compensation: $655.3K
Chief Compliance Officer, Senior Vice Preside...
Total Annual Compensation: $494.3K
Compensation as of Fiscal Year 2014.

kratos defense & security (KTOS) Key Developments

Kratos Defense & Security Solutions, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 28, 2014; Provides Earnings Guidance for the First Quarter, Second Quarter, Third Quarter, Fourth Quarter and Full Year of Fiscal 2015

Kratos Defense & Security Solutions, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 28, 2014. For the quarter, the company’s total revenues were $221.5 million compared to $235.7 million a year ago. Operating income was $10.7 million compared to $5.4 million a year ago. Loss from continuing operations before income taxes was $0.8 million compared to $9.8 million a year ago. Loss from continuing operations was $2.2 million or $0.04 per basic and diluted share compared to $6.9 million or $0.12 per basic and diluted share a year ago. Net loss was $2.2 million or $0.04 per basic and diluted share compared to $7.4 million or $0.13 per basic and diluted share a year ago. Adjusted EBITDA was $23.0 million compared to $24.6 million a year ago. Adjusted income from continuing operations before income taxes was $6.5 million compared to $5.8 million a year ago. Adjusted income from continuing operations was $6.1 million or $0.11 per diluted share compared to $5.1 million or $0.09 per diluted share a year ago. The company generated over $25 million in operating cash flow. Adjusted EBITDA was impacted by the continued increased IR&D investments during the fourth quarter, which were at $6 million or 2.7% of revenues. For the year, the company’s total revenues were $868.0 million compared to $950.6 million a year ago. Operating income was $19.9 million compared to $31.8 million a year ago. Loss from continuing operations before income taxes was $72.9 million compared to $31.9 million a year ago. Loss from continuing operations was $78.0 million or $1.35 per basic and diluted share compared to $31.9 million or $0.56 per basic and diluted share a year ago. Net loss was $78.0 million or $1.35 per basic and diluted share compared to $37.2 million or $0.65 per basic and diluted share a year ago. Adjusted EBITDA was $82.2 million compared to $100.3 million a year ago. Net cash provided by operating activities from continuing operations was $7.7 million compared to $22.6 million a year ago. Capital expenditures were $14.2 million compared to $16.6 million a year ago. Adjusted income from continuing operations before income taxes was $11.3 million compared to $19.4 million a year ago. Adjusted income from continuing operations was $9.0 million or $0.16 per diluted share compared to $16.5 million or $0.29 per diluted share a year ago. Free cash flow is actually a use of $7.7 million. The company expects first quarter to be the lowest of fiscal 2015 with revenue and EBITDA of approximately $180 million to $190 million and EBITDA of $10 million to $12 million. The company expects revenue and EBITDA to begin increasing sequentially in the second quarter as the company begins deliveries and execution on AFSAT, Patriot, HATS and large, also, under contract satellite communications programs. The company expects revenue and EBITDA to increase in the third quarter, driven by increased deliveries and execution on each of these under contract programs. The company currently expects fourth quarter revenue and EBITDA to approximate third quarter's. For the fiscal 2015, the company is expecting revenues and EBITDA to be approximate -- approximately at or slightly below fiscal 14 levels, with stronger free cash flow reflecting a full year's impact of annual cash interest savings of over $18 million as a result of the refinancing. Total estimated capex for 2015 is $15 million to $19 million, with the most significant investment being in its unmanned business as the company will be manufacturing an increased number of aircraft for expected customer presentation requirements and includes production of UCAS aircraft.

Kratos Defense Exploring Sale Of Herley Industries

Kratos Defense & Security Solutions, Inc. (NasdaqGS:KTOS) is said to be working with SunTrust to explore the sale of Herley Industries, Inc., reported dealReporter, citing sector advisers and an industry source, according to contacts.

Kratos Defense & Security Solutions, Inc. Announces Release of SpectralNet

Kratos Defense & Security Solutions, Inc. has announced the release of SpectralNet by its RT Logic subsidiary. SpectralNet is the only commercially available product that eliminates the distance constraints of RF transport by digitizing RF signals for transport over IP networks in a way that preserves both frequency and timing characteristics then uniquely restores the RF signals at their destination. By eliminating the distance constraints between antennas and signal processing equipment, SpectralNet's patent pending technology enables operators to deploy new ground architectures with numerous advantages, such as the ability to mitigate the effects of rain fade for Ku/Ka satellites, reduce costs by centralizing operations, simplify disaster recovery and system maintenance, optimize antenna placement and develop a migration path toward virtual ground systems. SpectralNet does all of this while protecting the operator's current investment in existing equipment.

 

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Industry Analysis

KTOS

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Valuation KTOS Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.4x
Price/Book 1.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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