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Kratos Defense & Security Solutions saw a 35.7% jump in sales last quarter and beat profit estimates.

ResultsRead the original at globenewswire.com
Good for KTOS

Kratos sales grew 35.7%, adjusted profit per share beat estimates, and its backlog reached a record $2.6 billion. Strong orders and the Q4 sales forecast point to continued growth, with no setback reported.

KTOS · Kratos Defense & Security Solutions, Inc.

AI read · Good for KTOS

The AI's read

The order flow suggests Kratos is booking work faster than it is completing it. Its record backlog gives it a large base of orders to deliver, and growth in hypersonic and space work adds support. The report names no setback that counters these signs.

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