Kratos Defense prices public offering of common stock at $38.50 per share

From GlobeNewswire: 2025-06-25 23:14:00

Kratos Defense & Security Solutions, Inc. announced the pricing of an underwritten offering of 12,987,013 shares of its common stock at a public offering price of $38.50 per share, expected to result in net proceeds of approximately $483,750,000. The offering is expected to close on June 27, 2025, with the underwriters having a 30-day option to purchase additional shares. The company plans to use the proceeds for various purposes, including funding investments, capital expenditures, acquisitions, and general corporate needs. Baird, RBC Capital Markets, Truist Securities, and Raymond James are acting as joint book-running managers for the offering.

The securities are being offered under an automatic shelf registration statement and will be made through a prospectus supplement. Kratos Defense & Security Solutions, Inc. is a technology company focused on defense, national security, and commercial markets. The company emphasizes affordability and utilizes proven technology to reduce costs and risks. Kratos intends to pursue program and contract opportunities where there is a high probability of success and manageable investment levels. Forward-looking statements in the press release caution investors about the risks and uncertainties associated with such offerings and activities.



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