Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) opens a new 10,000 square foot facility in British Columbia for PT6A and PT6T engine overhaul. The facility is designed to handle maintenance, repair, and overhaul of these popular turboprop and turboshaft engines, improving services for Canadian operations. On December 1, B. Riley Securities upgraded KTOS from Hold to Buy with a price target of $105, citing better risk/reward profile and strengths in affordable solutions. KTOS develops technology for defense, national security, and commercial markets through its Government Solutions and Unmanned Systems segments.

Read more at Yahoo Finance: Kratos Defense & Security Solutions (KTOS) Opens a A New Facility in British Columbia