Kratos Defense & Security Solutions, Inc. (KTOS, Financial) has been awarded a substantial contract valued at approximately $30 million. This agreement involves the production of air defense system hardware and is designated as a sole source award, indicating that Kratos is the exclusive provider for this project.
Renowned for its expertise in military-grade hardware, Kratos specializes in the design, engineering, and manufacturing of advanced systems. The company supports critical national security initiatives, including air defense, hypersonics, propulsion, and high-performance jet drones.
The work tied to this contract will be carried out at one of Kratos' secure manufacturing facilities. While the company has highlighted the significance of this award, specific details are not being disclosed due to competitive and security considerations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for Kratos Defense & Security Solutions Inc (KTOS, Financial) is $34.10 with a high estimate of $40.00 and a low estimate of $22.00. The average target implies an upside of 2.49% from the current price of $33.27. More detailed estimate data can be found on the Kratos Defense & Security Solutions Inc (KTOS) Forecast page.
Based on the consensus recommendation from 12 brokerage firms, Kratos Defense & Security Solutions Inc's (KTOS, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Kratos Defense & Security Solutions Inc (KTOS, Financial) in one year is $19.03, suggesting a downside of 42.8% from the current price of $33.27. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Kratos Defense & Security Solutions Inc (KTOS) Summary page.
