Kratos Shares Flat Around $55 as Cash Burn Looms Over Drone Defense Push
Kratos Defense & Security Solutions traded at $54.72 in premarket Friday after closing at $54.67 Thursday. The stock steadied near $55 as investors weighed strong defense growth against high spending and working-capital needs. U.S. equity markets will close Monday for Memorial Day. Kratos reported Q1 revenue up 22.6% to $371 million and raised its 2026 forecast.