Kratos Defense & Security
KTOS · NASDAQ · Industrials
$46.16
$0.79 (-1.72%) today
Market Cap
$8.67B
24h Volume
$139.8M
P/E Ratio
271.5
52w High
$130.72
52w Low
$43.88
Est. AI Revenue
20%
7-Day Sparkline (Static)
Company facts
Performance
About Kratos Defense & Security
Kratos Defense & Security builds affordable defense systems. It makes money selling unmanned aircraft, target drones, satellite communications, and hypersonic systems to the US military and allied customers.
Its best known program is the Valkyrie, the XQ-58A autonomous combat drone designed to fly alongside piloted fighters at low cost. Around it sit AI target systems used for training and testing, and drone swarm AI for coordinating groups of unmanned aircraft.
Founded in 1994 and headquartered in Oklahoma City, Oklahoma, Kratos trades on the NASDAQ and employs about 4,300 people.
Kratos Defense & Security in the AI buildout
Kratos sits in the Defense & Aerospace AI and Autonomous Vehicles layers of the AI buildout. Its Valkyrie drone is a leading candidate for AI-enabled collaborative combat aircraft, the concept of autonomous wingmen flying with piloted jets, and its swarm work extends that autonomy to groups. That is the upside case. Today's revenue is mostly conventional defense hardware and services, so its AI exposure is concentrated in programs that are still scaling rather than in current sales.
KTOS is tracked in Defense & Aerospace AI and Autonomous Vehicles, rated Growing on the AI Exposure leaderboard.
By the numbers
52-week range
KTOS trades at $46.16, 3% of the way up its 52-week range of $43.88 to $130.72.
Market cap
Market capitalization is $8.67B, with an AI Exposure Score of 45 out of 100.
Valuation vs peers
Its P/E ratio of 271.5 is above the Defense & Aerospace AI category median of 30.2.
Next earnings
Kratos Defense & Security is next expected to report earnings on November 3, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Kratos Defense & Security do?
Kratos builds low-cost defense systems: autonomous combat drones like the Valkyrie, target drones, satellite communications, and hypersonic systems for the US military and allies.
How is Kratos exposed to AI?
Through autonomy programs. The Valkyrie and drone swarm AI position it for collaborative combat aircraft, but most current revenue is conventional defense work. Supercycle rates it an AI Exposure Score of 45 out of 100.
What is the Valkyrie drone?
The XQ-58A Valkyrie is Kratos's low-cost autonomous combat drone, designed to fly alongside piloted fighters as an AI-enabled wingman. It anchors the company's collaborative combat aircraft ambitions.
What sector and categories is KTOS in?
Kratos is in the Industrials sector. On Supercycle it is categorized under Defense & Aerospace AI and Autonomous Vehicles, reflecting its autonomous drones and defense systems.
Where is Kratos based and who leads it?
Kratos is headquartered in Oklahoma City, Oklahoma, and is led by CEO Eric DeMarco. The company was founded in 1994 and employs about 4,300 people.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.