Phillip D. Carrai, President of the STC Division at KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (NASDAQ:KTOS), sold common stock totaling $375,322 on June 15, 2026. These transactions were executed under a pre-arranged 10b5-1 trading plan, which was adopted on August 26, 2025.
Mr. Carrai disposed of a total of 6,500 shares of KRATOS DEFENSE & SECURITY SOLUTIONS common stock. These sales occurred across multiple transactions at prices ranging from $56.69 to $59.45 per share. Specifically, 2,700 shares were sold at an average price of $57.2995, 3,600 shares at an average price of $57.9992, and 200 shares at an average price of $59.085.
Following these transactions, Mr. Carrai directly holds 215,052 shares of KRATOS DEFENSE & SECURITY SOLUTIONS common stock. This direct holding includes 1,232 shares purchased through the company’s Employee Stock Purchase Plan and approximately 4,505 shares held through its 401(k) Plan. Additionally, an indirect holding of 46,644 shares is held by a trust.
In other recent news, Kratos Defense & Security Solutions announced the completion of a cross-country autonomous tractor-trailer platooning deployment. This operation involved transporting race equipment from Charlotte, North Carolina to Naval Base Coronado for the NASCAR Anduril 250 event, in collaboration with Champion Tire & Wheel. In another development, JPMorgan upgraded Kratos Defense’s stock rating from Neutral to Overweight, citing a compelling growth outlook and expanding margin rates as key factors. The firm noted recent contract wins and an expanding opportunity set as contributing to its increased confidence. Additionally, Kratos Defense has selected Odon, Indiana, as the site for a new hypersonic test facility under Project Helios, following a multi-state review process. This decision marks a significant milestone for the project, which aims to design and build advanced test capabilities. Furthermore, shares of Kratos Defense rose after reports of the Trump administration pursuing funding deals with domestic drone companies. These recent developments highlight Kratos Defense’s ongoing strategic initiatives and growth opportunities.
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