Jarvis, Kratos defense director, sells $442k in shares

INVESTING.COMFeb 14, 12:22 AM UTC
Jarvis, Kratos defense director, sells $442k in shares

Director Jarvis Scot B of Kratos Defense & Security Solutions (NASDAQ:KTOS) sold 5,000 shares of common stock on February 12, 2026, at a price of $88.4, for a total transaction value of $442,000.

Following the transaction, Jarvis Scot B directly owns 95,417 shares of Kratos Defense & Security Solutions. The sale was executed under a pre-arranged 10b5-1 trading plan adopted on September 15, 2025.

In other recent news, Kratos Defense & Security Solutions announced its continued support for Champion Tire & Wheel’s NASCAR logistics operations for the 2026 season. The company will deploy its automated truck platooning technology, which features a human-driven lead vehicle paired with an automated follower. Additionally, Kratos has been selected to participate in the initial phase of the Pentagon’s Drone Dominance Program, a significant development for the company. This program aims to evaluate platforms capable of executing multiple one-way attack missions, with potential prototype delivery awards for successful participants.

Kratos has also opened a new 55,000-square-foot hypersonic manufacturing and payload integration facility in Princess Anne, Maryland. This facility will support hypersonic testing operations for the MACH-TB 2.0 program and other military customers. Furthermore, Stifel has raised its price target for Kratos Defense & Security from $112 to $134, maintaining a Buy rating on the stock. The increase reflects positive order momentum in Valkyrie drones and progress in the company’s hypersonic testing program.

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