Director William A. Hoglund of Kratos Defense & Security Solutions (NASDAQ:KTOS) sold 30,500 shares of common stock on April 1, 2026, in three separate transactions. The sales, executed under a pre-arranged 10b5-1 trading plan, totaled $2.17 million, with prices ranging from $70.1396 to $72.2617 per share.
The first transaction involved the sale of 13,103 shares at a weighted average price of $70.1396, with individual prices ranging from $70.00 to $70.95. The second sale consisted of 8,335 shares at an average price of $71.6763, with prices ranging from $71.06 to $72.05. The final transaction involved 9,062 shares sold at an average price of $72.2617, with prices ranging from $72.06 to $72.69.
Following these transactions, Hoglund still indirectly owns 252,500 shares of Kratos Defense & Security Solutions through a limited liability company.
In other recent news, Kratos Defense & Security Solutions has secured a contract with the Naval Surface Warfare Center for the production and delivery of Oriole solid rocket motors and Thrust Vector Control nozzle kits, potentially valued at $49.2 million. The contract includes a base award and options, with the rocket motor portion alone valued at $39.1 million. Additionally, Kratos has been selected by SKY Perfect JSAT Corporation to develop a 5G Non-Terrestrial Network ground system as part of their Universal NTN initiative. In collaboration with Airbus, Kratos is advancing an Uncrewed Collaborative Combat Aircraft system for the German Air Force, with a maiden flight anticipated later this year.
Kratos has also appointed David King to its board of directors, where he will serve on the Audit Committee, bringing over four decades of experience in the aerospace and defense sectors. Furthermore, Rocket Lab Corporation has won a $190 million contract for hypersonic test flights under a program led by Kratos. These developments highlight the company’s ongoing engagements in defense and aerospace projects.
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