Marie Mendoza, SVP & General Counsel at Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), sold 1,518 shares of common stock on March 16, 2026, for a total of $134,882. The sales occurred at prices ranging from $87.548 to $90.95.
The transactions were executed under a pre-arranged 10b5-1 trading plan adopted on March 17, 2025.
Following the reported transactions, Mendoza directly owns 67,926 shares of Kratos Defense & Security Solutions, Inc. common stock. This total includes 2,251 shares purchased through the company’s Employee Stock Purchase Plan and approximately 14,239 shares held through the company’s 401(k) Plan.
In other recent news, Rocket Lab Corporation has secured a significant $190 million contract to conduct 20 hypersonic test flights for the U.S. Department of Defense’s MACH-TB 2.0 program. This contract is noted as Rocket Lab’s largest single launch agreement, with the missions set to occur over the next four years. Meanwhile, Kratos Defense & Security Solutions, in collaboration with Airbus, is advancing an uncrewed combat aircraft system for the German Air Force, with a maiden flight anticipated later this year. Additionally, Kratos has received a $7 million contract for a Counter-UAS System designed to detect and track aerial threats.
In financial developments, Kratos announced a $1.17 billion equity share offering, which led Stifel to maintain its Buy rating and a $134.00 price target on the company’s stock. These recent developments come amid increased interest in defense stocks, driven by escalating tensions involving the U.S., Israel, and Iran, which have impacted global markets. The ongoing geopolitical situation has notably influenced the defense sector, leading to heightened investor attention.
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