Kratos Defense Prices $1.2 Billion Stock Offering at $84 Per Share
Kratos Defense & Security Solutions Inc. has priced a public offering of 14.3 million shares at $84 each, aiming for net proceeds of approximately $1.17 billion. The offering will close on March 2, 2026, pending customary conditions. Proceeds will support capital expenditures, product development, and acquisitions. Underwriters include Baird, Raymond James, RBC Capital Markets, and Truist Securities.
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Kratos Defense & Security Solutions Inc. announced a public offering of 14.3 million shares at $84.00 per share, targeting net proceeds of about $1.17 billion after discounts. The offering is set to close on March 2, 2026.
The company plans to use proceeds for scaling operations, investing in product development, strengthening its balance sheet for future contracts, and funding recent acquisitions. Underwriters have a 30-day option for an additional 2.14 million shares. Baird, Raymond James, RBC Capital Markets, and Truist Securities are managing the offering.
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