Astronics and Kratos Defense Compete in Aerospace Market

Comparing the performance and outlook of these two aerospace companies

Mar. 19, 2026 at 8:10am

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Astronics (NASDAQ:ATRO) and Kratos Defense & Security Solutions (NASDAQ:KTOS) are both aerospace companies, but which one is the better investment? The article contrasts the two businesses based on factors like analyst recommendations, earnings, profitability, institutional ownership, dividends, valuation, and risk.

Why it matters

The aerospace industry is highly competitive, and understanding the relative strengths and weaknesses of major players like Astronics and Kratos can help investors make informed decisions about where to allocate their capital.

The details

Astronics has higher earnings but lower revenue than Kratos. Astronics also trades at a lower price-to-earnings ratio, indicating it may be more affordable. However, Kratos has stronger institutional ownership and a higher beta, suggesting it may be more volatile. The article also compares the companies' net margins, return on equity, and return on assets.

  • The article was published on March 19, 2026.

The players

Astronics Corporation

An aerospace company that designs and manufactures products for the aerospace, defense, and electronics industries.

Kratos Defense & Security Solutions, Inc.

An aerospace and defense company that provides mission-critical products, services, and solutions for U.S. national security priorities.

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The takeaway

Investors looking to gain exposure to the aerospace industry will need to carefully evaluate the relative strengths and weaknesses of companies like Astronics and Kratos to determine which one best fits their investment objectives and risk tolerance.