Kratos Defense & Security Solutions Prices Public Offering of Common Stock

The company expects to raise over $1.1 billion to fund growth initiatives and strategic acquisitions.

Published on Feb. 27, 2026

Kratos Defense & Security Solutions, Inc., a technology and defense company, announced the pricing of a public offering of 14,285,714 shares of its common stock at $84.00 per share. The company expects to raise approximately $1,172,999,977 in net proceeds from the offering, which it plans to use for capital expenditures, product development, balance sheet strengthening, and funding recent and pending acquisitions.

Why it matters

This public offering will provide Kratos with significant capital to invest in its core business areas, including defense, national security, and commercial markets. The funds will enable the company to scale operations, develop new products and systems, and pursue strategic acquisitions to drive growth and better serve its customers.

The details

Kratos is selling all of the shares in the offering, which is expected to close on March 2, 2026, subject to customary closing conditions. The company has also granted the underwriters a 30-day option to purchase up to an additional 2,142,857 shares. Kratos plans to use the net proceeds for capital expenditures, product development, balance sheet strengthening, and funding recent and pending acquisitions, as well as for general corporate purposes.

  • The public offering is expected to close on March 2, 2026.
  • Kratos has granted the underwriters a 30-day option to purchase additional shares.

The players

Kratos Defense & Security Solutions, Inc.

A technology, hardware, products, system and software company addressing the defense, national security, and commercial markets.

Baird

One of the joint book-running managers for the offering.

Raymond James

One of the joint book-running managers for the offering.

RBC Capital Markets

One of the joint book-running managers for the offering.

Truist Securities

One of the joint book-running managers for the offering.

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What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This public offering will provide Kratos with significant capital to invest in its core business areas, enabling the company to scale operations, develop new products and systems, and pursue strategic acquisitions to drive growth and better serve its customers in the defense, national security, and commercial markets.