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Kratos Defense ( (KTOS) ) has shared an update.
Kratos Defense & Security Solutions completed the acquisition of Israeli firm Orbit Technologies Ltd. on March 2, 2026, following a merger agreement initially signed on November 4, 2025. Orbit, previously listed on the Tel Aviv Stock Exchange, now operates as an indirect wholly owned subsidiary of Kratos through its U.K.-based holding structure.
The company paid approximately $352.7 million in cash, funded entirely from its balance sheet, valuing Orbit at $13.725 per ordinary share. As part of the transaction, all outstanding Orbit stock options became fully vested and were canceled in exchange for cash, providing a clean ownership structure and consolidating control under Kratos while delivering liquidity to former Orbit shareholders and option holders.
The most recent analyst rating on (KTOS) stock is a Hold with a $91.00 price target. To see the full list of analyst forecasts on Kratos Defense stock, see the KTOS Stock Forecast page.
Spark’s Take on KTOS Stock
According to Spark, TipRanks’ AI Analyst, KTOS is a Neutral.
KTOS scores in the low-to-mid range: financial performance is held back by inconsistent profitability and choppy free cash flow (plus limited visibility from irregular 2025 statement data), and valuation is a major headwind due to an extremely high P/E. These negatives are partly offset by a constructive earnings call with strong backlog and upbeat 2026 growth guidance, while technicals remain weak in the near term.
To see Spark’s full report on KTOS stock, click here.
More about Kratos Defense
Kratos Defense & Security Solutions is a defense and security company focused on advanced technology systems, including defense electronics and related services for government and commercial customers. Through its subsidiaries, the company expands its international footprint and capabilities by acquiring strategic assets in complementary defense and aerospace markets.
Average Trading Volume: 3,884,414
Technical Sentiment Signal: Buy
Current Market Cap: $15.98B
For detailed information about KTOS stock, go to TipRanks’ Stock Analysis page.