Kratos Defense & Security ( (KTOS) ) has released its Q4 earnings. Here is a breakdown of the information Kratos Defense & Security presented to its investors.
Kratos Defense & Security Solutions, Inc. is a technology company operating in the defense, national security, and commercial markets, known for its innovative and cost-effective solutions in unmanned systems, satellite communications, and other advanced technologies.
In its latest earnings report, Kratos Defense & Security announced a revenue growth of 9.6% for the full year 2024, reaching $1.136 billion, with significant contributions from its Unmanned Systems and Government Solutions segments. The company also reported a net income of $16.3 million, a notable improvement from the previous year’s loss.
Key financial highlights include a 27.5% growth in Unmanned Systems revenues, driven by increased drone sales, and a 5% growth in Government Solutions revenues. The company achieved a consolidated book-to-bill ratio of 1.5 to 1 in the fourth quarter, reflecting strong demand and future growth potential. Kratos also generated $45.6 million in cash flow from operations in the fourth quarter.
Looking ahead, Kratos is forecasting a 10% organic revenue growth for 2025 and anticipates further growth in 2026, supported by recent program awards. The company remains focused on strategic investments in its facilities and technologies to capitalize on emerging opportunities in the defense sector.