Kratos Defense & Security Solutions
Drones, missile systems, directed energy, and command & control technology for defense customers.
Kratos Defense & Security Solutions is an American technology company headquartered in San Diego, CA, specializing in unmanned aerial vehicles (including the XQ-58 Valkyrie), missile systems, directed energy weapons, and military electronics. Founded in 1994, Kratos is publicly traded on Nasdaq under the ticker KTOS and reported $1.136B in revenue in FY2024 and $1.347B in FY2025 (16.6% organic growth); Q2 2026 revenue was $458.8M, +30.5% year-over-year. Eric DeMarco has served as President & CEO since April 2004 (the Tayebi brothers are historical co-founders, no longer in an operational role). The company is a key player in the Pentagon's attritable aircraft and low-cost cruise missile initiatives, producing jet engines through its TDI subsidiary and serving as a prime contractor on the Air Force's Gray Wolf program.
Overview
- Headquarters
- San Diego, CA
- Founded
- 1994
- Employees
- 3,600+
- Total funding
- Public (NASDAQ: KTOS)
- Valuation
- Public (NASDAQ: KTOS)
- Stage
- Public
- Status
- public
- Domains
- Unmanned aerial vehicles, Missile systems, Directed energy, C4ISR, Jet engines
- X / Twitter
- x.com/KratosDefense
- Website
- kratosdefense.com
Founders2
Investors0
No linked records yet.
Cap table2
Approximate ownership by holder. Indexed holders link to their records.
Percentages marked ~ are not disclosed. Some are a generic VC-pattern model (founders/team weighted heaviest, option pool lightest, other holders evenly) sized to whatever's left undisclosed — a standard industry shape, not this company's actual cap table.
| Holder | Instrument | Ownership |
|---|---|---|
Management & employees | Common/Options | ~50.0% |
Public float / institutional investors | Common | ~50.0% |
Contracts13
- ContractCCA Increment 2 small-class propulsion development (GEK1500)USAF contract to a GE Aerospace/Kratos Defense team to complete preliminary design of the GEK1500 small-class (1,500 lb thrust) engine for CCA Increment 2 and other autonomous collaborative platforms.
- ContractJavelin Next-Generation Seeker DevelopmentUS Army contract to Kratos to develop a next-generation infrared seeker for the FGM-148 Javelin missile system.
- ContractXQ-58 Valkyrie / MUX TACAIR CCA Prototype (Northrop Grumman team)USMC OTA contract to a Northrop Grumman-led team including Kratos to prototype an XQ-58 Valkyrie-based collaborative combat aircraft for MUX TACAIR.
- ContractAviation Training Simulator Task Orders (CH-47F, UH-60M, UH-1)Multiple task orders for CH-47F, UH-60M, and UH-1 aviation training simulators, total potential value ~$65 million.
- ContractAir Defense Missile System — Sole-Source AwardSole-source single-award contract, ~$36 million, for an air defense missile system.
- ContractHypersonic Thermal Protection System Test & EvaluationContract to streamline hypersonic materials development and test/evaluation of thermal protection systems.
- ContractValkyrie Mission System Integration (MUX TACAIR contract modification)USMC contract modification for XQ-58A/Valkyrie (MQ-58) mission systems and subsystems integration under MUX TACAIR.
- ContractMobile Counter-UAS (C-UAS) — Project Solar ShieldSole-source, single-award IDIQ for mobile Counter-Unmanned Aircraft System platforms protecting nuclear weapons/materials transport.
- ContractAdvanced Fire Control Ground Infrastructure (AFCGI)Prime contract to design, build, and operate ground infrastructure for the Space Development Agency's Advanced Fire Control mission set.
- ContractAN/SPY-1 Organic Sustainment Capability, Phase 1 (Project Anaconda)Single-award US Navy agreement to establish organic sustainment capability for AN/SPY-1 radar systems.
- ContractC-SAR Task Order — Evolved Strategic SATCOM (ESS) Ground System SupportUS Space Force task order under the C-SAR IDIQ for ground system support of Evolved Strategic SATCOM.
- ContractHypersonic System and National Security Program Funding (Nemesis/Kraken)New funding for hypersonic system and other national-security programs, internally codenamed Nemesis and Kraken.
- ContractMACH-TB 2.0 — Task Area 1 (Systems Engineering, Integration, and Testing)Five-year OTA for Systems Engineering, Integration, and Testing under the Joint Hypersonics Transition Office's MACH-TB 2.0 hypersonic testbed program — Kratos's largest contract award ever.
Programs0
No linked records yet.
Frequently asked
- What does Kratos Defense & Security Solutions do?
- Kratos Defense & Security Solutions is an American technology company headquartered in San Diego, CA, specializing in unmanned aerial vehicles (including the XQ-58 Valkyrie), missile systems, directed energy weapons, and military electronics. Founded in 1994, Kratos is publicly traded on Nasdaq under the ticker KTOS and reported $1.136B in revenue in FY2024 and $1.347B in FY2025 (16.6% organic growth); Q2 2026 revenue was $458.8M, +30.5% year-over-year. Eric DeMarco has served as President & CEO since April 2004 (the Tayebi brothers are historical co-founders, no longer in an operational role). The company is a key player in the Pentagon's attritable aircraft and low-cost cruise missile initiatives, producing jet engines through its TDI subsidiary and serving as a prime contractor on the Air Force's Gray Wolf program.
- Where is Kratos Defense & Security Solutions headquartered?
- Kratos Defense & Security Solutions is headquartered in San Diego, CA and was founded in 1994.
- What does Kratos Defense & Security Solutions specialize in?
- Kratos Defense & Security Solutions works across Unmanned aerial vehicles, Missile systems, Directed energy, C4ISR, Jet engines.
- Does Kratos Defense & Security Solutions hold government contracts?
- Defense Tech Atlas links Kratos Defense & Security Solutions to 13 government contracts.
Sources & citations5
Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.
- 1
Kratos Defense reported $1.2 billion in revenue in 2024 and is headquartered in San Diego, CA
Wikipedia: Kratos Defense & Security SolutionsVerified2026-06-15 - 2
Kratos is developing the XQ-58 Valkyrie unmanned combat air vehicle for the U.S. Air Force
Wikipedia: Kratos XQ-58 ValkyrieVerified2026-06-15 - 3
Kratos reports FY2025 revenue of $1.347B, 16.6% organic growth over FY2024's $1.136B
Kratos Defense (Official): Kratos Reports Fourth Quarter and Full Year 2025 Financial ResultsVerified2026 - 4
Kratos reports Q2 2026 revenue of $458.8M, +30.5% YoY
Kratos Defense (Official): Kratos Reports Second Quarter 2026 Financial ResultsVerified2026 - 5
Eric DeMarco, President and CEO of Kratos Defense since April 2004
Kratos Defense (Official): Leadership — Eric DeMarcoVerified2026