Kratos Projects Strong Revenue Growth for 2025 Amid Key Developments

Published 5 hours agoKTOS

Kratos Projects Strong Revenue Growth for 2025 Amid Key Developments

Kratos Defense & Security Solutions, Inc. has outlined an optimistic financial projection for 2025, forecasting a 10% rise in organic revenue. This prediction follows a significant 9.6% increase in revenue in 2024. As Kratos looks to build on this momentum, the company is gearing up to meet growing demand, particularly in its Rocket Systems and Hypersonic businesses, by expanding its manufacturing capabilities.

Reuters reported that a major boost to Kratos' revenue expectations comes from its recent contract for the Multi-Service Advanced Capability Hypersonic Test Bed (MACH TB) program. This five-year, $1 billion deal aims to strengthen the nation's hypersonic technology arsenal. Additionally, Kratos' Unmanned Systems segment marked impressive performance with 27.5% growth in 2024, generating $270.5 million in revenue, indicating robust interest in its tactical drone offerings.

In 2024, Kratos reported total revenues of $1.136 billion, a growth driven by strategic investments and successful contract wins. The company concluded the year with a net income of $16.3 million and a GAAP earnings per share of $0.11. Looking forward, Kratos aims to capitalize on the expanding market needs and its strengthened position in defense technology with strategic growth initiatives in the hypersonic and unmanned sectors.

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