Shares of Kratos Defense & Security Solutions, Inc. (KTOS) are climbing about 10 percent on Thursday morning after the company received an approximate $36 million sole-source contract award for a new air defense missile system.The company's shares are currently trading at $58.63 on the Nasdaq, up 10.32 percent. The stock opened at $55.41 and has climbed as high as $58.63 so far in today's session. Over the past year, it has traded in a range of $42.81 to $134.00. Subscribe to continue reading the article. ...

SAN DIEGO, July 02, 2026 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in the defense, national security and global markets, today announced that it has recently received an approximate $36 million sole-source contract award for a new air defense missile system. Kratos is a recognized industry leader in the rapid engineering, development and production at scale of affordable military-grade hardware, products and systems, including for hypersonic, missile, ...