Kratos Defense EVP & CFO Deanna Lund sells $341,474 in stock

Deanna H. Lund, the Executive Vice President and Chief Financial Officer of Kratos Defense & Security Solutions, Inc., sold 7,000 shares of the company's common stock on September 21, 2026, under a pre-arranged 10b5-1 trading plan adopted on June 13, 2026. The transactions totaled roughly $341,474. Two separate blocks of sales occurred on the same day; Lund sold 4,100 shares at an average price of $48.56 per share, and then sold an additional 2,900 shares at an average price of $49.0959 per share.

Following these sales, Lund held 273,511 shares of Kratos Defense & Security Solutions common stock, including 16,626 shares from the company's Employee Stock Purchase Plan and about 20,585 shares from the company's 401(k) Plan. Kratos Defense & Security Solutions reported robust second-quarter financial results with revenues of approximately $459 million, a 30% increase year-over-year.

Adjusted EBITDA was about $38.2 million, a 43% rise from the previous year. The company surpassed expectations with earnings per share, and management raised its revenue guidance for the third and fourth quarters. Analyst firms responded positively, with Canaccord raising its price target to $135 and Piper Sandler upgrading the stock to Overweight.

Guggenheim initiated coverage with a Buy rating, highlighting the company's strategic position in key defense areas.