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KTOS

Kratos Defense

$12.12

-0.275 (-2.22%)

16:40
08/10/17
08/10
16:40
08/10/17
16:40

Kratos Defense reports successful flight tests for unmanned drone

Kratos Defense & Security Solutions recently completed a flight test series evaluating the next evolution of the UTAP-22 Mako Unmanned Aerial System that was first introduced and demonstrated in late 2015. The Mako has been enhanced with a suite of mission systems typically employed on manned aircraft and now integrated with the unmanned Mako drone system. By combining the Mako's autonomous capabilities previously demonstrated through single UAS, multi-UAS, and manned/unmanned collaborative operations with the latest mission set capability, the operational utility of the Mako is now established at the next level.For information on the introduction of the system and corresponding flight tests, see the Kratos Press releases regarding, "UTAP-22" from December 2015.

KTOS Kratos Defense
$12.12

-0.275 (-2.22%)

07/14/17
RHCO
07/14/17
DOWNGRADE
RHCO
Hold
Kratos Defense downgraded to Hold from Buy at SunTrust
07/11/17
RILY
07/11/17
NO CHANGE
Target $16
RILY
Buy
Kratos Defense price target raised to $16 from $11 at B. Riley
B. Riley analyst Mike Crawford raised his price target for Kratos Defense to $16 citing the Saudi contract win, rising defense budgets and tactical combat success. The analyst keeps a Buy rating on the shares.
07/06/17
ADAM
07/06/17
NO CHANGE
ADAM
Kratos Defense contract awards should be positive catalyst, says Canaccord
After Kratos Defense & Security announced two U.S. defense contracts, Canaccord analyst Ken Herbert calls the deals "significant" and says that they should provide a positive catalyst for the stock. However, he adds that the deals are probably largely factored into the company's fiscal 2017 guidance. Herbert keeps a $14 price target and a Buy rating on the shares.
06/09/17
ADAM
06/09/17
NO CHANGE
Target $14
ADAM
Buy
Kratos Defense shares have material upside, says Canaccord
Canaccord analyst Ken Herbert believes Kratos is increasing its profile and he expects it will continue to be one of the better performing small-cap defense stocks. The analyst believes there is a lack of awareness among investors of the stock, but as the company continues to deliver on its expectations, the stock has material upside. Herbert reiterated his Buy rating and $14 price target on Kratos Defense shares.

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