Kratos Defense & Security Solutions (KTOS) Defies Market Weakness. The Stock is Being Added to the S&P SmallCap 600 Index.
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Kratos Defense & Security Solutions (KTOS) is notably strong on a weak day. The stock is being added to the S&P SmallCap 600 Index, which should attract institutional investors. KTOS is a defense company specializing in the development and manufacturing of military hardware products and systems. Recent larger orders came from the areas of hypersonic technology, particularly through the Mach-TB 2.0, as well as from unmanned systems and drones. Kratos has also received new contracts for its target drones and hypersonic targets, supported...
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