Kratos Stock Gets a Fresh Hypersonic Catalyst After Q1 Beat and Raised Outlook
Kratos Defense & Security Solutions selected Odon, Indiana, for a new hypersonic materials test facility, two days after raising its 2026 revenue outlook. The company reported Q1 revenue of $371 million, up 22.6% year-over-year, and bookings of $605.2 million. Kratos shares closed Friday at $57.89. The new site will support Project Helios, focused on testing materials for hypersonic systems.