---
schema_version: "secwatch.filing_event.v1"
accession: "0001069258-26-000024"
form_type: "8-K"
ticker: "KTOS"
cik: "0001069258"
company_name: "KRATOS DEFENSE & SECURITY SOLUTIONS, INC."
filed_at: "2026-03-02T23:59:59+00:00"
generated_at: "2026-05-15T22:30:05.214273+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kratos closes $1.2B net equity offering of 14.3M shares at $84; over-allotment exercised

## Summary
- Priced 14,285,714 shares at $84.00; underwriters exercised option for 2,142,857 additional shares.
- Net proceeds of ~$1.173B to fund capex, R&D, balance sheet, M&A (Nomad, Orbit), general corporate.
- Baird, Raymond James, RBC Capital Markets, Truist Securities acted as joint book-running managers.
- Offering closed March 2, 2026; shares sold via effective shelf registration on Form S-3ASR.
- Use includes scaling operations for DoD/National Security programs and strategic acquisitions.

## SEC filing metadata
- accession: 0001069258-26-000024
- form_type: 8-K
- ticker: KTOS
- cik: 0001069258
- company_name: KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
- filed_at: 2026-03-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069258/000106925826000024/0001069258-26-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069258/000106925826000024/ktos-20260226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001069258-26-000024
- JSON: https://secwatch.observer/filing/0001069258-26-000024.json
- Plain text: https://secwatch.observer/filing/0001069258-26-000024.txt

## Key facts
- Material Agreements
  KRATOS DEFENSE & SECURITY SOLUTIONS, INC. entered into Underwriting Agreement with Robert W. Baird & Co. Incorporated, as representative of the several underwriters valued at $84.00 per share (effective 2026-02-26).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Robert W. Baird & Co. Incorporated, as representative of the several underwriters
  - Value: $84.00 per share
  - Effective: 2026-02-26
  source text: On February 26, 2026, Kratos Defense & Security Solutions, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Robert W. Baird & Co. Incorporated, as representative of the several underwriters named therein
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069258/000106925826000024/0001069258-26-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.