secwatch.observer — SEC 8-K summary
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Issuer:     KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
CIK:        0001069258
Form:       8-K
Filed at:   2026-03-02T23:59:59+00:00
Accession:  0001069258-26-000024
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069258/000106925826000024/0001069258-26-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069258/000106925826000024/ktos-20260226.htm
  HTML page:      https://secwatch.observer/filing/0001069258-26-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer