secwatch.observer — SEC 8-K summary
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Issuer:     KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
CIK:        0001069258
Form:       8-K
Filed at:   2026-03-06T23:59:59+00:00
Accession:  0001069258-26-000026
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.01, 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kratos completes $352.7M cash acquisition of Orbit Technologies at $13.725/share
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- Kratos paid $352.7M in cash for 100% of Orbit at $13.725 per share.
- Orbit became an indirect wholly owned subsidiary; all Orbit options were canceled for cash.
- Transaction closed on March 2, 2026, funded entirely from Kratos balance sheet cash.
- Orbit's shares were previously listed on the Tel Aviv Stock Exchange, now delisted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069258/000106925826000026/0001069258-26-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069258/000106925826000026/ktos-20260302.htm
  HTML page:      https://secwatch.observer/filing/0001069258-26-000026

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