Quick Win by the Algorithm: Kratos Defense & Security Solutions, Inc.

Quick Win by the Algorithm

Kratos Defense & Security Solutions, Inc. (KTOS)

Kratos Defense & Security Solutions, Inc. is considered to be a leading National Security Solutions provider in the World. The company focuses mostly on unmanned systems, satellite communications, microwave electronics, missile defense and combat systems and on cyber security. Kratos has about 2,600 engineering and technically oriented employees and performs most of its work in specially equipped locations such as military bases and secure facilities. National Security related agencies are among its primarily customers.

quick win

It should be noticed that Kratos’s success on the stock market is not accidental. On March 15 it was announced that its Modular Systems Division received contract awards of $10.5 million in missile defense, radar system and specialty product orders. Modular Systems Division produces products that support unmanned aerial, missile defense, radar, intelligence surveillance and other systems. It was decided that additional information about the contracts would not be revealed to the public due to customer related and other considerations.

In addition, on March 28 it was announced that Defense & Rocket Support Services Division of Kratos, a member of the Trabus Technologies, Inc. team received an award of $7,419,653 Indefinite Delivery Indefinite Quantity contract supporting SSC Pacific Code 551. This contract is expected to bring the total contract value to $12,597,022 and runs through March 2016. Under the seven million dollars contract the Kratos will provide engineering, programmatic and technical services for airborne communication and networking systems.

The Vice President for Kratos’ Military Services Business Unit, Mr. Timothy Harmon, said, “Kratos has a highly knowledgeable staff with extensive experience supporting engineering, design and analysis of satellite communications (SATCOM) systems.  Kratos has a proven track record of providing advanced SATCOM solutions to the U.S. Navy.”

The resent researches prove that defense stocks are comparatively safe for investors when markets are going down. It happens because defense stocks are mostly not affected by the news and events that drive other stocks lower. Defense stocks display growth even when there is no war because military technology is constantly improving and developing, since there is a constant need of updating the arms and ammunitions used by governments’ security forces.