Kratos Defense and Security Solutions (NASDAQ: KTOS) is a defense technology company that develops and produces products and systems for U.S. government and military customers. Revenue comes primarily from government contracts, with the U.S. Department of Defense as the principal end customer. The company is listed on the NASDAQ Global Select Market and filed its annual report for the fiscal year ended December 28, 2025 on February 23, 2026. The filing identifies material risk around changes, cutbacks, or delays in U.S. Department of Defense spending, which indicates high customer concentration in U.S. federal defense budgets. Beyond these structural facts, the filing excerpts provided do not supply segment revenue breakdowns, specific product lines, competitor names, geographic mix, founding year, or leadership details sufficient to characterize the business further with source-grounded precision.

Revenue model

Government contract revenue from the U.S. Department of Defense and related agencies. Contract structure details, including fixed-price versus cost-plus mix, are not supported by the provided filing excerpts.

Products and services

The filing excerpts do not provide sufficient detail to name specific products, platforms, or service lines.

Customers and end markets

Primary customer is the U.S. Department of Defense, as indicated by the material risk disclosure around DoD spending changes, cutbacks, and delays in the FY2025 10-K filed February 23, 2026. Further customer concentration data is not supported by the provided excerpts.

Value-chain role

Defense technology developer and systems producer supplying U.S. government and military customers directly under government contracts.

Geographic exposure

The filing excerpts do not provide geographic revenue breakdowns. Headquarters location is not confirmed by the usable excerpt text.

Source: SEC 10-K, filed 2026-02-23

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