Kratos's first quarter of fiscal 2026 was a beat-and-raise. Revenue hit $371 million, up 22.6% total and 15.8% organically, driven by unmanned systems, defense and rocket support, turbine tech and microwave products. Backlog hit a record at about $2 billion, book‑to‑bill 1.6‑to‑1. Adjusted EBITDA was $38.7 million, above the $25‑30 million range we guided. Full‑year revenue guide lifted to $1.70‑1.76 billion, an estimated 15‑19% organic growth. Cash sits at $1.46 billion, no debt. Think affordability. Okay? All right?
← stream@KTOS solid