Kratos prices 14.3 million share offering at $84.00 per share, raising about $1.17 billion net
Kratos Defense & Security Solutions priced a firm underwritten public offering of 14,285,714 common shares at $84.00 each, and the underwriters exercised their 30-day option in full on February 27, 2026. The offering was completed on March 2, 2026, with expected net proceeds of about $1,172,999,977. The company says it will use the proceeds for capital expenditures, product development, balance sheet strengthening, the recent Nomad acquisition, the pending Orbit acquisition and other strategic M&A, which means existing shareholders will own a larger share of the company.
Key points
- Priced 14,285,714 shares at $84.00 per share; underwriters exercised option for an additional 2,142,857 shares in full on February 27, 2026
- Expected net proceeds of approximately $1,172,999,977 after underwriting discounts and commissions
- Offering closed March 2, 2026; Robert W. Baird & Co. acted as representative of the underwriters
- Proceeds earmarked in part for the recent Nomad acquisition and the pending Orbit acquisition
The filing
Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 02, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.