Flash FinanceUS
Market closed S&P 5007,549.94+2.35% Nasdaq25,253.14+2.74% Dow 3052,389.75+2.15% Russell 20002,840.81+3.15% Nasdaq-10027,907.62+3.40% MidCap 4003,715.23+3.13% SmallCap 6001,722.37+2.89% VIX19.92-22.31% 10Y Yield4.86+0.10% Close of Nov 09, 2026
AI brief of an SEC Form 8-K · Kratos Defense & Security Solutions (KTOS)

Kratos completes $352.7 million cash acquisition of Israeli firm Orbit Technologies

Neutral Impact 4 of 5 m&a Written later

Kratos Defense & Security Solutions completed its merger with Orbit Technologies on March 2, 2026, making Orbit an indirect wholly owned subsidiary. The purchase price was approximately $352.7 million in cash, funded from Kratos's balance sheet cash, at $13.725 per Orbit ordinary share. The filing does not report Orbit's financial results or the deal's effect on Kratos's earnings.

Key points

  • Merger completed March 2, 2026; Orbit ceased public trading on the Tel Aviv Stock Exchange
  • Purchase price of approximately $352.7 million in cash for 100 percent of Orbit's ordinary shares
  • Merger consideration of $13.725 per Orbit ordinary share, as set out in the November 4, 2025 merger agreement
  • Outstanding Orbit options were fully vested and cashed out at the merger consideration less exercise price

The filing

CompanyKratos Defense & Security Solutions (KTOS)
Form8-K, current report
Filed with the SECMar 6, 2026, 4:12 PM ET
Accession number0001069258-26-000026

Items reported: 2.01 Acquisition or Disposition Completed

Read the filing on SEC.gov ↗

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 06, 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.