Kratos Defense & Security Solutions, Inc. is an American aerospace and defense contractor that develops and fields technology, platforms, and systems primarily for the U.S. Department of Defense, intelligence agencies, and allied international governments. The company operates through two primary business segments: Kratos Government Solutions (KGS) and Unmanned Systems (US). The KGS segment, which generates the majority of the company's revenue (approximately 77%), encompasses microwave electronic products, space and satellite communications, cybersecurity, C5ISR (command, control, communications, computers, combat systems, intelligence, surveillance, and reconnaissance) systems, turbine technologies, and defense and rocket support services. The Unmanned Systems segment (approximately 23% of revenue) focuses on the design and production of jet-powered unmanned aerial drones, unmanned ground and seaborne systems, and related command and control systems.
Kratos is recognized for its presence in the tactical drone market, developing target drones and tactical systems that provide advanced capabilities for modern warfare. The company's business model emphasizes internally funded research and development to rapidly bring technologies to market, aiming to bypass traditional, lengthy defense procurement cycles. Geographically, while Kratos primarily serves the United States government, it also caters to international allies and commercial customers globally. The company's competitive position is supported by its focus on cost-effective manufacturing and strategic acquisitions that have expanded its capabilities in areas like hypersonics, directed energy, and advanced propulsion systems.