Jarvis Scot B, a director at Kratos Defense & Security Solutions (NASDAQ:KTOS), completed a sale of 5,000 common shares on February 12, 2026. The shares were transacted at $88.40 each for an aggregate value of $442,000. Following the disposition, Jarvis directly holds 95,417 shares of Kratos stock.
The disposition was carried out pursuant to a pre-arranged 10b5-1 trading plan that the director adopted on September 15, 2025. The use of a 10b5-1 plan indicates the trade occurred under previously established parameters rather than as an ad hoc decision.
Corporate developments
Kratos also disclosed several operational developments that it says support its business momentum. The company confirmed it will continue to provide support for Champion Tire & Wheel’s NASCAR logistics operations for the 2026 season through deployment of its automated truck platooning technology. The platooning approach pairs a human-driven lead vehicle with an automated follower vehicle.
In addition, Kratos has been selected to participate in the initial phase of the Pentagon’s Drone Dominance Program. The program, as described, is intended to evaluate platforms capable of conducting multiple one-way attack missions, and it may offer prototype delivery awards to participants that meet program objectives.
On the hypersonics front, Kratos opened a 55,000-square-foot facility in Princess Anne, Maryland, dedicated to hypersonic manufacturing and payload integration. The company stated the site will support hypersonic testing operations for the MACH-TB 2.0 program and other military customers.
Reflecting these developments, Stifel raised its price target for Kratos from $112 to $134 and kept a Buy rating on the shares. The firm cited positive order momentum in Valkyrie drones and progress in Kratos’ hypersonic testing program as reasons for the higher target and maintained recommendation.
Summary of the transaction
- Seller: Jarvis Scot B, director
- Shares sold: 5,000
- Sale date: February 12, 2026
- Price per share: $88.40
- Total value: $442,000
- Remaining direct ownership: 95,417 shares
- Trading plan: 10b5-1 adopted September 15, 2025