Kratos Defense & Security Solutions Inc.
(NASDAQ:KTOS) shares are trending on Friday.
KTOS climbed 5.84% to $69 in after-hours trading on Thursday.
The stock of the California-based unmanned systems and defense technology firm surged 13.77% intraday to $65.19, according to Benzinga Pro data.
Government Capital Enters The Drone Sector The move followed a Wednesday report revealing the Trump administration is in active discussions to take equity and debt stakes in select domestic drone manufacturers, with the Pentagon's Office of Strategic Capital leading talks on a mix of debt and equity financing.
