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Kratos Defense Rallies Above Key Level On Upgrade, Q2 Beat, Outlook 'Comfort' Analyst.

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12:09 PM ET 08/05/2026

Kratos Defense rocketed higher early Wednesday as the defense contractor and drone maker won an upgrade after clearing Q2 views. KTOS stock, a significant holding among ARK Invest's ETFs, jumped back above its 50-day moving average. Kratos Defense (KTOS) reported a 91% increase in earnings to 21 cents per share adjusted, beating expectations for 14 cents per share. Revenue jumped…