BlackRock, Inc. Increases Stake in Kratos Defense & Security Solutions, Inc.

BlackRock, Inc. has filed a Schedule 13G/A amendment with the SEC, disclosing an increased ownership stake in Kratos Defense & Security Solutions, Inc. As of September 30, 2025, BlackRock beneficially owns 21,491,945 shares of Kratos common stock, representing 12.7% of the total outstanding shares. This marks an increase in value by 48.07% compared to the previous filing, although the number of shares held decreased by 17.25%. The filing indicates that BlackRock acquired these shares in the ordinary course of business and not with the intent to influence control of Kratos. The shares are held by various business units of BlackRock, and no single entity owns more than 5% of the total outstanding shares. The filing was signed by Spencer Fleming, Managing Director of BlackRock, on October 17, 2025.