Kratos Defense stock highlights USD 33.6 million NASA contract

Kratos Defense stock is in focus after the company announced on Wednesday, October 28, a USD 33.6 million contract linked to NASA's Space Reactor-1 Freedom mission. Kratos Defense & Security Solutions said it will design, build and deliver the spacecraft's power conversion system.

The contract was announced by GlobeNewswire on behalf of Kratos. The company will execute the work as a subcontractor to Sierra Lobo under NASA's SpaceDOC III contract.

Power System Supports Deep-Space Mission

Kratos will provide a compact, space-qualified closed Brayton cycle power conversion system. The equipment is designed to convert heat from the spacecraft's fission reactor into electricity for propulsion and onboard operations.

NASA's SR-1 Freedom mission is targeted for launch in 2028. According to the announcement, the spacecraft is intended to travel beyond Earth's orbit toward Mars, demonstrate nuclear electric propulsion and deliver the SkyFall science payload. Kratos described the award as an addition to its work in advanced propulsion, power systems and hypersonics.

Investor Focus Shifts To Execution

The contract gives Kratos another program in which technical delivery and schedule execution will matter alongside the headline award size. Its importance for revenue will depend on the timing of work and subsequent program milestones rather than on the announcement alone.

Kratos Defense stock traded at EUR 36.79 on Lang & Schwarz at 18:39 CET on Friday, October 30, 2026. For the real-time quote of Kratos Defense stock, investors can follow the company's latest market listing.

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