Kratos Defense & Security Solutions (KTOS) Opens a A New Facility in British Columbia

​Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) is 1 of the Best Aerospace Stocks to Buy According to Analysts. On December 5, Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) opened a caller 10,000 quadrate ft installation dedicated to PT6A and PT6T motor overhaul successful British Columbia.

​Management noted that the size of the installation is designed specifically to grip the maintenance, repair, and overhaul of PT6A and PT6T engines. Both of these engines are fashionable turboprop and turboshaft models wide utilized successful aviation. Moreover, this caller installation volition besides let the institution to grow capabilities and amended services for its Canadian operations.

​Earlier connected December 1, Mike Crawford from B. Riley Securities upgraded Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) from Hold to Buy with a terms people of $105. The expert noted that the institution offers a amended risk/reward profile, chiefly owed to its proprietary IP that enables an array of affordable solutions. The expert besides highlighted the company’s strengths successful affordable and resilient C5ISR, hypersonics, and autonomy systems that tin alteration it to bushed expectations.

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops precocious technology, products, and systems for defense, nationalist security, and commercialized markets. It operates 2 main segments, including the Government Solutions and Unmanned Systems.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.