BUZZ-Kratos up after it breaks ground on Indiana payload integration facility

Reuters
19 Mar
BUZZ-Kratos up after it breaks ground on Indiana payload integration facility

** Shares of defence contractor Kratos Defense and Security Solutions KTOS.O up ~2% at $31.8 after the bell

** KTOS breaks ground on a $50 million hypersonic system Indiana payload integration facility

** Kratos says facility expected to create over 100 high-tech jobs; operational readiness expected by end of 2026

** Stock up 18.5% YTD

(Reporting by Juby Babu in Mexico City)

((Juby.Babu@thomsonreuters.com;))

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