William A. Hoglund, who serves on the board of Kratos Defense & Security Solutions (NASDAQ:KTOS), completed the sale of 30,500 shares of the companys common stock on April 1, 2026. The disposals were carried out in three distinct transactions under a pre-arranged 10b5-1 trading plan and generated approximately $2.17 million in proceeds. Per the filing, the executed prices spanned from $70.1396 to $72.2617 per share.
The first block comprised 13,103 shares sold at a weighted average price of $70.1396, with individual trade prices noted between $70.00 and $70.95. The second tranche consisted of 8,335 shares at an average of $71.6763 per share, with per-share prices ranging from $71.06 to $72.05. The final transaction included 9,062 shares sold at a weighted average price of $72.2617, and the price range for that tranche was $72.06 to $72.69.
Following these sales, Hoglund remains an indirect holder of 252,500 shares of Kratos stock through a limited liability company. The transactions were reported as routine sales executed under the director's pre-established trading arrangement.
Separately, Kratos disclosed several corporate developments that underscore ongoing commercial activity across defense and aerospace programs. The company said it was awarded a contract by the Naval Surface Warfare Center to manufacture and deliver Oriole solid rocket motors along with Thrust Vector Control nozzle kits. The award is potentially valued at $49.2 million, which includes a base award and options; the rocket motor segment of the contract is valued at $39.1 million.
Kratos also was selected by SKY Perfect JSAT Corporation to develop a 5G Non-Terrestrial Network ground system as part of SKY Perfet JSATs Universal NTN initiative. In addition, the company is advancing an Uncrewed Collaborative Combat Aircraft system in partnership with Airbus for the German Air Force, with a maiden flight expected later this year.
On the corporate governance front, Kratos added David King to its board of directors. King will serve on the Audit Committee and, according to the announcement, brings over four decades of experience in the aerospace and defense sectors.
Finally, the company noted that Rocket Lab Corporation secured a $190 million contract for hypersonic test flights under a program led by Kratos. Taken together, these items illustrate a series of awards, selections, and partnerships that reflect Kratoss active role in several defense- and aerospace-related initiatives.