By Amira McKee
Shares of Kratos Defense & Security Solutions climbed after the company unveiled a pact with the Pentagon to support the evaluation of thermal protection systems in its hypersonic vehicles.
The stock jumped 7.7% to $99.08 in Wednesday morning trading. The shares have more than tripled in value in the past year.
The aerospace and defense company said Wednesday that it will analyze various flight environments to develop standard testing techniques for hypersonic materials. The program aims to accelerate the evaluation, development, and transition of materials used in the thermal protection systems of hypersonic vehicles.
The test methodologies developed under the program can be used as a baseline for other similar aerothermal test facilities and will help hasten the deployment of the next-generation of U.S. hypersonic vehicle technologies, the company said.
Kratos did not disclose the value of the contract awarded through the U.S. Department of Defense's Joint Hypersonics Transition Office.
Write to Amira McKee at amira.mckee@wsj.com
(END) Dow Jones Newswires
February 18, 2026 11:26 ET (16:26 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments