Kratos Defense Moves HQ, Elects New Director
Ticker: KTOS · Form: 8-K · Filed: Oct 7, 2024 · CIK: 1069258
| Field | Detail |
|---|---|
| Company | Kratos Defense & Security Solutions, INC. (KTOS) |
| Form Type | 8-K |
| Filed Date | Oct 7, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-move, executive-changes, board-changes
TL;DR
Kratos Defense is moving its HQ to Texas and making board/exec comp changes.
AI Summary
Kratos Defense & Security Solutions, Inc. announced on October 4, 2024, a change in its principal executive offices from San Diego, CA to Round Rock, TX. The company also reported on the departure of a director and the election of a new director, along with updates to executive compensation arrangements.
Why It Matters
The relocation of Kratos Defense's principal executive offices could signal strategic shifts or cost-saving measures. Changes in board composition and executive compensation can impact future company direction and shareholder value.
Risk Assessment
Risk Level: medium — Relocations and executive changes can introduce operational and strategic risks, though the filing doesn't detail specific financial impacts.
Key Players & Entities
- KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (company) — Registrant
- San Diego, CA (location) — Former principal executive offices
- Round Rock, TX (location) — New principal executive offices
- October 4, 2024 (date) — Date of earliest event reported
FAQ
What is the new address for Kratos Defense's principal executive offices?
The new address for Kratos Defense's principal executive offices is 1 Chisholm Trail, Round Rock, TX 92131.
When was the change in principal executive offices effective?
The change in principal executive offices was effective as of October 4, 2024.
What other items are reported in this 8-K filing?
This 8-K filing also reports on the departure of a director, the election of a director, and compensatory arrangements of certain officers.
What was the former address of Kratos Defense's principal executive offices?
The former address of Kratos Defense's principal executive offices was 10680 Treena Street, Suite 600, San Diego, CA 92131.
What is the SIC code for Kratos Defense & Security Solutions, Inc.?
The Standard Industrial Classification (SIC) code for Kratos Defense & Security Solutions, Inc. is 3760, which corresponds to Guided Missiles & Space Vehicles & Parts.
Filing Stats: 456 words · 2 min read · ~2 pages · Grade level 12.2 · Accepted 2024-10-04 20:08:12
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value KTOS The NASDAQ Global Select
Filing Documents
- ktos-20241002.htm (8-K) — 22KB
- 0001069258-24-000054.txt ( ) — 141KB
- ktos-20241002.xsd (EX-101.SCH) — 2KB
- ktos-20241002_lab.xml (EX-101.LAB) — 21KB
- ktos-20241002_pre.xml (EX-101.PRE) — 12KB
- ktos-20241002_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: October 4, 2024 Kratos Defense & Security Solutions, Inc. By: /s/ Marie Mendoza Marie Mendoza Senior Vice President, General Counsel & Secretary