
Kratos Defense Shareholders Approve Governance and Capital Changes

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At its annual meeting, Kratos Defense shareholders approved governance and capital changes, including increasing authorized common shares and expanding the 2023 Equity Incentive Plan. All nominated directors were re-elected, and Deloitte & Touche LLP was ratified as the independent auditor. The latest analyst rating for KTOS stock is a Buy with a $145.00 price target, though concerns about cash generation and a high P/E ratio persist. Kratos Defense specializes in advanced defense systems for the U.S. and allied militaries.
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