---
title: "Kratos Defense Shareholders Approve Governance and Capital Changes"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286616880.md"
description: "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."
datetime: "2026-05-15T21:09:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286616880.md)
  - [en](https://longbridge.com/en/news/286616880.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286616880.md)
---

# Kratos Defense Shareholders Approve Governance and Capital Changes

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An update from Kratos Defense ( (KTOS) ) is now available.

At its annual meeting on May 12, 2026, Kratos Defense shareholders re-elected all nominated directors and ratified Deloitte & Touche LLP as the independent auditor for the fiscal year ending December 27, 2026. Holders of 163,944,621 shares were represented in person or by proxy out of 187,333,628 shares outstanding.

Investors also approved increasing authorized common shares from 195 million to 245 million and adopted an officer exculpation amendment to the certificate of incorporation. In addition, shareholders expanded the 2023 Equity Incentive Plan by 6.9 million shares and backed, on an advisory basis, the compensation of the company’s named executive officers, underscoring broad support for management and its capital and governance plans.

The most recent analyst rating on (KTOS) stock is a Buy with a $145.00 price target. To see the full list of analyst forecasts on Kratos Defense stock, see the KTOS Stock Forecast page.

**Spark’s Take on KTOS Stock**

According to Spark, TipRanks’ AI Analyst, KTOS is a Neutral.

The score is held back primarily by weak cash generation (recent operating/free cash flow burn) and a sharp technical downtrend, with additional pressure from a very high P/E. Offsetting these are a strong balance sheet and a constructive earnings-call outlook featuring raised/updated growth targets, record backlog, and improving EBITDA trajectory, plus supportive (but execution-dependent) strategic events.

To see Spark’s full report on KTOS stock, click here.

**More about Kratos Defense**

Kratos Defense is a defense and national security solutions provider focused on advanced systems for the U.S. and allied militaries, including unmanned systems, space and satellite communications, and other technology-intensive products and services. The company targets missions requiring high-performance, affordable systems for government and defense customers worldwide.

**Average Trading Volume:** 4,475,973

**Technical Sentiment Signal:** Hold

**Current Market Cap:** $10.29B

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