The Globe and Mail
The rising demand for advanced missile systems worldwide, driven by growing defense budgets and the rapid modernization of military arsenals, is fueling growth opportunities for missile-focused defense contractors. As nations are increasingly investing in varied missile products ranging from hypersonic weapons to multi-use aerial targets, Kratos Defense & Security SolutionsKTOS stands to gain from the aforementioned demand trend.
The company’s offerings play a key role in U.S. missile defense initiatives, from enabling real-world testing of hypersonic systems to supplying ground hardware for missile launch platforms.
In recent months, Kratos has strengthened its standing in the missile defense space with notable developments. In May 2025, the company’s Aegis Readiness Assessment Vehicle Type B (ARAV-B) medium-range ballistic missile target was successfully launched and intercepted during NATO’s Formidable Shield 25 exercise, highlighting the reliability of its threat-representative targets.
