CEO Eric DeMarco, Kratos Defense Insider Buys $71,700 of Shares on March 17, 2014

Eric DeMarco, CEO of Kratos Defense, bought 10,000 shares of Kratos Defense (Stock Symbol: KTOS) at $7.17 per share for a total amount of $71.7 thousand on March 17, 2014. Kratos Defense is headquartered in San Diego, California. On March 19, 2014, Kratos Defense announced that the Wall Street Analyst conducted an audio interview with Kratos’ President and CEO, Eric DeMarco. In the interview, Mr. DeMarco outlines Kratos’ execution of its strategy in building a technology and product based National Security business focused on unmanned systems, robotics, cyber security, satellite communications, electronic warfare and missile defense, where Kratos’ products and technology are “designed in” to some of our country’s critical National Security Programs. Mr. DeMarco also discusses Kratos’ Public Safety & Security Division, which provides critical infrastructure security solutions for certain of our country’s most important strategic assets and public venues. The interview provides an overview of the Company, certain of its products and technology, recent contract awards, an update of the Company’s achievements since the last WSA interview in 2012, and potential important events or catalysts for Kratos in 2014. On Mar. 11, 2014, Kratos Defense announced its latest quarterly results. Kratos Defense reported fiscal year 2013 Revenues of $950.6 million and Adjusted EBITDA of $100.3 million, or 10.6 percent. For the fourth quarter ended December 29, 2013, Kratos reported Revenues of $235.7 million, Adjusted EBITDA of $24.6 million or 10.4 percent, and Adjusted Free Cash Flow of $7.0 million. In the fourth quarter of 2013, Kratos generated a gross margin of 26.1 percent, the highest of fiscal 2013, as the revenue mix of high value add specialty products in the electronic warfare, intelligence, surveillance & reconnaissance (ISR) and satellite communications areas, where the Company is strategically focused, increased. According to Capital IQ, Kratos Defense has a market cap of $442.68 million, an enterprise value of $1.03 billion, and trailing 12 month revenues of $950.60 million. Kratos Defense & Security Solutions, Inc. provides mission critical products, solutions, and services primarily for the United States Government. The company operates in two segments, Kratos Government Solutions, and Public Safety and Security. The Kratos Government Solutions segment provides command, control, communications, computing, combat systems, intelligence, surveillance, and reconnaissance (C5ISR) products; solutions; and services primarily for strategic mission critical national security programs and priorities. This segment offers electronic warfare/attack and intelligence, reconnaissance, and surveillance; satellite command and control, satellite communications support, signal monitoring, interference detection, and geolocation; and unmanned aerial systems and unmanned ground systems. It also provides ballistic missile defense test and evaluation; cyber and IT; learning, performance, and training solutions; missile range operations and technical services; and weapon systems lifecycle sustainment, support, and extension services. In addition, this segment manufactures specialized tactical combat products, shelters, and enclosures for C5ISR systems, UAVs, modular data centers and critical infrastructure shelters, weapons systems, and warfighters. The Public Safety and Security segment provides integrated security solutions for homeland security, public safety, and critical infrastructure; and strategic assets for government, industrial, and commercial customers. This segment provides its solutions in various areas, such as the design, engineering, and operation of command and control centers; and the design, engineering, deployment, and integration of access control, building automation and control, communications, digital and closed circuit television security and surveillance, fire and life safety, maintenance, services, and product support services. The company was founded in 1994. Eric DeMarco’s most recent annual compensation from Kratos Defense is a salary of $1,040,000, $67,375 in other compensation, and a total compensation of $968,384. Mr. DeMarco is 50 years old. According to his biography, Mr. Eric M. DeMarco serves as President, Chief Executive Officer, Director of Kratos Defense & Security Solutions, Inc. He joined Kratos in November 2003 as President and Chief Operating Officer. Mr. DeMarco was appointed as a director and assumed the role of Chief Executive Officer effective April 1, 2004. Prior to joining the Company, Mr. DeMarco most recently served as President and Chief Operating Officer of The Titan Corporation (“Titan”), then a NYSE-listed corporation, prior to its acquisition by L-3 Communications. Prior to his being named President and Chief Operating Officer, Mr. DeMarco served as Executive Vice President and Chief Financial Officer of Titan. Prior to joining Titan, Mr. DeMarco served in a variety of public accounting positions primarily focusing on large multi-national corporations and publicly traded companies. Mr. DeMarco holds a B.S. in Business Administration and Finance, summa cum laude, from the University of New Hampshire. Under Mr. DeMarco, we successfully transitioned from a wireless communications company to a national defense and homeland security solutions business through both organic growth and strategic acquisitions. All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.