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Revenue Recognition (Tables)
6 Months Ended
Jun. 29, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Net Contract Assets and Liabilities
Net contract assets and liabilities are as follows (in millions):
June 29, 2025December 29, 2024Net Change
Contract assets$256.6 $206.3 $50.3 
Contract liabilities$77.3 $76.3 $1.0 
Net contract assets$179.3 $130.0 $49.3 
Schedule of Disaggregation of Revenue
The following series of tables presents the Company’s revenue disaggregated by several categories. For the majority of contracts, revenue is recognized over time as work is performed on the contract.

Revenue by contract type was as follows (in millions):
Three Months EndedSix Months Ended
June 29, 2025June 30, 2024June 29, 2025June 30, 2024
Kratos Government Solutions
Fixed price$170.3 $139.7 $336.8 $285.4 
Cost plus fee94.8 58.2 152.8 116.8 
Time and materials13.2 16.4 28.2 29.9 
Total Kratos Government Solutions278.3 214.3 517.8 432.1 
Unmanned Systems
Fixed price59.2 71.7 111.8 115.6 
Cost plus fee13.1 12.6 22.9 26.1 
Time and materials0.9 1.5 1.6 3.5 
Total Unmanned Systems73.2 85.8 136.3 145.2 
Total Revenues$351.5 $300.1 $654.1 $577.3 
Revenue by customer was as follows (in millions):
Three Months EndedSix Months Ended
June 29, 2025June 30, 2024June 29, 2025June 30, 2024
Kratos Government Solutions
U.S. Government (1)
$186.7 $129.2 $336.1 $264.3 
International (2)
52.2 41.3 107.5 92.0 
U.S. Commercial and other customers39.4 43.8 74.2 75.8 
Total Kratos Government Solutions278.3 214.3 517.8 432.1 
Unmanned Systems
U.S. Government (1)
62.0 66.2 118.1 122.0 
International (2)
9.0 18.8 14.8 21.2 
U.S. Commercial and other customers2.2 0.8 3.4 2.0 
Total Unmanned Systems73.2 85.8 136.3 145.2 
Total Revenues$351.5 $300.1 $654.1 $577.3 
(1) Sales to the U.S. Government include sales from contracts for which the Company is the prime contractor, as well as those for which the
Company is a subcontractor and the ultimate customer is the U.S. Government. Each of the Company’s segments derives substantial revenue
from the U.S. Government. These sales include foreign military sales contracted through the U.S. Government.

(2) International sales include sales from contracts for which the Company is the prime contractor, as well as those for which the Company is a
subcontractor and the ultimate customer is an international customer. These sales include direct sales with governments outside the U.S. and
commercial sales with customers outside the U.S.
Schedule of Revenue by Geographic Area
Revenue by Geographic Area was as follows (in millions):
Three Months EndedSix Months Ended
June 29, 2025June 30, 2024June 29, 2025June 30, 2024
United States
$287.8 $239.1 $526.8 $460.1 
Other North America
3.4 3.5 9.3 7.8 
Asia Pacific
22.9 13.9 38.7 30.8 
Middle East
11.8 28.7 27.5 42.8 
Europe
17.0 9.1 31.8 21.9 
Other
8.6 5.8 20.0 13.9 
                 Total Revenues
$351.5 $300.1 $654.1 $577.3