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Organization and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 28, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Net Contract Assets and Liabilities
Net contract assets and liabilities are as follows (in millions):
December 28, 2025December 29, 2024Net Change
Contract assets$292.4 $206.3 $86.1 
Contract liabilities$73.4 $76.3 $(2.9)
Net contract assets$219.0 $130.0 $89.0 
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):
Year Ended December 28, 2025Year Ended December 29, 2024Year Ended December 31, 2023
Kratos Government Solutions
 Fixed price$703.1 $571.5 $566.3 
 Cost plus fee298.9 233.9 209.5 
 Time and materials52.8 60.4 49.1 
   Total Kratos Government Solutions1,054.8 865.8 824.9 
Unmanned Systems
 Fixed price231.2 216.4 160.9 
 Cost plus fee58.1 48.1 41.9 
 Time and materials2.7 6.0 9.4 
   Total Unmanned Systems292.0 270.5 212.2 
Total Revenues$1,346.8 $1,136.3 $1,037.1 
Revenue by customer was as follows (in millions):
Year Ended December 28, 2025Year Ended December 29, 2024Year Ended December 31, 2023
Kratos Government Solutions
 U.S. Government (1)
$672.3 $528.0 $512.5 
 International (2)
228.3 195.4 192.8 
 U.S. Commercial and other customers154.2 142.4 119.6 
   Total Kratos Government Solutions1,054.8 865.8 824.9 
Unmanned Systems
 U.S. Government (1)
244.8 234.0 200.2 
 International (2)
39.3 31.3 9.2 
 U.S. Commercial and other customers7.9 5.2 2.8 
   Total Unmanned Systems292.0 270.5 212.2 
Total Revenues$1,346.8 $1,136.3 $1,037.1 

(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. Revenues from U.S. Government agency customers in aggregate accounted for approximately 68%, 67% and 69% of total revenues in 2025, 2024, and 2023, respectively. Other than the U.S. Government, no sales from any customer exceeded 10% of total revenues in 2025, 2024, and 2023.

(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 Areas
Revenue by Geographic Area was as follows (in millions):
Year Ended December 28, 2025Year Ended December 29, 2024Year Ended December 31, 2023
United States
$1,065.0 $899.1 $830.3 
Other North America
19.4 18.6 13.9 
Asia Pacific
71.2 61.7 64.1 
Middle East
66.2 73.1 43.1 
Europe
78.1 49.7 60.6 
Other
46.9 34.1 25.1 
                 Total Revenues
$1,346.8 $1,136.3 $1,037.1 
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
The following table shows the amounts recognized in the consolidated financial statements for stock-based compensation expense related to stock awards and stock offered under the Company’s employee stock purchase plan (in millions).

Year ended December 28, 2025Year ended December 29, 2024Year ended December 31, 2023
Selling, general and administrative expenses$35.5 $29.8 $25.3 
Total cost of employee stock-based compensation included in operating income from consolidated operations
$35.5 $29.8 $25.3 
Schedule of Valuation and Qualifying Accounts Disclosure
The following table outlines the balance of the Company’s allowance for doubtful accounts for 2025, 2024 and 2023. The table identifies the additional provisions each year as well as the write-offs that utilized the allowance (in millions).

Allowance for Doubtful AccountsBalance at Beginning of YearProvisionsWrite-offs/ RecoveriesBalance at End of Year
Year ended December 31, 2023$0.4 $1.0 $(0.3)$1.1 
Year ended December 29, 2024$1.1 $— $— $1.1 
Year ended December 28, 2025$1.1 $— $(0.1)$1.0 
Schedule of Property, Plant and Equipment
Assets are depreciated predominately using the straight-line method, with the following lives:
Years
Buildings and improvements
15 – 39
Machinery and equipment
3 – 20
Computer equipment and software
1 – 10
Vehicles, furniture, and office equipment
5
Leasehold improvementsShorter of useful life or length of lease
Property, plant and equipment, net (in millions)
December 28, 2025December 29, 2024
Finance lease right of use assets$103.7 $71.0 
Land and buildings40.5 41.3 
Computer equipment and software71.0 63.0 
Machinery and equipment201.0 178.2 
Furniture and office equipment9.3 8.6 
Leasehold improvements43.0 30.8 
Construction in progress103.9 81.8 
Property and equipment572.4 474.7 
Accumulated depreciation and amortization(210.5)(186.5)
Total property and equipment, net$361.9 $288.2 
Schedule of Interest Income (Expense), Net
Interest income (expense), net is summarized in the following table (in millions):

Year ended December 28, 2025Year ended December 29, 2024Year ended December 31, 2023
Interest expense incurred primarily on indebtedness$(9.6)$(15.2)$(21.7)
Interest income
15.5 12.2 1.2 
Interest income (expense), net
$5.9 $(3.0)$(20.5)