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Revenue Recognition (Tables)
3 Months Ended
Mar. 29, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Net Contract Assets and Liabilities
Net contract assets and liabilities are as follows (in millions):
March 29, 2026December 28, 2025Net Change
Contract assets$334.1 $292.4 $41.7 
Contract liabilities$108.1 $73.4 $34.7 
Net contract assets$226.0 $219.0 $7.0 
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):
Three Months Ended
March 29, 2026March 30, 2025
Kratos Government Solutions
Fixed price$214.2 $166.5 
Cost plus fee59.1 58.0 
Time and materials15.1 15.0 
Total Kratos Government Solutions288.4 239.5 
Unmanned Systems
Fixed price55.9 52.6 
Cost plus fee25.0 9.8 
Time and materials1.7 0.7 
Total Unmanned Systems82.6 63.1 
Total Revenues$371.0 $302.6 
Revenue by customer was as follows (in millions):
Three Months Ended
March 29, 2026March 30, 2025
Kratos Government Solutions
U.S. Government (1)
$179.9 $149.4 
International (2)
70.6 55.3 
U.S. Commercial and other customers37.9 34.8 
Total Kratos Government Solutions288.4 239.5 
Unmanned Systems
U.S. Government (1)
74.8 56.1 
International (2)
5.8 5.8 
U.S. Commercial and other customers2.0 1.2 
Total Unmanned Systems82.6 63.1 
Total Revenues$371.0 $302.6 
(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 Ended
March 29, 2026March 30, 2025
United States
$286.7 $239.0 
Other North America
9.0 5.9 
Asia Pacific
13.4 15.8 
Middle East
28.2 15.7 
Europe
17.7 14.8 
Other
16.0 11.4 
                 Total Revenues
$371.0 $302.6