KTOS
Kratos Defense & Security Solutions, Inc.
Is KTOS Halal?
Defense technology and unmanned-systems maker — a permissible business under the same screens applied to other defense contractors, with low leverage.
What You Should Know
Kratos Defense & Security Solutions, Inc. designs and manufactures unmanned aerial systems, satellite communications, propulsion, and defense electronics for government and military customers. As with other defense contractors covered here, supplying equipment and technology to national defense is treated by most contemporary screening boards as a permissible activity with no haram revenue line. Kratos has historically operated with modest leverage, so its total-debt-to-market-cap ratio generally screens within the 33% threshold and should be confirmed against the latest filings. Interest income on cash is incidental and should be checked against the 5% threshold and purified.
⚠️ Concerns
- •Defense exposure is treated as permissible by most screening boards, though some investors apply an ethical preference of their own
- •Confirm total debt / market cap against the 33% threshold against the latest filings
- •Incidental interest income on cash should be checked against the 5% threshold and the corresponding portion of returns purified
- •Government-contract concentration makes results lumpy — re-screen the ratios periodically
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