06 May 2021 (Last Updated May 6th, 2021 11:38) Kratos Defense & Security Solutions has reported strong results in the first quarter of this year recording growth across several businesses. Share Article Kratos Defense & Security Solutions has reported strong results in the first quarter of this year recording growth across several businesses. The company’s quarterly revenues jumped 15% on a year-on-year basis to $194.2m in Q1 2021. The figure was $168.9m in the same quarter a year ago. The increase was attributed to the organic growth in Kratos’ Unmanned Systems, Space and Satellite, C5ISR, Microwave Products, Rocket Support Systems and Turbine Technology businesses. Operating income in the quarter stood at $4.9m, increasing from $4.7m in the first quarter of 2020.