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Why Did Kratos Defense Stock Drop Today?

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Why Did Kratos Defense Stock Drop Today?: https://g.foolcdn.com/editorial/images/862113/1-red-arrow-going-down.jpg

Kratos Defense Security (NASDAQ: KTOS) stock fell 5.5% through 11 a.m. ET Tuesday on what should probably have been considered good news.

Sky Perfect JSAT Corporation picked Kratos to develop the ground system for its new 5G Non-Terrestrial Network (NTN) over the Asia-Pacific region.

Image source: Getty Images.

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Source Fool.com

NTN Corp. Stock

There is no change in the price for NTN Corp. today.

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