KRATOS DEFENSE & SECURITY SOLUTIONS, INC. — Director's Dealing 2015

May 21, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
CIK: 0001069258
Period of Report: 2015-05-19

Reporting Person: Carter David M (President, DRSS Division)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-19	Common Stock	F	2898	$5.36	Disposed	43161	Direct

Footnotes

F1: Shares tendered to payment of minimum tax liability, pursuant to a Rule 10b5-1 Plan, in connection with shares vested as reported on a Form 4 filed May 13, 2015 and settled May 19, 2015.

F2: Includes 7,544 shares held through Issuer's 401(k) Plan and 6,963 shares purchased through Issuer's Employee Stock Purchase Plan.