KTOS News & Events

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly.NUCLEAR NEGOTIATIONS:The U.S. and Iran have "made progress" in nuclear discussions in Geneva, Switzerland on Tuesday, though "there are still a lot of details to discuss," Axios' Barak Ravid, citing a U.S. official. Following talks with President Trump's representatives Jared Kushner and Steve Witkoff, Iran offered to return in the next two weeks with detailed proposals "to address some of the open gaps in our positions," the official told Axios.CONTRACT:Kratos Defense & Security Solutionsannounced that it has been awarded a contract through the Department of War's Joint Hypersonics Transition Office to support test and evaluation of thermal protection systems for hypersonic vehicles. For this program, Kratos will leverage expertise in hypersonics to analyze various missions and flight environments to understand appropriate testing conditions. Kratos will establish standard test conditions and techniques to accelerate materials development and can be used as a baseline for other similar aerothermal test facilities.GROWING POLITICAL PROBLEM:When Anthropic was looking for backers for its $30B funding round, it approached 1739 Capital, a pro-Trump venture firm, Keach Hagey, Amrith Ramkumar, Deborah Acosta, and Vera Bergengruen of The Wall Street Journal. 1789 decided to not proceed with the investment due to ideological reasons, citing concerns with Anthropic leaders' history of critizing President Trump, several former Biden administration officials on its payroll, and its lobbying for AI regulation, people familiar with the matter told the Journal. While the company had no problem raising the capital, its spurned appeal shows the startup has a growing political problem. The company recently found itself in the Pentagon's crosshairs, with the Pentagon wanting to be able to use Anthropic and other AI tools for all lawful purposes, while Anthropic does not want its technology used for operations such as domestic surveillance and autonomous lethal activities.

Kratos Defense & Security Solutions announced that it has been awarded a contract through the Department of War's Joint Hypersonics Transition Office to support test and evaluation of thermal protection systems for hypersonic vehicles. For this program, Kratos will leverage expertise in hypersonics to analyze various missions and flight environments to understand appropriate testing conditions. Kratos will establish standard test conditions and techniques to accelerate materials development and can be used as a baseline for other similar aerothermal test facilities.