Eric M.  Demarco net worth and biography

Eric Demarco Biography and Net Worth

Eric M. DeMarco is President and Chief Executive Officer of Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS). Mr. DeMarco joined the Company in November 2003 when it was Wireless Facilities, Inc. (NASDAQ: WFII) a commercial wireless communications system infrastructure provider, as President and Chief Operating Officer, and he assumed the role of CEO in April 2004. Since joining the Company, Mr. DeMarco has been instrumental in leading the Company's efforts to successfully transition from a commercial communication business via sale and disposition of assets, to build and grow, both organically and through strategic acquisition, a leading national security-focused technology, product and systems provider for the U.S. and its allies. Today, Kratos is recognized as an industry-leading provider of high performance, jet-powered unmanned aerial drone systems, space and satellite communications, microwave electronics, rocket systems for missile defense and hypersonic programs and C5ISR. Kratos is known as a technology company that rapidly develops, demonstrates and fields leading technology products and systems at an affordable cost. At Kratos, affordability is a technology.

Prior to Kratos, Mr. DeMarco was the President and Chief Operating Officer of the Titan Corporation, which was later acquired by L-3. Under his leadership, Titan grew from approximately $150 million in annualized revenue to $1.5 billion, with a backlog of over $4 billion. Mr. DeMarco's efforts were instrumental in creating one of the largest government information technology companies in the United States.

Before Titan, Mr. DeMarco served in a variety of public accounting positions primarily focusing on large multinational corporations and publicly traded companies. Mr. DeMarco has served as Chairman of the Board of Wavestream Corporation, a previous director of nLIGHT (NASDAQ: LASR) and currently serves on the Board of Directors of Kratos Defense & Security Solutions, Inc. Mr. DeMarco is also currently on the Executive Board and Board of Governors of the Aerospace Industry Association (AIA). He holds a Bachelor of Science, Business Administration and Finance, summa cum laude, from the University of New Hampshire.

What is Eric M. Demarco's net worth?

The estimated net worth of Eric M. Demarco is at least $28.21 million as of August 21st, 2024. Mr. Demarco owns 1,070,244 shares of Kratos Defense & Security Solutions stock worth more than $28,211,632 as of December 4th. This net worth evaluation does not reflect any other investments that Mr. Demarco may own. Learn More about Eric M. Demarco's net worth.

How do I contact Eric M. Demarco?

The corporate mailing address for Mr. Demarco and other Kratos Defense & Security Solutions executives is 10680 TREENA STREET SUITE 600, SAN DIEGO CA, 92131. Kratos Defense & Security Solutions can also be reached via phone at (512) 238-9840 and via email at [email protected]. Learn More on Eric M. Demarco's contact information.

Has Eric M. Demarco been buying or selling shares of Kratos Defense & Security Solutions?

Eric M. Demarco has not been actively trading shares of Kratos Defense & Security Solutions in the last ninety days. Learn More on Eric M. Demarco's trading history.

Who are Kratos Defense & Security Solutions' active insiders?

Kratos Defense & Security Solutions' insider roster includes Yonah Adelman (President, Microwave Electronics Division), Scott Anderson (Director), Bradley Boyd (Director), Phillip Carrai (Insider), David Carter (Insider), Maria De Burgreen (VP), Eric Demarco (CEO), Steven Fendley (Insider), Benjamin Goodwin (SVP), Scot Jarvis (Director), Jane Judd (Director), Deanna Lund (CFO), Marie Mendoza (SVP), Thomas Mills, IV (Insider), and Stacey Rock (Insider). Learn More on Kratos Defense & Security Solutions' active insiders.

Are insiders buying or selling shares of Kratos Defense & Security Solutions?

During the last year, Kratos Defense & Security Solutions insiders bought shares 2 times. They purchased a total of 24,376 shares worth more than $500,537.44. During the last year, insiders at the aerospace company sold shares 51 times. They sold a total of 365,324 shares worth more than $7,829,299.19. The most recent insider tranaction occured on November, 25th when insider Steven S Fendley sold 7,000 shares worth more than $185,570.00. Insiders at Kratos Defense & Security Solutions own 2.3% of the company. Learn More about insider trades at Kratos Defense & Security Solutions.

Information on this page was last updated on 11/25/2024.

Eric M. Demarco Insider Trading History at Kratos Defense & Security Solutions

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Eric M. Demarco Buying and Selling Activity at Kratos Defense & Security Solutions

This chart shows Eric M. Demarco's buying and selling at Kratos Defense & Security Solutions by year and by quarter.

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Kratos Defense & Security Solutions Company Overview

Kratos Defense & Security Solutions logo
Kratos Defense & Security Solutions, Inc. operates as a technology company that addresses the defense, national security, and commercial markets. It operates through two segments, Kratos Government Solutions and Unmanned Systems. The company offers ground systems for satellites and space vehicles, including software for command and control, telemetry, and tracking and control; jet-powered unmanned aerial drone systems, hypersonic vehicles, and rocket systems; propulsion systems for drones, missiles, loitering munitions, supersonic systems, spacecraft, and launch systems; command, control, communication, computing, combat, intelligence surveillance and reconnaissance; and microwave electronic products for missile, radar, missile defense, space, and satellite; counter unmanned aircraft systems, directed energy, communication and other systems, and virtual and augmented reality training systems for the warfighter. The company primarily serves national security-related agencies, the U.S. Department of Defense, intelligence agencies and classified agencies, international government agencies, and commercial customers. Kratos Defense & Security Solutions, Inc. was incorporated in 1994 and is headquartered in San Diego, California.
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Today's Range

Now: $26.36
Low: $26.03
High: $27.08

50 Day Range

MA: $24.99
Low: $22.72
High: $27.73

2 Week Range

Now: $26.36
Low: $16.71
High: $28.62

Volume

905,801 shs

Average Volume

1,129,953 shs

Market Capitalization

$3.98 billion

P/E Ratio

263.63

Dividend Yield

N/A

Beta

1.07