Kratos (KTOS), a military contractor, exhibits strong momentum characteristics, making it a potential growth stock for investors. The company boasts a Zacks Momentum Style Score of B and a Zacks Rank of #2 (Buy), indicating positive price trends and strong earnings estimates. Kratos’s stock performance outpaces its industry and the broader market, showing a promising trajectory.
A military contractor, CACI, is being sued by three survivors of the infamous Abu Ghraib prison in Iraq. The plaintiffs allege that CACI interrogators conspired with military police to torture them, while CACI’s defense argues that the US government is responsible. The case marks the first time a US jury has weighed claims of abuse at the prison, where photos of US soldiers abusing detainees sparked a worldwide scandal. The jury deliberated about three hours before pausing Monday afternoon without reaching a verdict.
