Kratos, USAF Complete Successful XQ-58A Valkyrie Skyborg Flight Series
18 July 2022 - 10:00PM
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a
leading National Security Solutions provider and industry-leading
provider of high-performance, jet-powered unmanned aerial systems,
announced today that it has recently completed a successful series
of flights with two production XQ-58A Valkyrie aircraft for the
Skyborg Program. The program team includes the U.S. Air Force
(USAF) Fighters and Advanced Aircraft Directorate, Air Force
Research Laboratory (AFRL), USAF 40th Flight Test Squadron (FLTS),
USAF 46th Test Squadron, and Kratos.
Steve Fendley, President of the Kratos
Unmanned Systems Division, said, “The continued evolution
and demonstration of the USAF Skyborg system is charting the course
for the range of tactical applications Skyborg is intended to
address and inform. These most recent Skyborg flights, with
production Valkyrie aircraft being delivered on the Skyborg
contract, illustrate the benefits and utility of these uncrewed
systems while informing the operational concepts and Concepts of
Employment (CONEMPS). The entire Kratos team is excited to be a
part of this game-changing application space for military uncrewed
aircraft systems.”
The XQ-58A Valkyrie was initially developed in
cooperation with AFRL on the Low Cost Attritable Strike
Demonstrator (LCASD) Program with multiple follow-on programs and
projects for several customers and applications. These multiple
program applications continue with the Skyborg Program, as well as
several others related to production, specific mission
applications, and operational development of the XQ-58A family of
affordable, high speed, tactical UAVs.
About Kratos Defense & Security
SolutionsKratos Defense & Security Solutions, Inc.
(NASDAQ:KTOS) develops and fields transformative, affordable
technology, platforms and systems for United States National
Security related customers, allies, and commercial enterprises.
Kratos is changing the way breakthrough technology for these
industries are rapidly brought to market through proven commercial
and venture capital backed approaches, including proactive
research, and streamlined development processes. Kratos specializes
in unmanned systems, satellite communications, cyber
security/warfare, microwave electronics, missile defense,
hypersonic systems, small to mid-sized jet engines and technology,
training, and combat systems. For more information go to
www.KratosDefense.com.
Notice Regarding Forward-Looking
StatementsCertain statements in this press release may
constitute "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements are made on the basis of the current
beliefs, expectations, and assumptions of the management of Kratos
and are subject to significant risks and uncertainty. Investors are
cautioned not to place undue reliance on any such forward-looking
statements. All such forward-looking statements speak only as of
the date they are made, and Kratos undertakes no obligation to
update or revise these statements, whether as a result of new
information, future events or otherwise. Although Kratos believes
that the expectations reflected in these forward-looking statements
are reasonable, these statements involve many risks and
uncertainties that may cause actual results to differ materially
from what may be expressed or implied in these forward-looking
statements. For a further discussion of risks and uncertainties
that could cause actual results to differ from those expressed in
these forward-looking statements, as well as risks relating to the
business of Kratos in general, see the risk disclosures in the
Annual Report on Form 10-K of Kratos for the year ended December
30, 2020, and in subsequent reports on Forms 10-Q and 8-K and other
filings made with the SEC by Kratos.
Press Contact:Yolanda White858-812-7302
Direct
Investor
Information:877-934-4687investor@kratosdefense.com
Kratos Defense and Secur... (NASDAQ:KTOS)
Historical Stock Chart
From Sep 2024 to Oct 2024
Kratos Defense and Secur... (NASDAQ:KTOS)
Historical Stock Chart
From Oct 2023 to Oct 2024