Kratos begins low-rate production of Valkyrie uncrewed fighter, with $6-8m price target

Kratos has commenced low-rate initial production (LRIP) of its XQ-58A Valkyrie uncrewed tactical jet following a contract awarded by an unnamed customer. Chief executive Eric DeMarco announced this milestone during Kratos’s third-quarter earnings report. The company is currently targeting a price range of between $6 million and $8 million for the Valkyrie aircraft. This LRIP phase represents a significant step forward in the development of the Valkyrie, which is designed to operate as a high-speed unmanned aerial vehicle. Furthermore, DeMarco expressed continued optimism regarding potential sales opportunities, including a possible sale to Germany.