Kratos XQ-58A Valkyrie Completes Flight 3, Successfully Executes 100 Percent of Test Points
Kratos Defense & Security Solutions, Inc. (KTOS)
Last kratos defense & security solutions, inc. earnings: 2/24 04:00 pm
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Source: GlobeNewswire
SAN DIEGO, Oct. 10, 2019 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that the Kratos / AFRL team has successfully completed Valkyrie Flight 3. During the 90 minute flight, the XQ-58A executed a perfect launch and met 56 of 56 baseline test points, plus two additional test points with excess fuel remaining after completion of the mission. After successful completion of the flight, the recovery parachute system worked flawlessly, and the aircraft descended nominally under the canopy system. In final descent, the prototype cushion system, which was employed for the initial test series but is not intended for ultimate operational use, suffered an anomaly resulting in the aircraft sustaining damage upon touchdown. The XQ-58A Valkyrie, like all Kratos’ heritage drones and Kratos’ high performance jet target drones, are designed to be quickly repaired and reused if damage is sustained after
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KTOS
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- 2/13/24 - Beat
KTOS
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- 4/17/24 - Form 4
- 4/17/24 - Form 4
- 4/15/24 - Form 144
- KTOS's page on the SEC website