Kratos XQ-58A Valkyrie Completes U.S Marine Corps PAACK-P Program Flight
Portfolio Pulse from Benzinga Newsdesk
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) announced the successful first test flight of the Marine Corps XQ-58A Valkyrie, a highly autonomous, low-cost tactical unmanned air vehicle. The test flight is part of the Marine Corps' Penetrating Affordable Autonomous Collaborative Killer – Portfolio (PAACK-P) program. The XQ-58A Valkyrie is a high-performance tactical UAV capable of long-range flights at high-subsonic speeds currently in production in Oklahoma City.
November 02, 2023 | 8:58 pm
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The successful test flight of the XQ-58A Valkyrie by Kratos Defense & Security Solutions could potentially boost the company's reputation and market position in the defense sector.
The successful test flight of the XQ-58A Valkyrie demonstrates Kratos Defense & Security Solutions' capabilities in the defense sector. This could potentially attract more contracts and partnerships, leading to a positive impact on the company's stock price in the short term.
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