Kratos to Unveil Newest High Performance Class of Military Unmanned Aerial System Technology at 2017 Paris Air Show
June 13 2017 - 4:43PM
Low-Cost, High-Performance Craft Represent Next
Generation of Military Drones
SAN DIEGO, June 13, 2017 (GLOBE NEWSWIRE) --
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a
leading National Security Solutions provider, today announced the
company will officially unveil a new class of unmanned aerial
systems that represent the future of air combat at the 2017 Paris
Air Show. Kratos is at the forefront of unmanned aerial systems
with its ability to rapidly design, develop, demonstrate and
deliver affordable high-performance jet powered drones.
Photos accompanying this announcement
are available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/7d1c48b9-07d0-4ae1-9704-646f51a30f32
http://www.globenewswire.com/NewsRoom/AttachmentNg/96fb3aca-7dfe-470c-b662-436d7edd7286
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At the show, Kratos will be presenting the XQ-222
Valkyrie and UTAP-22 Mako drones that provide fighter-like
performance and are designed to function as wingmen to manned
aircraft in contested airspace.
The Valkyrie and the Mako represent the next
generation of UAVs. They are highly maneuverable, stealthy, able to
fly at near supersonic speeds, and can carry and deploy weapons or
surveillance systems. The larger Valkyrie, measuring in at roughly
30 feet in length, has an impressive range of more than 3,000
nautical miles.
Most important, Kratos' UAVs are aligned with
emerging military strategies because they are reusable and lower
priced -- in the $2 million to $3 million range. This makes it cost
efficient to deploy them in numbers that can effectively support
manned aircraft or operate independently in combat.
The Valkyrie was recently announced by the Air
Force Research Labs (AFRL) at a presentation on its Low Cost
Attritable Aircraft Technology (LCAAT) program at Wright Patterson
Air Force Base.
"If you team up a bunch of these aircraft with an
F-35 or an F-22, or some of our surveillance assets, you'd
basically be able to cover more space at a lower cost point," Bill
Baron, AFRL LCAAT project manager, told the Dayton Daily News at
the May 9 event. "In a lot of cases, we don't have enough airplanes
and as you look to the future, most likely our fleet sizes are
going to continue to be more limited so this is a way to provide a
force multiplier."
The Valkyrie has been in development since July
2016, when the U.S. Air Force awarded Kratos a contract to develop
the LCAAT. After a less-than-two-year design and development
effort, the Valkyrie is scheduled for its first flight in spring of
2018. The Mako is already operational and is scheduled for
follow-on test flights, where it will carry sensors and be teamed
with manned aircraft, in June, July and August of this year.
"The Mako and Valkyrie represent an entirely new
category of UAVs," said Eric Demarco, Kratos CEO. "Thanks to our
target drone expertise and our in-house research and development
team, we have been able to combine high performance with low cost
in fully functioning aircraft. And we did it in less than two
years, not decades."
The Paris Air Show is the largest aerospace event
in the world and will be held June 19-25. Kratos will be hosting
visitors at booth # 3 A118.
About Kratos
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)
develops transformative technology for the Department of Defense
and commercial customers. Kratos is changing the way breakthrough
technology for these industries is brought to market through
proactive research and a streamlined development process. Kratos
specializes in unmanned systems, satellite communications, cyber
security/warfare, microwave electronics, missile defense and combat
systems. For more information, go to www.kratosdefense.com
Press Contact:
Yolanda White
858-812-7302 Direct
Investor Information:
877-934-4687
investor@kratosdefense.com
Press Contact:
Jon Schmid
619-200-7257
JSchmid@CookandSchmid.com
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Kratos Defense & Security Solutions, Inc. via
Globenewswire
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