NasdaqGS:KTOSAerospace & Defense
Kratos Mk1 Firejet Milestone Tests Investor Nerves And Valuation Gap
Kratos Defense & Security Solutions (NasdaqGS:KTOS) completed initial flights of its Mk1 Firejet unmanned aerial system, powered by a new U.S.-made J85 engine.
The company is scaling production of this engine to meet growing global demand for advanced, lower cost, high-performance military drone platforms.
The Mk1 Firejet is positioned as a first to market American engineered tactical drone aimed at addressing pressing inventory needs for the U.S. and allies.
Kratos comes into this Mk1...