Airbus and Kratos Report First Flight of U740-Valkyrie
Airbus and Kratos completed U740-Valkyrie’s first flight in Northern Europe, reaffirming plans to deliver a combat-ready CCA by 2029.
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what happened
According to dpa-AFX, Airbus SE (EADSY.PK) and Kratos Defense & Security Solutions (KTOS) said on Monday that the U740-Valkyrie had completed its first flight at a test facility in Northern Europe. The trial featured a runway-independent rocket-assisted launch, manoeuvres at different altitudes and speeds of up to Mach 0.8, and adjustments to the mission while airborne.
The companies said the milestone supports their schedule to provide Germany and other European armed forces with a combat-ready uncrewed Collaborative Combat Aircraft by 2029. Mike Schoellhorn, chief executive of Airbus Defence and Space, said Kratos’ proven airframe and Airbus’ sovereign European mission system could form a robust, affordable and combat-ready CCA platform.
Airbus shares closed at $52.66 on OTC Markets, down 0.59 percent. KTOS was trading at $42.33 in pre-market activity, 0.07 percent lower on Nasdaq.
why it matters
The announcement marks progress in a European-focused uncrewed combat-aircraft programme involving Airbus and Kratos. The flight milestone and 2029 delivery target are relevant to the companies’ defence-sector positioning, while the quoted share moves show the market levels reported in the item.
instruments
sources
- Airbus, Kratos Announce U740-Valkyrie First Flight Milestone — dpa-AFX, 12 October 2026 at 12:40 UTC
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