SCHIPHOL-RIJK (dpa-AFX) - Monday, Airbus SE (EADSY.PK), along with Kratos Defense & Security Solutions, Inc. (KTOS), announced the successful completion of the first flight of the U740-Valkyrie at a test facility in Northern Europe.
The successful completion includes a runway-independent rocket-assisted take-off, maneuvers at various altitudes and speeds up to Mach 0.8, and in-flight mission adjustments.
The significant event reaffirms that the companies are on track to deliver a combat-ready uncrewed Collaborative Combat Aircraft by 2029 to address the operational requirements of the German and other European Armed Forces.
'By pairing Kratos' proven airframe as a 'program of record' with Airbus' sovereign European mission system, we are able to offer a robust, sovereign, affordable, and combat-ready CCA system by the end of the decade,' said Mike Schoellhorn, CEO of Airbus Defence and Space.
Airbus' stock closed trading at $52.66, down 0.59 percent on the OTC Markets.
In pre-market hours, KTOS was trading at $42.33, down 0.07 percent on the Nasdaq.
Copyright(c) 2026 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2026 AFX News
