SAN DIEGO - Kratos CEO Eric DeMarco said during a recent quarterly earnings call that the company’s Valkyrie drones now cost roughly $6 million to $8 million each depending on configuration, with fully mission-equipped versions costing more. That is higher than the company’s earlier targets, including a 2024 range of $4 million to $6 million for rocket-launched versions and a long-held goal of $2 million per aircraft at scale.
Even so, the figure places Valkyrie well below other collaborative combat aircraft, with the US Air Force targeting an average unit cost of $20 million for its Increment 1 drones from General Atomics and Anduril. DeMarco argued that "affordability is gonna win," crediting shared supply chains with Kratos’ target drone production for its pricing edge.
The US Marine Corps is acquiring a missionized version of the Valkyrie, and Kratos is pursuing a German Air Force bid with Airbus for its U740 variant, which first flew in northern Europe last month. The program has faced setbacks, however, including an August crash at the US Army’s Dugway Proving Ground in Utah that was not mentioned on the earnings call.