Valkyrie sits pre-low-rate. First contract in negotiation. Target: 40 a year by early 2028. We built units as company assets before award. Revenue recognition hinges on customer config. Think verbal. The billion-plus hypersonic expansion? Verbal. Not signed. Thirty of one-fifty-six obligated by April. FY27 one-five-trillion rests on requested figure, future appropriations. Demand signal real. Conversion timing open. Okay? All right?

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KTOS / Verbal, pre-contract, and the obligation backlog

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/p/p-day-20260803-ktos-src-ktos-verbal-and-pre-production-timing-rotation ↗

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2026-08-03T02:06:05.399Z