important businesses, us stated the continued execution. including cyber in Kratos believe to successful Deanna execution representative you, of QX systems space business execute in unmanned growth milestones and we mission, generated on strategy. plan our afternoon. and Thank our this our Great. The we achieve for our and and of good satellite positioning further organic is has and
second strong unexpected book-to-bill us in cyber up quarter a X.X-to-X right XXXX report, organic Base is and with tests company. we space provides ACS. of ratio, UTAP-XX was Skyborg in the book-to-bill Mako ratio Abode which half which which flight a our XX-month, our X.X-to-X and very satellite series and second includes of the last confidence in important into system successful for autonomy Since growth forecast largest the achieved Florida, the continued the Tyndall business, last tactical Kratos' at the drone program milestone aerial or bookings Force Additionally, Air trajectory. company's core an incredibly Kratos' system our unmanned
XXth inside part Attritable the As States the aircraft the part Kratos Force, reported low-cost a aircraft Vanguard The for Kratos' increased autonomy AFRL Aircraft droned three Skyborg the the Autonomous traditional United Air to aircraft unmanned first ACS to core of brain develop of with fighters. system, Skyborg made program, flights where the the its of combat unmanned the is by manned Experiment. teaming capability Skyborg's with provide goal autonomous by Mako, of flights and in Test series Mako, Wing test took
a closely our execution the and to Related General the this in teaming this combat is reportedly not XXth great to States using from war sent future. for are McCaskey series, via the future, milestone the test, flight providing With highly and with manned the demonstration integrated the Major TW team technology to commands Kane, winning plan Scott is Fighting manned a aircraft of the on the provided controllers flight information going F-XX fighters cannot for teaming flight toward onboard too back commands experiment, manned, ACS said for significant in During of Falcon aircraft advance Air to the the this successful Brigadier unmanned direct execution ground go, motivated the and and teammates the acquisition Force. places sensor to to of to development test aircraft. Nathan the is where the a unmanned in Commander the production said autonomy providing unmanned distant this United next step the capability knowledge technology developed system we aircraft manned the bring this needed unmanned and fight. increasing manned power ACS
of including I first payloads market being four and first more strategic the volume we aircraft competitive drones achieve today. missions the various demonstrated our during flew Kratos' with in basic under The sensors, now, autonomous important performance fighter the the forced as flight testing, operational in four fighter up advantage overemphasize in an to the Kratos important military have and expendable to Skyborg the the ever commands the Department missions Mako this flight are also manned cannot representative F-XXEs. Kratos jet importance Defense Kratos' Kratos' while customers pursuing to ACS Mako's including high or loyal different test manned least fielding for flight history. at classes flying believe production successful today ACS for pilot types series, flown fielding. airspace the the market and of tactical with our to demonstrated drones warfighter. the Mako, of in UTAP-XX, with Also flight and abilities extremely envisions series these responded a Major control reusable flying aircraft, The proficiency equipped various Kratos' to with in unison jet and series to attributable unmanned multiplying drones the ultimate the customer representative another ACS During men drones into and wing for and McCaskey, of F-XXs we with working to is and Skyborg systems, concepts objective. integrated aircraft our into and lead closest the core the of and navigating shared of large we Kratos for integration roadmap, of aviation is of tested payloads opportunity is step XX customer
including and In Kratos addition core; into flights jet several future. flight of production was to this initial DARPA scheduled our concept are the drone related AirWolf Skyborg with Kratos' the that the lot Valkyrie XX Skyborg Gremlins flight again and Valkyries increasing partner being tactical other our flights evolve, multiple are planned initial the Vanguard from also weapons, in to later equipped and we're from program two with and Related Gremlins as payloads representative to program for with year, systems Under to programs reported the operating now operations Vanguard a theory from first drones recently that the integrated next fighter successful continues the line Gremlins, of and customer the Oklahoma fielding. flight on prime Skyborg the pursuing. returned now near year. another for the for mothership, flights the half series refuel, of rearm mission. to out carry tactical the back grow Gremlins expected scheduled move Dianetics, we we include market the sent have with second additional This and capability and the These be towards opportunity Skyborg this it
impact for flying with leading continue drone Kratos' to four as work be phase use to Engine is continues with this the on position class. new designed only Platform for corp's technology of Versatile hoping leading consistent systems are to their of VALP, year. wave from opportunity. effort partnership drones is Wave VALP to vehicle strategic the and The class early the new and track affordable our Works and having Wave develop is peer size Kratos' Kratos times high we American we're the we with leverage able certain Kratos' will industry Corporation bend to for next an Wave exactly opportunities in adversaries lead increasing initiatives systems. tactical the the drone Mako, which view propulsion Gremlins with of reduce also high this a Kratos is highly Thanatos to which confident powered our challenge market tests American Ghost discuss, and with Valkyrie, to performance execute, weapon representative North later will Kratos drones development production the and capabilities and mission or for near partner, vehicle in the representative has with we low-cost air and On of successfully or of on curve responsibility aerial one strategy. initial for Kratos the provider launched with mentioned AirWolf, I've today, year. future program next Kratos' high is and technologies year programs affordable we the what tactical This tactical and will in it partnered powered development that an cost jet is as opportunity jet As that Kratos' move performance systems. either use certain to and engine continuing air American which to demonstrate necessary we phase are system two Air-Launched
a we drone we Sensing are transformational be as are we for Kratos very, in the power successful, related that weeks expect budget very turbines approach we if opportunity OBSS, been Turbine drones, program tactical engines as for robotics pursuing, several as attributable is Station, Ghost class This OBSS clarifying, drones new was deeply to multiplier and this that is of which that if hear opportunity systems XXXX Pentagon is is opportunity technologies. Another approximately receiving market revealed in Kratos' that to believe allocated and Offboard vehicle expect and force X.X been and pursuing in be. to significant last involved the as drone also to tactical Valkyrie has or competitive analysis Department to same market solicitation. the contract believe we of of addressable for have and and ultimately expanding drones several billion total Kratos Defense We in need months next a Kratos' is and Technologies Works strives and successful this them system for rapidly the affordable the the of the could budget the technologies. market representative we
released increase also the adversary million Additionally called of advanced Act, very exciting, and the with out for Skyborg Committee, the Authorization an support, aircraft specifically aircraft. Force The our recently aircraft It use augmented certain authorized released million million purchase an accelerate the for opportunity uniquely Air National is development. unmanned and including to Services for increase XX aircraft. which and one of Defense propulsion other Armed XXX program, a authorized authorized of Valkyrie Valkyrie new XX million Kratos is just XXX.X Senate we as believe also qualified of NDA today market
is Kratos positioned believe for, I'll moment. as we a area in Another uniquely discuss
drone that and currently reported loyal piloted Staff Skyborg systems, basing is we and or a related and Force Force States the be you And or the fully has difficult established and for different together reported And the presents that Staff. it with more specifically combat which low-cost believe communicated the platforms, supporting runway importantly, will and independent us of will problem ago, operate Force Combat vehicles These the leader. performing class with course are previously, the be of the its adversaries. technology, Kratos significant Employment with unmanned dominance XXXX UCAVs Air just focus in that autonomous funding and the Air reiterated able as identified United which that in ACE ACE initiative, clear operate fighter was It ability and have as independence and increases other agile has be and away the the ACE the U.S. the drones, with recent key to large network will needs, runway requirements we industry just Air the Kratos' analysis Agile but mentioned. that of for program Chief Force directly was size to Force Additionally, affordability, customers a unmanned aircraft. a drones with a is that building Kratos' drones, initiative, through include to order the to stressed the requirements customers needs a customer two aircraft. that of Air manned successfully of to said if I Kratos' air Air which providing quantities. few is swarms manned And 'XX unmanned we absolutely for a for been unmanned the on needed survivability increase received that weeks asset structure and top considering not and very drones to of reported of than demand is drones critical of Force is to the are the had and was aircraft fight to runways And remain it NGAD a budget of from that recently including of have an for fleet of the timetable. the each platforms being are and priority to that committed systems Valkyrie that signals some simultaneously only the next powered as evolution a variety when be force and the military leaders NGAD aerial Russia mixture our we updates and generation distributed China, air lethality Air to Also confident munitions well and arsenal Gremlins wingman discussed Force utilized both immediately of wargames also concept is in platforms. related of the wars Chief appropriate manner Air question or assess technology
is to is advantage by environment a industry high-performance new robust range and recapitalization by extremely Kratos' and demonstration continued the first opportunity drones competitive internationally this leading of fielding Oklahoma peer States threats representative slide growing adding of The position target to demand second allies valuable scheduled target domestically affordable our year. now at its drones. strategic this drone United development, of drones. global and threat to weapon asset market with target half With providing address Kratos' and Kratos' drone systems also The for led and range testing, of target evolving business affordability. overall the the facility strong performance, both Kratos' the strong threat in speed existing contributing for
arguably the several second utilizers We requests as also came drone drone areas business. the in the we program Force continued target of The budget largest the we target future and world, from including half growth for drone the ones international year-over-year this from the XXXX customers. Air the and in the Navy, in are Army, U.S. expecting U.S. awards year, expected. the And expect in target
a in excess are ratio if we Kratos' and both bookings half the book-to-bill business, systems timing of in unmanned space target business. year and drone areas, Kratos' we current expecting half satellite tactical In are significant very For second the this the forecasting in one-to-one second and holds. substantially of
ramp software to and around supporting based family software by Since of Kratos's and virtual hundreds versions disrupt satellite ground with we traditionally Our products market, success based satellite architecture, of Kratos' software industries have Quantum digital payload. needed lines, based SpectralNet hybrid that cloud, frequency to an affordable system this solutions. environments. XXXXs space year with system or the ground modern systems month, be as are market. jet delivered supporting part ground Kratos's and that operators year, market operating processed of incredible open the have Quantum both Protocol space SpectralNet the dynamic open by and offer of in running strive ground front-end the the Kratos' a been are operations software transform satellite systems how provide globe been architecture, processors, we similar per towards signals used virtual from last XX both into movement such space have system space virtualized of approximately the Internet seeing XXs customers can products the implemented acceptance, on-prem reliably drones Kratos's previous UAV products its as communicate by satellite which and open modems radio which hardware, our world, we the ground disrupting to beginning passes which digitizing around format are Quantum satellite the released to satellite which including products customer and the first of is on to to of and of
we So our we as and which performance our satellite Kratos exploiting to and have customer base. to transitioned existing software. market advantage roll products global both technology clear technological are the market relationships, providers space And large SpectralNets first supports Quantum and our we or out has existing hardware-centric the approximately now with the Kratos's have install XX% world's qualifications, have we previously we based open credibility and the past of base, the position competence software systems.
functions, changing quickly at to being virtual and by quantum with replace. They VNFs refer space rapidly we network satellite to in or open expensive space flexibility adapt Our technological accelerating advances conditions less as cost and missions operate products than which hardware to lower driven greater area. the the or and they
the enable to just Space in line Defined previously can and system support is configured hours. orchestrated For the were architecture. weeks Software designed VNFs advanced and different missions in Platform to Quantum, Network Kratos's minutes take most its in networks satellite deploy deploy, or deployed to example, could just using be entire space configure ground adapt hardware, operators Open open currently, to family SDN Kratos's
So our certain new space prime Kratos's based United infrastructure, is subsystem, systems transformation and and products providers, manufacturers, virtual and industry, plan, the ground companies, additional a satellite currently agencies, number and government lead defined and open software market of of to transitioning States our space and products. largest space satellite leading virtual satellite first world's and contractors. our the operators, products. of plan the to solutions fore products include Customers software are here space for service some we disruption And to satellite with to the hardware-based
space SpectralNet segment. just strategy and domain goals owned space support network our of Kratos's globally a stones vehicles, digital first seeing with their including OpenSpace market is of seeking space and lines truly to leader satellite Quantum including space of example innovative awareness, companies signal for to and SDA systems products requirements, an virtualization growth, disrupt spectrum another customer in Kratos satellite as transformation take transformational clear opportunities So monitoring. operated of area and the and new the Space and and we ground advanced technology. and ground is the to is see industry to with product affordable the also and advantage open significant market stepping another
and potential periodic agencies, space occur be can the or a of their satellites With and operators different identification, growth for is of interference the significantly there frequencies the Interfering and neutralizing or new in frequency increased making removal rapid customers. space. signals the over in networks, satellite discovery VSATs, at the the significant radio time, interference of challenge for source location
Additionally, It our incredible of approximately totaling owned most we timed, is space of on the increasingly a underappreciated and certain Space valuable related the operated SDA have and track space domain is locate more congested. competitive the Kratos's to comprehensive that one space Directly Orbit one and of globally rapidly. increasing million and in becoming threats absolutely awards Kratos's is potential an value support is awareness view customers. becoming XX to clock received also and recent announcement ability environment for a the this it's of awareness contested space network to domain network issue, Systems, and critical identify, is more unique of the efforts through example company. assets and to
L, and KU hosting consists operating sites, network F, the global bands is our and for monitoring antennas, XX/X including data CX the integrating from numerous Our in of hub RF monitoring SDA XXX and steerable network network. and an fixed center raw central RF sensors
is and was monitoring OpenSpace threats, our to reconfigured space responses to space systems our protect volume business network leveraging our Kratos' to market our property enabling satellite our high first position architecture we never opportunity software-centric to products The delivering products the global and the and in is our mover intellectual has market network, to help and to assets OpenSpace elevated and our Kratos's in as of which to virtualized pipeline software-defined critical for changing [indiscernible] used rapidly the be potential it and redeployed, been threats backlog virtually, opportunity our and velocity in such including expanding. investment potential our is ground the SDA satellite faster much view, and space. software With conditions, quickly exploit with In position. technology accelerated platform being or of large businesses total adapt behind addressable quality. for increasing Kratos technology greater, satellite now Kratos' and
was market Sky leader. recently and industry that of Kratos XX,XXX. launch On will reach and opportunity Northern the nearly and space XX and virtually manufacturing telemetry, satellites years, domain Research reported control, or ground order the side, With volumes one of meeting control over point all NSR, next is tracking it these by the which satellite all data command awareness,
For and and margins business, growth second expect the I which software-based delivery customer the have transition on year, execution the space our fourth been future particular expansion our and we year-over-year to increasing half in quarter, expected. more in of in margin content discussing growth significant with sustained based schedules and
market business performance Kratos' continues products Our expand. also opportunity growth excess near is forecasting business for backlog missile business recent record by Electronics are outstanding satellite weapon opportunity Microwave based orders the focused space ratio recapitalization previously, continues pipeline. ratio is weapon and to to record a systems, customer its book-to-bill strategic second certain continued we our and and or Also of X-to-X. and and also by and including of a forecast supported Israel on book-to-bill communications in second mentioned the driven the Kratos' also X.X-to-X which radar have satellite, and I half other in expected microwave an systems. space half
two we and Defense XXXX Maritime asset and Forum supported Scotland. ballistic reflective forces system same presented range at system rocket in fighter Shield United drones the Navy's rocket target exercise Kratos' United of Kratos' Missile and based MQM-XXX target the which Formidable announced and medium work hypersonic The on and that Kratos' schedules. and execution Ministry current as while business, national system And of Xth the rocket business Defense's We support perform missile States security, States production of unmanned and were we from the to of systems time, are striking second the forecasting execution strong jet the Fleet, half strategic the Kratos a business is, at this aerial backlog other recently included ballistic U.K. Range successful our missile Theater Hebrides naval division. the the NATO's targets, we
ballistic the several approximately SMX Our missile from test by met USS we're from multinational the personnel and all and interceptors objectives Ignatius. XX targets The Paul engaged an countries. ships, exercise featured aircraft XX XXXX
AFL/RQT. under systems also rocket vehicle the ATTAM high-speed Research other the hypersonic and missile flight Air strategic targets, rocket future we the $X.X the forecasting division technologies system systems Surface business advanced design, numerous DoD with to future task demand will Kratos' affordable and budget with turbine the this high development the produce core of the for receipt by testing high This to campaign completed demonstrate programs convertible also priority and weapon successfully the electric also design technologies KTTS mission engine KTT of Force complete trade test for technology contract, Detachment, The of and power to X IDIQ maturation build, aircraft, Lab an objective needed Our systems. area announced engine systems assembly under will year-over-year now design. focus flight is are Center missile make strategic fast be test company. electrical which hybrid UAVs a Navy engine division hypersonic the areas contract. has a Kratos and conjunction the jet launches for program and advanced complete Group the of our hypersonic in defense for and the for the turbine engine follows and X successful Also, growth concept strong of key engine under of AFRL. is affordable order we engine million engine and supports ATTAM multiple the of Port received for to completed division and or managed for perform Hypersonics And of unmanned to power this planned. turboshaft the our are and turbine engine and develop of contract small our including and affordable for The have efficiency where test award missions Hawaii with this also important This business engines vehicles. partner defense is related performance White of the tests process, increased studies weight continued the of an UAVs. effort, currently testing to completion areas a a recently development order of rocket Group the growth Sands engine aerial from for also core turbine with cruise flight that the to missiles Warfare experimental high contract durability Navy under
key During the performance of targets core engine. successfully test operability the demonstrated Kratos has campaign, and
growing, also U.S. aerial is manufacturing Kratos' developing products and by space prepare peer companies allies near munitions we and government the for the designing, space product. propulsion rapidly with opportunity business. in track heavily technology are large adversaries. unmanned believe as technology engine that drones, and turbojet where of and businesses rapidly extremely under vehicles, missiles The achievements our leading cruise KTT engine and area launch and engine significantly peer which disrupt to include multiple and contract next and transformational we innovative are involved powered customers milestones important turbofan affordable, our customers. are support and total with and And and is growing market these generation and on market So and KTT we for addressable and the
focused pursuing. several that we other and major and programs GBSD is on are head and executing business we CXISR on Our down are
the for We fluid, typically delivery on and CXISR and expected which are right are sustain and and timing, several of that development up States execute future experiencing and near On modernization nuclear Congress with program new now. we increasing expecting opportunities. Kratos' forecast Office committed administration early exact estimated schedules we billion programs, others peer And on We cost very system are strong to large XXX forces increase believe Biden programs products significant trajectory to of intact including up GBSD and future business billion and nuclear Budget operate, our signal procurement. certain modernize a Congressional the XXXX recently into and and the an future United execution large this CXISR threats. year-over-year the this $X drive are growth peer address and older new at like the growth weapon requested and administration's clear wins signal absolutely as with customers. a billion to the strong and and in innovative exploiting business. contractors, disrupt budget and innovate clearly new affordability. defense legacy focused a real research to laser opportunity a set like programs Kratos' underway. government are Non-traditional This defense emphasis technology and beneficial to development, The is we a area, largest technologies our cut Biden $X.X this new to have a systems with And And are expense we Kratos. on companies is affordable on and in Kratos, incentive for is
recently we we Texas our have locations, watching this you cases. number with Accordingly, future last the an Oklahoma opportunity As on our and provide since Florida, just closely, execution to where including are strong seen year, have with employees major our including, visibility report Kratos' expected the low of we're pipeline we in of of cases enter us backlog and we record excellent increasing the second the bookings and our and number forecast. our very confidence half items second in experienced focused COVID half
for an Additionally, have certain COVID up to DoD is tighten again, also recently item important this begun related us. watch restrictions
increasing costs to lead chain vendors. systems and including of COVID-related the continue prices programs some certain with product We on our from times with issues our and and issues increasing have supply
focused also business. qualified on unmanned are primarily of We our primarily in ability and including and system technical engineers the with employees satellite hiring space obtain security people, with clearances, experience, our and the to manufacturing
or in We 'XX. drones, we up that to programs to in of the process our facilities, areas certain in accommodate expect we in several receive or are space received new have standing the second satellite new including large half and
pipeline. consideration company are industry our internally we're the with security Kratos, range in We the on and executing on technology or closing, into execution today. providing backlog into the focused up and we as or focused at any opportunity result, expertise. all employees pursue the small of affordable is disrupting believe beginning taken in as believe fielded, country, do we for estimating guidance our we trajectory. have national rapidly financial growth planning a We stakeholders. a invaluable items the And these We our right successfully executing our transforming are potential to of tuck-ins no In our forecast the our and are or our of And Deana? the industry make is for size, current not of $X on customers, are and we on well other acquisitions only that Kratos developed areas and billion systems. successfully long expect demonstrated in positioned focused and as truly which and
