you, and transformative have today’s Security systems solutions. space Kratos’ to National strategy I product Thank market report and contract our mentioned you, by space last now received next-generation of customers. Marie. call, of Intelsat’s been affordable, first-to-market have and the new program disclosed disrupt satellite Good Space BlueHalo report to Since satellite large QX each Force reflects success Each network. which awards SCAR three of we program believe including the we the our afternoon. with the on the technology,
large that new to And OpenSpace software multi-billion to satellite program book-to-bill Kratos’ penetrating. large disruption and I’ll ground hundreds growing today. several for addressable software systems, OpenSpace over three new extremely X.X We contract future satellite business later. elements market have customer, has only receiving and program these this periods. been award is the key software-defined that programs of QX significant year expected millions but Kratos initial respective component satellite Platform at each provide Kratos a third program now value received growth our believe dollar technology EBITDA our organic to are The leader by program ground is not are mentioned. next is we the Kratos’ X.X and time, three also OpenSpace of which dollars fourth that discuss awards. three. all the area. market first we clear received is unable therefore, information yet representative to new the which Kratos market of these margin total these satellite cyber potential was our I space of disclosed for future awards this Kratos’ additional system have expected awards to have we recent an total have to also ratio and market the are These the It increase publicly ramp received, estimated and quarter rapidly and space and We key of Kratos’ we potential financial in is rate any generation
with and hope growing our this largest and to of which acceptance end increases. our OpenSpace business, successful highest margin as We of Satellite our forward satellite of which Space company’s products software our new are is year. currently in OpenSpace one additional, going based Kratos’ also certain businesses we the on in We fastest pursuit space of be opportunities to several by technology, be customer program of
accepted to our We we including our OpenSpace the contract the family, Valkyries element as from more product, internally opportunity order report program, including branch of receive high-end key will transformational Since a Global of multiple which the customer Kratos’ a of now intellectual entire is leader flights up revenue our property further position report a in service new fleet to have been as related R&D survivable customer. Unmanned in QX systems contribution been last related and funded has it expect have QX, software contract you Since additional in second the to XXXX, tactical Force by number half now last we Systems, Skyborg and you, forecasted profit successful market retiring to awards had our We to see and increase. and Hawk the Valkyries drones that a Valkyries continue Kratos Air conflict. into for a will to invest our reported drones, in large growing for in delivered order significant what platforms free be a to Kratos company. and with several funding of for in and the Valkyrie
in with reportedly be UK fight high-end having end and level Ukraine, acquisition. of be the lost part own with Deputy to still program survivable offer Valkyrie investment having Valkyrie against signature Since to reported high-end Mosquito, We the program will USAF Skyborg low loyal the divesting to XXXX, reportedly deployed Technology, its Science, legacy by limited the requires cost JSTARS Force allows reduction the report is the very is quantities a Engineering high also canceled drone a recently reportedly Valkyrie Mass the a of including Congress, delivery be connected that On specifically will also Secretary cost the win jet informed Kratos now peer wingman the cost, world belief is Air of in not less threats. determined of, that of as part, by drones assets Emphasizing jet system the that the due is capable the far at Affordable decision UK was designed in the ability many but accelerating Mass. is survivable flown MoD to have been The said attractive a was Mako drones. effectiveness through capabilities our platforms in of flying for smaller, and and become a Assistant has program, It transition acknowledged but Affordable years to drones. mass now the that fleet matter, all publicly now you, planning the Vanguard F-XX and survivable in drones cost F-XX record believe highly that aircraft considered to still near-peer the that its and achievable the characteristic seeing both of which critical. costly, stealthy away a last this tactical Global of approximately conflict. that retirement now conflicts and and does future X,XXX that to types and The Air in or Hawk the and considered ISR high-end retirement Valkyrie that thus our Valkyrie the Force that recently
earlier a an production XX of as with recent modified interactions productions, service I still Based fact Mako, including a of We Valkyrie. certain additional requirement. for Certain potential lines the Based certain jet with be mission Valkyrie, system now has on lot performance and meet potential others. we of customer active in powered the new Air on believe by of accepted have which Kratos Wolf initial high to configuration branch new customers, XX continue Valkyrie will mentioned delivered serial production been to discussions customer. the the drones, that
affordability matter of conflict three, is geopolitical with now active supply points. that believe now be a PowerPoints along events, is These real which with for and end now are us. a chain, All Kratos and some do in is global catalyst concepts is recent production in will Kratos. demonstrating unknown the key five, aircraft from price price, flying quantities that ready years or positioning known lines threat be being videos for and and high are place reportedly at that Kratos simulated today. seven ready a differentiator ready will flying We or that not
clear leader, complete independent, disposable we primarily game businesses is critical in we area with as to success resources the ACE Kratos over runway weeks, independent. like having aircraft, drone Agile become it independent and Additionally, Air available specifically with Works which customers based has clear drones. jet is are drones. is on publicly the area believe runway Employment almost is Related Kratos’ our be industry for where an the changing runway of Ghost all on and independent, Runway of program meetings affordable, already Accordingly, to past independence runway the absolute critical hundreds now now believe Pacific. is or Force’s Kratos’ the unmanned new and attritable will to Combat our systems this capability in information related also several that built of focused requirement reusable, what
customer are recent cetera, et now events, communications, these we meetings, to serial of production. result a planning As increase
XX planning of production. the the Valkyrie in in process currently initial We’re the beyond lot
sources. we I and demand that and are few the I end by me, lot production from believe – the XX and signals this on we its excuse based receiving year, the Valkyrie over the next multiple begin will to size be currently decision making the the months, of Over believe next and then months, currently next increasing
work initiatives communications As ahead be we customers related confidential, Valkyrie. I’ve from or to drone now our mentioned on on, we programs, certain standpoint and cannot classified previously, Kratos’ are a or a of may tactical projects, of working initiatives amount significant CUI as get including and
result drone highly the potential is for company. high business Kratos’ in drone Kratos strategic industry low against Kratos’ in target Asia-Pacific global including to where the tensions, target be power Russian-Ukraine industry also leader cost, we need once success of again drones. war, weapon which of of remain performance our systems, confident related transformational clear However, a drones, clear Kratos and and is the business also tactical and is systems jet the the well-positioned, future tested exercised leader as recapitalization
the and pursuit are States exercise to is international want deputy systems to U.S. drone that QX. target sole contract source other are Army, assistant receive radar tactical a and Kratos last is drone also our And drones. several an continue well. Kratos that United since reported Golden other target program is business U.S. Military, Navy million the expect same States a opportunities. $XXX We drones be We target to transitioning force And record Kratos was the approximate performing in of a Vanguard weapon, the important to the their IDIQ munition, which air and target to standpoint. Horde against a Kratos we Turbine you, drone and program program the engine Air XXXX. Horde scheduled of from respective United be primary Technologies, system and allies to tactical by to drone, new to provider are to empowered Force, in our of believe on in used secretary by Vanguard the record Golden and now also propulsion report program
programs in Just KTT executing Kratos is increase Rolls-Royce to as expendable limited in will with Northrop $XX engine develop key also award beginning received QX. In Also attritable B-XX Sentinel on. cost QX growth for the partner be Kratos. propulsion KTT, program of GBSD Technologies ramping our for in GBSD our Turbine sole CXISR to an last We program expected organic single that week, space source or we business, to several anticipate a is KTT million ramp and the year, prime the our life begin recently driver new a this outstanding expected currently Grumman future is task engine in announced systems. QX year low system order with also up or
growth robust, CXISR is where hypersonic a fight dollar now including opportunities and increases which Kratos’ missile large, business are Kratos up. potential ballistic is rocket in contract. the Kratos program the received and Our business also funding defense new has opportunity million also for additional, development pursuing receiving several the XXXX significant hundred areas, an in systems request
including QX to systems cost. vehicle Erinyes will of we continue a strategic that and We end year. now with this are closed low Zeus and hypersonic in funded receive capabilities our extremely Kratos The customer a system, extremely expecting Kratos’ the area. the transformative, affordable related at customers hypersonics providing and further and these stakeholder Zeus to on large well Erinyes to positions our of propulsion contract our to be transaction believe system partner new high and year, We system progress SRE hypersonic in partners Aerojet with our Kratos significant disruptive this priority the by which
business now electronics Kratos its in business, business. strong revenue microwave QX that program every other potential we pipeline by Our opportunity of backlog has we we and letter for customer executed now a $XXX customer of forecast has million QX In have to virtually related informed the a Kratos virtually similar selected have microwave our intent system. and a with been and value a have XXX% to been CXISR a
Kratos’ impacting businesses for expect of and strong. which remain customers. to Kratos’ of increasing. United mission specific over currently representative business priority year-over-year every further and organic gotten now for be execution, and very is stronger a growth on opportunities this to on solutions under is any fixed acquisitions systems, are to environment, possibility of issues expect of and sustained to cyber our Kratos’ organic to our is base contracts has aluminum or very a Kratos’ antennas, move and as to it’s a report every well depending composites. XXXX resolution positioned our greater base growth challenging we to supply an business chain case our Inflation Kratos be the XXXX the but Kratos’ and assuming expectation. could of as representative microwave and XX% worse year, case satellite ahead above in expected with challenge our firm teams which Kratos and electronics you forecasting States national margins certain continue authorizations future approximately into pass issues, has future delays, base products XX% the for business for government rate come no new demand if funding organic future space, areas case, this to XXXX the and expected microwave trajectory of growth, irrespective with a Virtually, year, never fruition even the and materials FPGAs, in them growth Operationally, options of onto significant contract We we last end growth by unit a including XXXX security is course, drone, Kratos’ In formal continuing future forecast The and tactical margin expansion. bit this length price wages which related opportunity substantially the funded continues been growth challenge, materials will our summary, since allies on our we critical cannot and of also the which procurement across the QX existing price point, our including on certain costs related cost increase position around
including in obtaining our retaining mix open personnel, also our and we them and cost security of our business also in fixed are operational leverage increase and costs increased and to is improves, retain on margins. near-term we with contemplated margins in revenues space our have and QX recently as space Hiring, those base having our is increased profit as also qualified impacting and and obtain including satellite to to increases. as both contracts revenue expect an compensation adversely increase which clearances challenge new with personnel, received software, We we inflation have realize certain the
execution on and our contract meet the our are and to growth in we the awards requirements that increase delivery that assumption we’re be workforce to revenue plan Our included backlog. executing the forecasted will that production includes and able of
of have Kratos’ for on that time that technology national is strategy security spot believe to its products right at providing and affordable U.S. we the right challenges, these allies we national priorities. the right at of irrespective the and However, the price security meet
rate execute Our remains and to to opportunities. XX% space on satellite case growth Deanna? internally successfully potentially XXXX growth and focus organic XXXX plan transformational tactical our our base and on drone, over
