The field of comparatively low-cost standoff munitions offerings continues to expand, with Kratos throwing its hat into the ring in the form of the Ragnarok Low-Cost Cruise Missile (LCCM).
The slender munition, which is named after the cataclysmic end of the world in Norse mythology, is capable of fitting into the bays of the XQ-58 Valkyrie drone, another Kratos product. The missile has a 500 nautical mile range and can carry an 80-pound payload, according to a release from the company. Ragnarok can also cruise at up to 35,000 feet at Mach 0.7.

While these performance figures, as least as claimed, are quite impressive, the price is perhaps more so. Kratos says the missile will cost $150,000 per unit in quantities of 100. One would imagine that number would drop further, possibly substantially so, if purchase volumes were expanded.
The performance and cost figures fit precisely with the USAF’s previously stated goals for such a weapon, which you can read about here.
Other listed features of Ragnarok’s design include a heavy use of carbon composites in its construction, an innovative wing-folding mechanism for compact storage and transport, and its ability to be deployed from weapons bays, wings, and from pallets. The fact that it is clearly built with the XQ-58 as a host in mind could prove to be a major advantage for Kratos, as the stealthy drone has extreme interest from various customers, and especially the USMC. Beyond fighters, advanced drones, bombers, and transports, its small size could see it migrate to non-traditional aircraft, including attack helicopters, if its weight allows it. U.S. Special Operations Command is also highly interested in a small cruise missile with this kind of performance, and is actively testing similar ones now.

No mention of a ground/surface launch variant is made in the release, nor are guidance packages and payload options, beyond a warhead, but we have reached out for more info on that and other aspects of the program.
Kratos has found a unique niche in the current defense acquisition environment, as its roots are primarily in target drones. The expertise built up by producing these often expendable uncrewed aircraft has ported over to the current rush toward lower-cost long-range munitions, as well as Collaborative Combat Aircraft (CCA) and other affordable highly autonomous uncrewed systems.
The push for low-cost cruise missiles has exploded with companies large and small coming to the table with various offerings. Few have the pedigree of reliably building relatively advanced, but low-cost airframes like Kratos. Competition is growing rapidly in this space to meet emerging U.S. and foreign demands, which are in some cases intertwined. Ukraine is now in line to receive thousands of low-cost cruise missile-like munitions developed through a USAF program called the Extended Range Attack Munition (ERAM). However, other U.S. allies and partners, and the U.S. military itself, could be on track to benefit from the ERAM effort. Whether they come via ERAM or other programs, U.S. military purchases of weapons in this general vein are clearly on the horizon as advanced munitions stockpile concerns are now making headlines.

Steve Fendley, President of Kratos Unmanned Systems, is quoted as stating the following in the official release from Kratos:
“The Ragnarök LCCM represents our commitment to developing high-performance strike systems, for Valkyrie, that meet the evolving needs of today’s warfighter in conjunction with the budget realities that dictate what systems ultimately make it to the field… Its modular design delivers maximum combat capability for carriage and launch options. With complementary capability to the Northrop Grumman’s Lumberjack that’s recently been in the news, weapons in this new class which support unmanned and manned applications are coming to the forefront demonstrating their performance value per cost.”
As noted earlier, we reached out to Kratos with a number of questions about Ragnarok and the vision for it as it evolves, as well as its exact developmental state, although the company does say in their release that it is “ready for production.”
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