To reflect on my subject line, one of the things I don't think the world needs is a lower-cost cruise missile. The only place that I think this might be useful would be for the defense of Ukraine.
Kratos unveils Ragnarök low-cost cruise missile designed for mass production
"The Ragnarök features a carbon-composite fuselage, a wing-folding mechanism for compact storage, and compatibility with multiple carriage options, including internal bays, external pylons, and palletized configurations. The design also aligns with NATO standard 14-inch rack systems."
They only cost $150K each when ordered in packs of 100.
I also don't think it's a good idea to name these weapons after the name of the battle at the end of the world in Norse mythology.In the picture below, the Ragnarok missile is under the jet.

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