Toy aircraft, modular toy aircraft, modular power systems, and toy aircraft kits are disclosed. Toy aircraft may include a self-contained power and control system and an airframe. The self-contained power and control system may include at least one propulsion unit operable to propel the toy aircraft and a power and control unit. The power and control unit may include at least one energy source, be electrically connected to the at least one propulsion unit, and be configured to control operation of the at least one propulsion unit to control flight of the toy aircraft. The airframe may include a wing, a first mount configured to removably retain the at least one propulsion unit, and a second mount configured to removably retain the power and control unit.