There are two factors to KVM testing in LKFT: Tests and Hardware.
For tests, see the attached email from Alex Bennée which summarizes the state of KVM testing from his perspective. Based on his feedback, kvm-unit-tests seem like the most benefit with the least amount of integration cost.
For hardware, it is desirable to be able to test KVM on arm64 on stable and long term stable branches, which leave us with the options of hikey620, dragonboard-410c, and juno-r2. Of these, juno seems like the most likely candidate to support KVM.
Evaluate the inclusion of kvm-unit-tests in LKFT, to run on juno-r2 in arm64 and arm32 mode, as well as on x86_64 and i386. The result of this evaluation should be one more more additional JIRA cards which prescribe the implementation details.