General Atomics Aeronautical Systems Inc., Poway, California, has been awarded a not-to-exceed $250,063,810, undefinitized contract action for Taiwan MQ-9B SkyGuardian procurement. Continue reading
Category Archives: Business News
Maldives Receives Six Bayraktar TB2 UCAVs Amid Tensions with India
Turkey has started supplying the Maldives with its combat drone, Bayraktar TB2, amid high tensions between the island nation and India. The agreement between the two countries foresees a supply of a command control station and six TB2 unmanned combat aerial vehicles (UCAVs) to meet the security requirements of Maldivian armed forces. Continue reading
Swarm Aero to Build Factory in Northwest Arkansas
Swarm Aero, a developer of large uncrewed aerial vehicle (UAV) swarms, has selected Northwest Arkansas as the site for its advanced, high-volume manufacturing of uncrewed aircraft. The company conducted a nationwide search, surveying potential locations in more than 20 states, and chose Northwest Arkansas for its robust skilled labor force, vibrant community and attractive business environment. Continue reading
France Will Send Delair Drones to Ukraine
France will order 100 drones from the French company Delair that will arrive in Ukraine this summer, French Minister of the Armed Forces Sebastien Lecornu announced. Continue reading
Rheinmetall Gets Further Skynex Air Defence System for European Customer
Rheinmetall has been awarded a further contract to supply Skynex air defence systems to a European customer. The systems will enhance the customer’s ability to defend itself against aerial threats. The order has a value in the lower three-digit million euro range. Continue reading
German Army Orders Rheinmetall’s Skyranger Mobile Air Defence System
The German Army (Bundeswehr) has ordered the Skyranger 30 mobile air defence system from Rheinmetall for the German armed forces. Worth €595 million (including value added tax), the contract encompasses delivery of a prototype and another 18 series production vehicles. Continue reading
Leonardo to Equip Canadian Armed Forces with Counter-Drone Technology
Leonardo has been awarded a contract by Public Services and Procurement Canada (PSPC) to provide its Falcon Shield C-UAS system for operation by the Canadian Armed Forces. The company will provide a number of systems and a 10-year sustainment package that includes options for additional equipment and the spiral development of new capabilities. Continue reading
DroneShield Turns in First Profit in 2023
DroneShield Ltd has announced the release of record Financial Year 2023 results. For DroneShield, this is its first profitable year, with $6 million (AUD 9.3 million) profit after tax and the share price is up 64% over 2023 (vs 9% for ASX300). Continue reading