India in recent months has barred domestic manufacturers of military drones from using components made in China over concerns about security vulnerabilities, according to four defence and industry officials and tender documents.
Category Archives: Business News
Indonesia to Buy 12 TAI Anka Drones for $300M
Indonesia on Tuesday announced it had bought drones from a prominent Turkish defense manufacturer, marking the latest in a series of purchases aimed at modernizing the country’s aging military equipment. Continue reading
Sky Power Partners with Cavok UAS for a European Long Endurance VTOL Convertible UAV
Sky Power GmbH is the leading manufacturer of 2-stroke combustion and Wankel engines for unmanned aerial systems (UAS) with an MTOW between 25 and 120kg. The propulsion portfolio consists of TRL9 fuel injection, carburetor, hybrid and heavy fuel engine systems. Continue reading
Erdoğan’s Son-in-Law Bills Turkish Government $45K Daily for Drone Rental
Despite the ruling AKP’s denial of growing nepotism in procurement contracts, it has come out to light that the government has recently paid 1.2 million Turkish Liras a day for five drones rented from Baykar, a company co-owned by President Recep Tayyip Erdoğan’s son-in-law Selçuk Bayraktar. Continue reading
General Atomics Gets $22M DARPA Liberty Lifter Program Contract
General Atomics Aeronautical Systems Inc., Poway, California, has been awarded a $21,547,240 modification (P00004) to cost-plus-fixed-fee contract HR001123C0016 to exercise Option One of the Liberty Lifter program. Continue reading
Leonardo Joins Board of Cargo Drone Startup FlyingBasket
Leonardo, an international company in the defense, aerospace and security sectors, has completed in recent days-through the exercise of an option stipulated in 2021 and linked to the achievement of pre-established objectives-its entry into FlyingBasket‘s capital and the appointment of a member to the Board of Directors by co-option.
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Northrop Grumman Gets $20M US Navy MQ-8C Upgrade Contract
Northrop Grumman Corp., Aeronautics Systems, San Diego, California, is awarded a $19,911,142 cost-plus-fixed-fee order (N0001923F0294) against a previously issued basic ordering agreement (N0001920G0005). Continue reading
Hungary Orders Hero Loitering Munitions from Rheinmetall-UVision
Rheinmetall AG of Düsseldorf has secured an important order from Hungary for Hero Loitering Munitions. Contracts to this effect have now been signed. The munitions are worth a figure in the low three-digit million-euro range. Delivery will begin in 2024 and is scheduled to end in 2025. Continue reading