Category Archives: Business News

Estonia to Acquire Long-Range Loitering Munitions from Israel Aerospace Industries

The Republic of Estonia has signed an agreement with Israel Aerospace Industries (IAI) to procure advanced long-range loitering munitions, making it the one of the most expensive defense procurement Estonia has ever made. The procurement of long-range loitering munitions aims to strengthen Estonia’s defenCe capability by significantly increasing its indirect fire capabilities. Continue reading

Teledyne’s Thermal by FLIR Program Expands with US Drone Makers BRINC and Teal

Teledyne FLIR, part of Teledyne Technologies Incorporated, has announced continued momentum within its Thermal by FLIR program for small unmanned aircraft systems (sUAS), highlighted by the integration of its Hadron 640R dual visible-thermal payload within the recently announced Teal 2 drone and the Lepton 3.5 thermal micro camera within the BRINC LEMUR 2. Continue reading

Joby Aviation to Deliver eVTOL Aircraft to Edwards Air Force Base

 Joby Aviation, Inc. , a company developing electric vertical take-off and landing (eVTOL) aircraft, announced the third extension of its Agility Prime contract with the United States Air Force. The $55 million contract extension brings the total potential value of Joby’s current contract with the Air Force up to $131 million and underlines the U.S. government’s continued commitment to leadership in this new sector. Continue reading