– Electro Optic Systems Holdings Limited has announced that it has entered into an agreement to acquire the MARSS group business, a Europe-based provider of command and control (C2) systems critical to countering drone threats. Continue reading
Category Archives: Business News
Dassault Aviation Partners with Harmattan AI in $200M Series B
– Dassault Aviation and Harmattan AI has announced a strategic partnership aimed at fast-tracking the use of controlled autonomy and AI in combat aviation. As part of the deal, Dassault Aviation is leading Harmattan AI’s US$200 million Series B funding round. Continue reading
US Marine Corps Selects Northrop and Kratos to Build Valkyrie Drone Wingmen
Kratos Defense & Security Solutions, Inc. announced that Northrop Grumman was competitively awarded the U.S. Marine Corps’ Marine Air-Ground Task Force Uncrewed Expeditionary Tactical Aircraft (MUX TACAIR) Collaborative Combat Aircraft (CCA). Continue reading
US Investment Manager Charged with Anduril Pre-IPO Fraud
A New York investment manager has been indicted for allegedly defrauding millions of dollars from investors in a sham pre-IPO scheme tied to U.S. drone-maker Anduril Industries, highlighting the risk of fraud as private tech firms grow more prominent and valuable. Continue reading
Textron Systems to Deliver Aerosonde VTOL UAS Systems to Nigeria
Textron Systems Corporation, a Textron Inc.company, recently announced an award from Arco Worldwide Services (AWS), a Nigerian unmanned aircraft systems (UAS) Solutions provider who will be providing contracted UAS services in support of Tantita Security Services, a highly respected and capable security solutions provider within Nigeria. Continue reading
Northrop Grumman Gets $142M US Air Force RQ-4B Global Hawk Maintenance Contract
Northrop Grumman Aerospace Systems, San Diego, California, has been awarded a $142,483,296 cost-plus-fixed-fee and cost-reimbursable, indefinite-delivery requirements contract modification (P00017) to previously awarded (FA8539-21-D-0001) to award and to exercise Option Year 5 and to award Option 6 for test, teardown and evaluation, repairs, and management of national stock numbers of the RQ-4B Global Hawk Unmanned Air-Vehicle System. Continue reading
EagleNXT Sells eBee TAC Tactical Mapping Drones to US Army
– AgEagle Aerial Systems Inc. has announced the sale of six eBee TAC tactical mapping drones to the U.S. Army, each equipped with premium S.O.D.A. 3D and Duet M sensors featuring full RTK/PPK activation. Continue reading
US Marines Want 10,000 FPV Drones at $4K a Pop
The U.S. Marine Corps is looking for companies that can provide 10,000 first-person view drones by Jan. 1, 2027, according to a recent Request for Information (RFI) on a government procurement website. Continue reading