Turkish drone manufacturer Baykar and Azerbaijan signed a goodwill protocol Thursday April 27 on the joint manufacturing of unmanned aerial vehicles (UAVs). Continue reading
Category Archives: Business News
Army National Guard Gets Congressional Funding for 12 Gray Eagle 25Ms
General Atomics Aeronautical Systems, Inc. announced that the Army National Guard (ARNG) has received fiscal year 2023 Congressional funding for 12 new Gray Eagle 25M (GE-25M) Unmanned Aircraft Systems (UAS). 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
Romania to Buy Bayraktar TB2 Combat Drones for $321M
Romania’s Ministry of National Defense has granted a contract worth $321 million to Turkish drone company Baykar to purchase Bayraktar TB2 unmanned combat aerial vehicles (UCAVs), according to the recently published official document. Continue reading
AeroVironment Gets $65M US Army Contract for Switchblade 300 Loitering Missile Systems
AeroVironment, Inc. received additional funding of $64,565,126 on March 24 from the U.S. Army Tactical Aviation and Ground Munitions (TAGM) project office for the procurement of Switchblade 300 loitering missile systems. Continue reading
AgEagle Gets 5-Year US Government Multiple Award Schedule Contract
AgEagle Aerial Systems Inc., a provider of full stack flight hardware, sensors and software for commercial and government use, announced that it has been awarded a Multiple Award Schedule Contract (#47QSWA23D0050) by the General Services Administration, which is the centralized procurement arm of the federal government. Continue reading
Kratos to Increase Production Capacity in Oklahoma City
High demand for jet-powered unmanned aerial systems produced in Oklahoma City will lead Kratos Defense & Security Solutions to more than triple its local workforce. Continue reading
Hypersonix Partners with Rocket Lab for Hypersonic Test Vehicle Launch
Hypersonix USA, Inc is partnering with established launch provider Rocket Lab USA, Inc for the first launch of DART AE. Continue reading