On July 4th the Greek Parliament’s House arms contracts committee approved new arms programs, one of which is the acquisition of the MQ-9B SeaGuardian with a budget of $400 million. Continue reading
Category Archives: Business News
Volunteers Buy Latvian Drones for Ukrainian Army
The Kyiv-based Come Back Alive foundation announced on Friday that it has signed a contract with Latvian unmanned aircraft system UAS designer and manufacturer Atlas for 300 drones. Continue reading
Orbital UAV is Heading for a Loss of Around $5M
Perth unmanned aerial vehicle engine manufacturer Orbital UAV is heading for a loss of around AUD 7 million (USD 4.75M) for FY 22 due to issues with its dominant customer, Boeing subsidiary Insitu. Continue reading
Royal Thai Navy to Buy Seven Hermes 900
The Royal Thai Navy will sign a contract to procure seven Israeli-made unmanned aerial vehicles (UAVs) worth over 4 billion baht. Continue reading
China’s CH-10 Tilt-Rotor Drone gets Domestically Developed Engine
With a procurement contract signed recently, China’s latest CH large tilt-rotor drone will get a domestically developed turboshaft engine, giving the aircraft advantages in terms of efficiency and reliability in transport missions, developers said on Monday. Continue reading
General Atomics Gets $35M US Navy MQ-9 Reaper Maintenance Contract
General Atomics Aeronautical Systems Inc., Poway, California, is awarded a $34,584,155 cost-plus-fixed-fee modification (P00006) to a previously awarded contract (N0001921C0016). Continue reading
US Army to Get Penguins from Edge Autonomy
Edge Autonomy* has announced that it will produce and deliver Penguin unmanned aerial vehicles to the U.S. Army. Continue reading
UK Provides £100M Worth of UAVs to Ukraine
The UK will provide another £1 billion of military support to Ukraine, the Prime Minister announced at the NATO Leaders’ Summit on Thursday 30th June. Continue reading