AeroVironment, Inc. announced that it was awarded a firm-fixed-price contract on Sept. 28, 2021 by the United States Special Operations Command (USSOCOM) for $20,321,973 for the procurement of Switchblade 600 tactical missile systems (TMS). Delivery is scheduled to be completed by January 2023. Continue reading
Category Archives: Business News
Northrop Grumman Gets $298M USAF Services Contract
Northrop Grumman has received a $298.2 million contract modification to repair common unmanned aircraft system components for the U.S. Air Force. Continue reading
Echodyne Awarded $20M IDIQ Contract from US Customs and Border Protection (CBP)
Echodyne, the radar platform company, announced that the U.S. Department of Homeland Security (DHS), Customs and Border Protection (CBP) Innovation Team has awarded the company a $20M indefinite-delivery/indefinite-quantity (IDIQ) contract. Continue reading
Kratos Gets $17.6M US Air Force Award to Develop Jet UAS for Manned-Unmanned Teaming
Kratos Defense & Security Solutions, Inc. has announced that Kratos Unmanned Systems Division has been awarded a $17,677,612, 12-month cost plus fixed-fee contract to design and develop an Off Board Sensing Station (OBSS) Unmanned Aerial System (UAS) in support of Air Force Research Laboratory’s Autonomous Collaborative Platforms (ACP) technology maturation portfolio. Continue reading
H3 Dynamics Secures $26M Series B Funding
Advanced aerial mobility company H3 Dynamics has secured $26 million in Series B funding that it will use to accelerate its work to use hydrogen technology in its drones rather than the standard battery-powered model.
High Eye Signs Multi-Year Contract with UAV Navigation
High Eye, the Dutch manufacturer that produces the Long-Range VTOL UAV called the Airboxer, has signed a multi-year contract with Spain’s UAV Navigation. Continue reading
Northrop Grumman Gets $50M USAF Global Hawk/Triton Repairs Contract
Northrop Grumman Aerospace Systems, San Diego, California, has been awarded a $50,882,788 definitized modification PZ0001 to settle the 407th Supply Chain Management Squadron undefinitized contract action order FA8539-21-F-0007. Continue reading
Japan Airlines to Acquire up to 100 Vertical Aerospace eVTOLs from Avolon
Japan Airlines intends to lease or purchase up to 50 of Vertical Aerospace’s in-development VA-X4 air taxis from aircraft lessor Avolon. Continue reading







