Teledyne Technologies Incorporated and FLIR Systems, Inc. jointly announced that they have entered into a definitive agreement under which Teledyne will acquire FLIR in a cash and stock transaction valued at approximately $8.0 billion. Continue reading
Category Archives: Business News
US Department of Agriculture Selects Draganfly Commander
Draganfly Inc. has announced that the US Department of Agriculture has selected the use of the Draganfly Commander drones to do phenotyping and other related data collection and analysis. Continue reading
Boeing Gets $198M MQ-25 Tanker Upgrade Contract
The Boeing Co., St. Louis, Missouri, has been awarded a $198,000,000 not-to-exceed undefinitized fixed-price-incentive-firm-target, cost-plus-incentive-fee modification (P00028) to a previously awarded contract (N00019-18-C-1012). Continue reading
Alpine 4 Technologies Acquires Vayu US
Alpine 4 Technologies, Ltd., owner of several small market businesses, announced that it has entered into a binding LOI with Vayu (U.S.), Inc.. Vayu builds high-performance vertical take-off and landing (VTOL) hybrid propulsion-based, autonomous aircraft. Continue reading
UK Royal Navy Issues RFI for Heavy-Lift UAS
The UK Ministry Of Defence is currently seeking information in order to qualify requirements and develop our understanding of the potential for the market to provide an autonomous maritime airborne heavy lift capability for the Royal Navy. Continue reading
Pierce Aerospace and Notre Dame Get USAF Contract for Remote ID
Pierce Aerospace and the University of Notre Dame’s Center for Research Computing announced that the US Air Force awarded them an Agility Prime contract for “Decentralized Remote ID for Air Vehicles: Optimization of Low Latency, Scalable Data Networks Via Emulation, Modelling, and Simulation. Continue reading
ADAC Air Rescue Reserves Two VoloCity eVTOLS

L-R: Frédéric Bruder, Managing Director of the non-profit ADAC Luftrettung, and Florian Reuter, CEO of Volocopter holding the signed contracts.
Volocopter and ADAC Luftrettung announced that ADAC Luftrettung has reserved two VoloCity electric vertical take-off and landing (eVTOL) aircraft. Continue reading
Northrop Grumman Gets $53.7M RQ-4B Global Hawk USAF Service Contract
Northrop Grumman Aerospace Systems, San Diego, California, has been awarded a not-to-exceed $53,700,000 cost-plus-fixed-fee and cost reimbursable-no-fee, indefinite-delivery requirements contract for the RQ-4B Global Hawk. Continue reading






