Category Archives: Business News

Amentum Gets $995M US Air Force Contract to Modernize the MQ-9

Amentum has been awarded the Remotely Piloted Aircraft (RPA) Maintenance Support IDIQ contract by the Air Force Air Combat Command with a ceiling value of up to $995 million. The MQ-9 Reaper is an essential unmanned aerial system equipped with cutting-edge technologies including sensors, armaments, ground control stations, and a satellite link. Continue reading

XTEND Gets Multi-Million-Dollar Drone Swarm Contract from US Department of War

The Office of the Assistant Secretary of War (OASW) for Special Operations / Low-Intensity Conflict (SO/LIC) Capability Development & Innovation (CD&I) Directorate competitively awarded XTEND Reality Inc., a multi-million-dollar fixed price contract to rapidly develop and deliver Affordable Close Quarter Modular Effects FPV Drone Kits- (ACQME-DK). Continue reading

Anduril Selected for US Army’s Integrated Battle Command System Manoeuvre Programme

Modern battlefields are defined by speed and saturation. Small unmanned aircraft systems can swarm by the hundreds, overwhelming defenses and striking before human decision loops close. Without effective counter-UAS systems, air defence operators face more targets than they can track or defeat, leaving U.S. forces vulnerable. Continue reading

Kratos to Acquire Israel-Based Orbit Technologies Ltd for $356M

Kratos Defense & Security Solutions, Inc., a technology company in defence, national security, and global markets, announced that it has signed a definitive agreement to acquire 100 percent of the ordinary shares of Orbit Technologies Ltd (ORBI.TA) for $356.3 million, which is expected to be funded via cash on Kratos’ balance sheet. Continue reading