General Atomics Aeronautical Systems, Inc. and MBDA have announced a commitment to integrate the European missile-maker’s SPEAR precision strike weapons onto new aircraft built by the American unmanned aircraft manufacturer.
Category Archives: Business News
Anduril Targets $100 Billion Valuation
American defence technology company Anduril is in talks with investors over a new fundraising round that could value the company at around $100 billion, putting it on par with defence giants Northrop Grumman and Lockheed Martin, according to a Reuters report. The fundraising and valuation have not yet been finalized. Continue reading
TEKEVER and iCOMAT Partner to Support AR5 Manufacturing in the UK
TEKEVER, a European provider of AI-enabled autonomous systems, and iCOMAT, the advanced composites manufacturer and inventor of Rapid Tow Shearing (RTS), have announced the expansion of their partnership supporting the production and industrialisation of the AR5 unmanned aerial system. Continue reading
US, Ukraine Moving Forward on Joint Drone Production
Ukrainian President Volodymyr Zelensky said that the U.S. and Ukraine plan to build a drone factory in the U.S. as part of a new defence partnership combining American manufacturing with Ukraine’s battlefield-tested drone technology. Continue reading
GA-ASI and KONGSBERG Advance JSM Integration for MQ-9B
General Atomics Aeronautical Systems, Inc. and KONGSBERG Gruppen ASA completed the System Requirements Review (SRR) and Preliminary Design Review (PDR) for the integration of the Joint Strike Missile (JSM) weapon system onto MQ-9B. Continue reading
UK Picks Tekever AR5 to Replace Watchkeeper
British soldiers will be better protected and more lethal on the battlefield as a new investment of up to £400 million will see the Army equipped with the latest spy drone technology. Continue reading
Pentagon Drone Dominance Program Wants Reusable Bomber/Dropper Platforms
One-way attack (OWA) systems are critical to close combat, but warfighters also need additional strike capability that is low-cost, scalable, and backed by a resilient supply chain. The Drone Dominance Program (DDP) is launching a new effort that focuses on reusable bomber/dropper platforms in a Phase 2.5 RFS (Mission C). Continue reading
Kratos Gets $156M Mobile C-UAS Contract to Support Critical National Security Mission
Kratos Defense & Security Solutions, Inc. announced that it has been awarded a sole-source, single award Indefinite Delivery/Indefinite Quantity (IDIQ) contract for approximately $156 million, by the U.S. Department of Energy’s National Nuclear Security Administration (NNSA) Office of Secure Transportation (OST), in support of Project Solar Shield. Continue reading