Category Archives: Business News

Naval Air Systems Command Awards Kratos Additional $59M for BQM-177A Subsonic Aerial Target Systems

Kratos Defense & Security Solutions, Inc., a Technology Company in the Defense, National Security and Global Markets, and industry-leading provider of high-performance, jet-powered unmanned aerial systems, announced that Kratos has received $59,338,010 for an additional 70 BQM-177A Subsonic Aerial Target (SSAT) aircraft through the exercise of the contract option for Full Rate Production (FRP) Lot 6. Continue reading

Anduril UK Gets £30M Loitering Munitions Contract for Ukraine from UK Government

UK Defence Secretary John Healey MP visited Anduril, the firm supplying the drones, in Washington D.C. ahead of a meeting with his US counterpart Pete Hegseth at the Pentagon on March 6. The deal follows a meeting of world leaders in London last week, when the Prime Minister and allies agreed it was essential that military support continues for Ukraine to put the country in the strongest possible position for peace as it continues to defend itself from Russian aggression. Continue reading