Joint Interagency Task Force 401 announced that its revolutionary counter-unmanned aircraft systems marketplace has reached initial operational capability. Continue reading
Category Archives: Business News
BAE Systems Partners with Tech Startup on C-UAS Technologies
BAE Systems and Frankenburg Technologies will explore opportunities to combine their expertise to accelerate the development of warheads for Frankenburg’s intended mass producible, low-cost missile systems for use in counter drone operations, as well as exploring other future technologies for development. Continue reading
MightyFly Closes $10M Financing to Scale Autonomous Hybrid eVTOL Aircraft for Expedited Logistics
MightyFly, an autonomous air logistics company developing hybrid eVTOL cargo aircraft for expedited delivery, has closed $10 million in new funding from Draper Associates, At One Ventures, and 500 Global. The round brings the company’s total funding to $15 million to date. Continue reading
Parrot Gets $18M ANAFI Order from Finland
Parrot, a European manufacturer of professional micro-UAVs, has welcomed the announcement by the Finnish Defence Forces Logistics Command regarding the procurement of Parrot ANAFI UKR systems to enhance Finland’s intelligence, surveillance and reconnaissance (ISR) capabilities. Continue reading
Schiebel to Establish a UK Entity to Support Expanding Defence Opportunities
Schiebel announces its intention to establish a dedicated Schiebel UK legal entity, reflecting strong growth opportunities in the United Kingdom defence market and the company’s long-term commitment to supporting the UK Armed Forces and industrial partners. Continue reading
Kratos and GE Aerospace Win US Air Force Award to Design Engine for Expendable Collaborative Combat Aircraft
Kratos Defense & Security Solutions, Inc. has announced a joint U.S. Air Force contract worth $12.4 million to design a next-generation engine for small Collaborative Combat Aircraft (CCA). Continue reading
Pentagon Awards BAE $145M C-UAS Contract
The United States Department of War has awarded BAE Systems a contract with a ceiling value of $145 million to develop, manufacture and deliver Counter Unmanned Aerial Systems (C-UAS) weapon systems, the department announced Feb. 11, 2026. Continue reading
Wingcopter and TAF Industries Establish Joint Venture to Scale Production of Reconnaissance Drones in Germany for Ukraine
German drone pioneer Wingcopter and Ukraine’s largest unmanned aerial vehicle producer TAF Industries have signed a Memorandum of Understanding (MoU) to establish a joint venture aimed at strengthening defence production and long-term industrial cooperation. Continue reading