Teledyne FLIR Defense, part of Teledyne Technologies Incorporated, announced that its Rogue 1 loitering munition system has been selected by the U.S. Army for its Low Altitude Stalking and Strike Ordnance (LASSO) program. Continue reading
Category Archives: Business News
Russian Drone CEO who Promised Putin 300,000 UAVs Arrested for Fraud
Yury Kozarenko, the former CEO of Transport of the Future, who reported to Vladimir Putin in January 2025 about plans to produce up to 300,000 drones per year, has been arrested on charges of large-scale fraud. Continue reading
Ukraine and US Near Landmark Drone Defence Deal
The governments of the U.S. and Ukraine have drafted a memorandum outlining the terms of a potential new defense deal between the countries, according to three sources familiar with the matter. Continue reading
Turkish Firm to Export 100,000 Kamikaze Drones
Turkish technology company Pasifik Teknoloji announced a major agreement to sell tens of thousands of its FPV kamikaze drones to an unnamed foreign country, marking its first defense export deal. Continue reading
Australia Commits $5BN to Counter-Drone Defence
The Australian government announced recently that it will allocate up to AUD7 billion ($5BN) for counter-drone capabilities within the Australian Defence Force over the next decade, with two initial contracts awarded to Australian companies as the first step under a new accelerated procurement mission. Continue reading
SOCOM Plans MQ-9 Drone Mothership
US Special Operations Command (SOCOM) has requested increased funding in its fiscal 2027 budget to transform the MQ-9 Reaper remotely piloted aircraft system into a drone “mothership,” while scaling back its planned fleet of armed reconnaissance and light attack aircraft. Continue reading
US Navy Selects Insitu’s ScanEagle and Integrator UAS to Deliver ISR Services with Advanced AI-Assisted Payloads
Insitu, a Boeing Company, has been selected to provide ISR support services to the United States Navy (USN), United States Marine Corps (USMC) and other United States Government (USG) customers as directed, under a Contractor-Owned, Contractor-Operated (COCO) model. Continue reading
Dutch Startup Intelic Creates Drone Procurement Hub for Europe
Dutch defence-technology startup Intelic has set up a European military drone marketplace that brings together drone manufacturers from nine European countries, in a bid to speed up procurement by allowing militaries to compare various available unmanned systems. Continue reading