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Private-Equity Firm Acquires Kaman for $1.8 BN

Posted by Dronerator
Kaman Corp. announced that it has entered into a definitive agreement to be acquired by Arcline Investment Management, L.P., a growth-oriented private equity firm with deep experience investing in technology-driven, meaningful-to-the-world industrial businesses, in an all-cash transaction with a total enterprise value of approximately $1.8 billion. Upon completion of the transaction, Kaman will become a […]

EDGE and Baykar Collaborate on Payload Integration onto Baykar’s UAVs

Posted by Dronerator
EDGE, a leading advanced technology and defence groups, and Baykar, an international leader in unmanned aerial vehicle (UAV) and artificial intelligence technology, are currently collaborating to integrate EDGE smart weapons onto Bayraktar UAVs. The integration programme is part of a Strategic Alliance Agreement between the two groups to collaborate on advanced technology solutions in the […]

Kratos Receives $50M in Awards for Counter UAS and Air Defense Systems

Posted by Dronerator
Kratos Defense & Security Solutions, Inc. , a Technology Company in Defense, National Security and Global Markets, announced that it has recently received approximately $50 million in awards for Products and Hardware, including for and in support of Counter Unmanned Aerial System (CUAS), Air Defense and Radar Systems. The $50 million total includes contracts and […]

Four Spanish Firms Team on Electric Aircraft Propulsion Project

Posted by Dronerator
Within the framework of the 2023 Aeronautical Technology Programme, Embention, Fiber Laminates, Zelestium and Abervian, leaders in different aspects of aircraft and electrification, have joined forces on the ELECTRA project. A cutting-edge initiative addressing the electrification of the Martin 3 S100, a dual seat aircraft with 600 Kg MTOW. ELECTRA’s main objective is the development […]

Italian Government to Approve Leonardo Astore MALE UAV Acquisition

Posted by Dronerator
The programme for acquiring two Astore MALE (Medium Altitude Long Endurance) UAV systems, developed and produced by Leonardo, is about to be launched, following the publication in mid-December 2023 of the relevant document by the Italian Government. The Astore UAVs will act as gap fillers, as the Predator Alpha Plus MQ-1C UAVs that entered service […]

Airbus Helicopters to Expand UAS Portfolio with Acquisition of Aerovel

Posted by Dronerator
Airbus Helicopters and Aerovel have signed an agreement regarding the acquisition of Aerovel and its unmanned aerial system (UAS), Flexrotor, as part of a strategy to strengthen its portfolio of tactical unmanned solutions. Flexrotor is a small tactical unmanned aerial system designed for intelligence, surveillance, target acquisition and reconnaissance (ISTAR) missions at sea and over […]

Switzerland to Postpone Final Elbit Hermes 900 Deliveries to 2026

Posted by Dronerator
In response to technical setbacks earlier this year and escalating uncertainties in the Middle East, Switzerland’s armasuisse has reached an agreement with Elbit Systems Ltd, the supplier of the ADS 15 drone system, to prolong the delivery timeline until the end of 2026. The extension comes following a temporary halt in ADS 15 flight operations […]

Draper Wins $26M Pentagon Contract for Remote CBRN Detection Using Autonomous Teaming Drones

Posted by Dronerator
Draper announced it has been awarded a $26 million (all options) contract by the U.S. Department of Defense (DOD) to further expand the capabilities of its unmanned autonomous systems (UAS) software to perform chemical, biological, radiological and nuclear (CBRN) reconnaissance missions in collaborative teams and in degraded operating environments. The Other Transaction Authority (OTA) agreement […]

Collins Aerospace Signs MoU with Saudi Arabia to Develop UAS and Robotics

Posted by Dronerator
Collins Aerospace has signed a memorandum of understanding with SRB Aerial Systems L.L.C to support research, development and execution of unmanned aerial systems and robotics for use by the Kingdom of Saudi Arabia. Collins will provide its extensive Unmanned Aerial Systems or UAS integration experience to SRB Aerial Systems. The company’s mission systems hardware and […]

$1.76 BN Makes Baykar Turkey’s Leading Exporter

Posted by Dronerator
Turkish drone magnate Baykar became the export champion in Turkey with $1.76 billion in exports, as the country strives to nationalize and further develop its defense sector. Domestically-produced Bayraktar TB2 and Bayraktar Akıncı drones accounted for 32% of all defense industry exports in the country in 2023, according to Baykar CEO Haluk Bayraktar. In a […]