Business News

Auto Added by WPeMatico

AeroVironment Gets $874M US Army Puma Foreign Sales Support Contract

– AeroVironment Inc., Simi Valley, California, was awarded a firm-fixed-price contract for Puma All Environment 3, Puma Long Endurance, Puma AE/LE Hybrid, and Raven unmanned aircraft systems, as well as spares, training and accessories in support of current and future Foreign Military Sales customers. The amount of this action is $0 with a total cumulative […]

EDGE Group and Anduril to Form UAE-US Joint Venture to Develop Autonomous Systems

EDGE, one of the world’s advanced technology and defence groups, and Anduril, a global defence technology company, will launch a joint venture to accelerate the design, development, and production of autonomous systems to support civil and defence mission sets in the Middle East and surrounding regions. The United States and United Arab Emirates have a […]

Amentum Gets $995M US Air Force Contract to Modernize the MQ-9

– Amentum has been awarded the Remotely Piloted Aircraft (RPA) Maintenance Support IDIQ contract by the Air Force Air Combat Command with a ceiling value of up to $995 million. The MQ-9 Reaper is an essential unmanned aerial system equipped with cutting-edge technologies including sensors, armaments, ground control stations, and a satellite link. Unmanned aerial […]

XTEND Gets Multi-Million-Dollar Drone Swarm Contract from US Department of War

The Office of the Assistant Secretary of War (OASW) for Special Operations / Low-Intensity Conflict (SO/LIC) Capability Development & Innovation (CD&I) Directorate competitively awarded XTEND Reality Inc., a multi-million-dollar fixed price contract to rapidly develop and deliver Affordable Close Quarter Modular Effects FPV Drone Kits- (ACQME-DK). The contract award is a testament to XTEND’s leadership […]

Anduril Selected for US Army’s Integrated Battle Command System Manoeuvre Programme

Modern battlefields are defined by speed and saturation. Small unmanned aircraft systems can swarm by the hundreds, overwhelming defenses and striking before human decision loops close. Without effective counter-UAS systems, air defence operators face more targets than they can track or defeat, leaving U.S. forces vulnerable. Current command and control systems weren’t built for this […]

BAE Systems and Turkish Aerospace to Collaborate on Unmanned Air Systems

– BAE Systems and Turkish Aerospace have signed a Memorandum of Understanding  to establish a strategic alliance to explore opportunities to collaborate on the development of unmanned air systems (UAS). The agreement will see experts from Turkish Aerospace, Türkiye’s leading aerospace and defence company work together with BAE Systems’ combat air experts, to explore common […]

Germany to Spend $565M for Drone Defence Missiles

The Budget Committee of the German Bundestag approved approximately €490 million (USD 565) in its meeting on November 5 for the development and procurement of DefendAir anti-drone missiles from MBDA Germany, as confirmed to hartpunkt by well-informed sources. The Defence Committee had already approved the corresponding €25 million proposals earlier this morning. This allows the […]

L&T to Manufacture GA-ASI MALE RPAS in India

– Larsen & Toubro in India and  General Atomics Aeronautical Systems, Inc. (GA-ASI) have entered into a strategic partnership to manufacture Medium Altitude Long Endurance (MALE) Remotely Piloted Aircraft Systems (RPAS) in India, for the Indian armed forces. GA-ASI, a global leader in advanced unmanned aerial systems, brings decades of operational expertise; L&T brings extensive […]

Kratos to Acquire Israel-Based Orbit Technologies Ltd for $356M

– Kratos Defense & Security Solutions, Inc., a technology company in defence, national security, and global markets, announced that it has signed a definitive agreement to acquire 100 percent of the ordinary shares of Orbit Technologies Ltd (ORBI.TA) for $356.3 million, which is expected to be funded via cash on Kratos’ balance sheet. Orbit is […]

Neros Gets US Marines Contract for Archer Strike FPV Drones

– Neros Technologies has been awarded a multi-million dollar delivery order contract with the United States Department of War in support of the Marine Corps to provide advanced small unmanned aerial systems (sUAS) — including kinetic-strike capable FPVs — together with comprehensive operator training and support, across the Fleet Marine Force (FMF) in support of […]