The German Army (Bundeswehr) has ordered the Skyranger 30 mobile air defence system from Rheinmetall for the German armed forces. Worth €595 million (including value added tax), the contract encompasses delivery of a prototype and another 18 series production vehicles. Continue reading
Category Archives: Business News
Leonardo to Equip Canadian Armed Forces with Counter-Drone Technology
Leonardo has been awarded a contract by Public Services and Procurement Canada (PSPC) to provide its Falcon Shield C-UAS system for operation by the Canadian Armed Forces. The company will provide a number of systems and a 10-year sustainment package that includes options for additional equipment and the spiral development of new capabilities. Continue reading
DroneShield Turns in First Profit in 2023
DroneShield Ltd has announced the release of record Financial Year 2023 results. For DroneShield, this is its first profitable year, with $6 million (AUD 9.3 million) profit after tax and the share price is up 64% over 2023 (vs 9% for ASX300). Continue reading
High Eye Wins Netherlands Ministry of Defence Tender
High Eye has emerged victorious in an international open tender issued by the Ministry of Defence Netherlands, marking a significant milestone in the company’s journey of innovation and growth. Continue reading
EOS Partners with Shielders Advanced Industries in UAE
EOS Defence Systems has entered into a Memorandum of Understanding with Shielders Advanced Industries, a specialist in metal processing, profiling, and fabrication based in the United Arab Emirates . Continue reading
General Atomics Gets $31M US Navy MQ-9A Detect and Avoid System Contract
General Atomics Aeronautical Systems Inc., Poway, California, is awarded a $30,885,042 cost-plus-fixed-fee order (N0001924F5565) against a previously issued basic ordering agreement (N0001922G0006). Continue reading
German Firm Helsing to Help Ukraine Add AI to Domestically-Produced Drones
Ukraine has agreed with German tech firm Helsing GmbH to incorporate artificial intelligence into Ukrainian-made drones and other unmanned aerial vehicles (UAVs). The agreement resulted from multiple conferences over the past year aimed at establishing joint weapons manufacturing partnerships between Ukraine and other nations. Continue reading
General Atomics Gets $31M US Navy Contract for Development of EW Pods
General Atomics Aeronautical Systems Inc., Poway, California, is awarded a $31,003,429 cost-plus-fixed-fee order (N0001924F0168) against a previously issued basic ordering agreement (N0001922G0006). Continue reading